This cleared vacant lot is located at the corner of Kekuanaoa and Iolani Streets. This "center of action" and convenient location offers high visibility in the middle of town. The sellers were planning on building an office building. There are loads of options on this parcel. Possible re-zoning might be achieved with the county of Hawaii planning department.
The state land use currently is Urban and the General Plan is High Density Urban. Current zoning is RD-3.75 which offers a multitude of options for this unique offering. A copy of Chapter 25 of the Hawaii County Code is provided in attachments for your review of property use possibilities.
If you are unaware of what the Opportunity Zone is, it would be wise to investigate as it is a dynamite new program encouraging investment with a very impactful tax incentive.