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JOhn A. Wagner and Charlene lboshl for Change of Zone
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<br /> incentives, tax incentives, high technology businesses training programs,job placement and training
<br /> systems, and employer training grants.
<br /> Finally,the University of Hawaii at Hilo is perennially expanding its programs and offerings,
<br /> recently adding several new science and technology developments, including the Mauna Kea Astronomy
<br /> Education Center, the Pacific Basin Agricultural Research Center, and the U.S. Forest Service Institute
<br /> of Pacific Islands Forestry research laboratory. These expansions and others have prompted several
<br /> observers to view Hilo as a thriving university town with all the usual accompanying opportunities,
<br /> resources and offerings.
<br /> 25. Land Values
<br /> For tax assessment purposes, according to the Hawaii County Real Property Tax website, land
<br /> values of residentially-zoncd parcels in the immediate area range from$207,000 (TMK No. (3) 2-4-056-
<br /> 002, 1.'!4224 acres, immediately ,vcst of, and adjacent to, the Subject Property)to $217,400 (Ti'4K No.
<br /> (3)2-2-024-0210, 19,908 sq. ft„ immediately south of, and adjacent to, the Subject Property). The
<br /> Subject Property, with 19,295 square feet,has a land value of$215,000.
<br /> Tax assessed land values of commercially-zoned parcels in the immediate area range from;
<br /> $354,000 (TMK No. (3) 2-2-023-009, 29,725 sq. ft., immediately north of the Subject Property across
<br /> Lono Street)to $340,200 (TMK(3)2-2-024-008, 26,770 sq. ft., immediately east of the Subject
<br /> rr Property across Kino'ole Street).
<br /> Surrounding Lands:
<br /> 26. Land Use
<br /> The surrounding areas are, for the most part, residential and commercial, both neighborhood and
<br /> general. Area businesses include: Big Island Federal Credit Union(TMK No. (3) 2-2-023-007, 66 Lono
<br /> Street); Kamana Senior Center(TMK No. (3) 2-4-056-019, 127 Kamana Street); Kino'ole Medical
<br /> Center(TMK No. (3) 2-2-023-010, 1248 Kino'ole Street); Dr. Yamashita's Office (TMK No (3) 2-2-
<br /> 023-009, 1276 Kino'ole Street); the ILWU Local Hawaii Division(TMK No. (3) 2-4-056-001, 100
<br /> West Lanikaula Street); the Arc of Hilo (TMK Nos. (3) 2-4-056-002 and 024, 1303 and 1305 Ululani
<br /> Street)and the Liberty Dialysis Hilo (TMK No. (3)2-2-025-022, 1384 Kino'ole Street),
<br /> 27. Zoning
<br /> The immediately surrounding lots are zoned Residential, minimum building site 10,000 square
<br /> feet(RS-10),Neighborhood Commercial, minimum building sites of 10,000 square feet(CN-10) and
<br /> 20,000 square feet(CN-20); and General Commercial,minimum building sites of 7,500 square feet
<br /> (CG-7.5), 10,000 square feet(CG-10) and 20,000 square feet(CG-20).
<br /> Lot sizes in the immediate vicinity range between 10,000 sq. ft. (TMK No. (3) 2-2-024-004,
<br /> 1331 Kino'ole Street) and 2.1152 acres (TMK No. (3) 2-2-025-022, 1384 Kino'ole Street). Most of the
<br /> lots immediately surrounding and across from the Subject Property are just shy of V2 acre.
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