For Sale $290,000 - Vacant Land
One of the few remaining investment opportunities in Hilo allowing Multiple – Family Residential developments (RM-1). With the continual demand for housing, RM-1 zoning provides for medium and high density residential use. Located in the city of Hilo, the parcel has been partially cleared in the past with many of the large trees cut down. With over 34,000 sf of land, RM-1 allows 1000 sf of land area per dwelling unit or separate rentable unit (please refer to Section 25-5-30 to 38 in the Hawaii County Code or contact the County of Hawaii Planning Department).
Property has been staked in December 2015 by a licensed surveyor.
Prime opportunity at a great price.