Kailuna-Kona, Hawaii Commercial Real Estate 0 Listings

Kailua-Kona, Hawaii: A Premier Destination for Commercial Real Estate

Introduction

Kailua-Kona, situated on the scenic west coast of Hawaii's Big Island, is a burgeoning hub for commercial real estate. Known for its vibrant economy and diverse industry sectors, Kailua-Kona offers unique opportunities for investors and developers. With a population of approximately 12,000, the city is a gateway to Hawaii's rich resources, bolstered by tourism, agriculture, and energy industries. Its strategic coastal location makes it an attractive destination for commercial real estate (CRE) investments, especially in retail and hospitality sectors.

Economic and Industry Overview

Kailua-Kona thrives on a diverse economic base, with tourism being a significant driver of commercial real estate demand. The city also supports a growing agriculture industry, particularly in coffee and macadamia nuts, which influences the need for warehouse and distribution facilities. Additionally, renewable energy initiatives are gaining traction, creating potential for industrial and office spaces. The Hawaii Department of Business, Economic Development & Tourism offers various programs to stimulate economic growth, further enhancing demand for CRE.

Strategic Location and Transportation Infrastructure

Kailua-Kona’s connectivity is a key asset, with the Kona International Airport serving as a major transportation hub. The airport provides direct flights to mainland U.S. and international destinations, facilitating the movement of goods and people. The city is accessible via the Queen Ka'ahumanu Highway (Route 19), which connects to other critical parts of the island. The strategic location offers logistical advantages for distribution and easy access to labor pools. For more detailed information, visit the Hawaii Department of Transportation.

Commercial Real Estate Inventory & Zoning

The Kailua-Kona CRE market is dynamic, comprising various submarkets such as the Central Business District (CBD) and the industrial corridors along the coast. Key asset classes include retail, industrial, and office spaces, with a growing interest in medical and multifamily developments. The city has implemented zoning changes to accommodate mixed-use developments, promoting higher density and sustainability. Access the Hawaii County Zoning Maps for detailed zoning information.

Major Employers and Institutions

Kailua-Kona is home to several major employers that drive CRE demand, including Kona Community Hospital, University of Hawaii's West Hawaii Campus, and prominent resorts. These institutions create a steady demand for office and retail spaces. For a comprehensive list of local businesses and institutions, visit the Hawaii County Economic Development website.

Notable Commercial Developments & Projects

Significant developments in Kailua-Kona include the Kona Village Resort renovation and the Kohala Coast mixed-use projects, which are set to enhance the city's commercial landscape. These projects often involve public-private partnerships, and some are situated in designated Opportunity Zones. For more information on current projects, explore the Hawaii County Planning Department resources.

Building Permits, Planning, and Development Tools

For developers and investors, Kailua-Kona offers robust planning and permitting resources. Access the Hawaii County Building Division for building permits, and utilize the Parcel Map Viewer for GIS data. The Hawaii County Planning Commission provides insights into development codes and regulations.

Market Data & Economic Reports

Explore public datasets for Kailua-Kona through census.gov and the Hawaii Open Data Portal. Brevitas leverages AI-powered aggregation from public data and internal insights to provide comprehensive market analysis. Discover Brevitas-powered dashboards for Kailua-Kona here.

Why Use Brevitas for Kailua-Kona, Hawaii CRE?

Brevitas offers unparalleled tools for CRE discovery in Kailua-Kona, utilizing AI-driven market alerts and smart property pages. Our platform provides: