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Honolulu Land for Sale
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Land For Sale in Honolulu
In Honolulu, the heart of Hawaii, the land for sale provides a notable opportunity for CRE investing. The city stands out as a top market for those aiming to capitalize on its beautiful geography, strategic location in the Pacific, and strong infrastructure that supports sectors such as business, finance, hospitality, and military defense. The presence of educational institutions, like the University of Hawai'i, contributes to the city’s cultural diversity, making it more than a tourism spot but also a promising location for various commercial projects. The blend of Asian, Western, and Pacific cultures fosters a dynamic business atmosphere, increasing the value of investing in land here.
Investing in land in Honolulu means engaging in a market powered by its role as a global doorway and a significant center for diverse sectors, including tourism which plays a major role in the local economy. These properties gain from being close to key business areas, educational institutions, and natural sights. Beyond land, the real estate scene in Honolulu offers a range, including industrial properties, warehouses, specialty properties, and residential income homes, catering to various investment strategies and goals. For investors seeking "like-kind" properties for a 1031 exchange, Honolulu offers suitable options. The city’s diverse real estate options ensure investors can find properties that match their objectives, highlighting Honolulu as a versatile and appealing investment location.
Learn About Land For Sale in Honolulu
How many land listings are available for sale in Honolulu?
What factors should I consider when searching for land for sale in Honolulu?
- The economic landscape of Honolulu, including its role as a hub for tourism, business, and military defense, can impact the value and potential uses of the land.
- Proximity to key infrastructure and amenities such as the Honolulu International Airport, major highways, and commercial centers like Ala Moana and Waikiki.
How much does it cost to buy land for sale in Honolulu?
The cost of buying land in Honolulu varies, reflecting current market trends and property specifics. Average price per square foot is $691, with the average size listing being 12,024 SF, which offers insight into the market's current valuation.
What is the largest land for sale available in Honolulu?
What are the requirements to own land in Hawaii?
- You must be able to legally enter into a contract, implying a minimum age of 18 years.
- Financing for land purchases typically requires proof of income, credit history, and a down payment.
- Land for Sale in Honolulu offers a strategic opportunity due to its role as a major hub for business and tourism, making it an attractive option for investors.
Why is Honolulu an ideal location for land for sale?
Size Summary For Honolulu Land
Land Size | Square Feet |
---|---|
Maximum | 17,502 SF |
Average | 12,024 SF |
Minimum | 6,546 SF |
Commercial Real Estate Explained
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