Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Opae St Pahoa, HI 96778

    Sponsored
    For Sale
    $32,000

    LAND - Pahoa, HI

    Lot size:
    0.28 Acres
    Days on Market:
    59
    Last Refresh:
    Jan 21 at 12:06 pm

    Property Features for Opae St

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Zoning
    A-1A
    APN
    3150860870000
    Lot size
    0.28 Acres

    Utilities

    Utilities
    Electricity Available
    Water source
    Private

    We can help!

    Listing Contact
    Peter Prentiss

    eXp Realty, LLC (808) 384-5645 [email protected]

    Listing agent Peter Prentiss (808) 215-4527

    Listing date Nov 24, 2025

    MLS# 725854 Listing URL

    Copyright © 2025 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Land in Hawaiian Beaches

    Three adjacent lots in Hawaiian Beaches are available for sale together, offering a rare opportunity to own side-by-side parcels in the Hawaiian Beaches community. Two lots are located on N Opae and one on N Oopu, combining for a total of just over 0.8 acres, situated a little more than 0.5 miles from the Pacific Ocean. The land includes paved, well-maintained roads, grid power, mail service, and piped water from Hawaiian Beaches Water Company, eliminating the need for catchment. The property features lush native rainforest vegetation, including ohia, awapuhi ginger, palms, ferns, orchids, mango, guava, and coconut trees. Development possibilities include building three separate residences, creating a private primary home with a detached guest house and a long driveway connecting to N Oopu, designing a spacious yard or secluded retreat with separate hales, developing three rental homes for investment, or establishing a family or friends' compound. Located close to Kahakai Boulevard and minutes from Pahoa town and Puna Kai Shopping Center, residents can enjoy easy access to dining, shopping, and everyday services. Outdoor activities are plentiful with nearby ocean adventures, hiking trails, scenic lookouts, and farmers markets. The three lots, identified as TMK 3-1-5-86-87, TMK 3-1-5-86-88, and TMK 3-1-5-86-112, are to be sold together.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Pahoa
    County
    Hawaii
    State
    Hawaii
    Longitude
    -154.8955017
    Latitude
    19.55713459

    Nearby Similar for Sale

    • $95,000
      0.18 Acres

      Improved Land in Kalapana Seaview

      Farm property with mature fruit trees and edible plants.
      Mapuana Ave, Pahoa, HI 96778
      View Details
    • $89,000
      0.18 Acres

      Improved Land in Kalapana Seaview

      Farm property with mature fruit trees and edible plants.
      Mapuana Ave, Pahoa, HI 96778
      View Details
    • $65,000
      0.18 Acres

      Improved Lot in Kalapana Seaview

      Land with fruit trees in coastal Kalapana Seaview Estates.
      Koaekea St, Pahoa, HI 96778
      View Details
    • $522,000
      1,544 SF

      Income Property with Subdivision Potential

      Three rental units on one acre with subdivision potential.
      14-3276 Pualaa Rd, Pahoa, HI 96778
      View Details
    • $522,000

      Income Property with Subdivision Potential

      Three rental units on one acre near Pahoa, Hawaii.
      14-3276 Pualaa Rd, Pahoa, HI 96778
      View Details
    • $30,000

      Hawaii Food Forest Opportunity

      Stunning food forest in Pahoa, Big Island, with diverse plants.
      14-3379 Pakalana Rd, Pahoa, HI 96778
      View Details
    • $450,000

      Opihikao 5-Acre Fenced Property

      Cleared 5-acre lot with mature fruit trees in Opihikao.
      Kamaili Rd, Pahoa, HI 96778
      View Details
    • $350,000

      Pahoa Village Retail Building

      Prime Pahoa location, two units, mountain views.
      15-2950 Pahoa Village Rd, Pahoa, HI 96778
      View Details
    • $549,000

      Pahoa Village Road Commercial Building

      Prime Pahoa Retail Space - Huge Potential
      15-2931 Pahoa Village Rd, Pahoa, HI 96778
      View Details

    FAQs

    What type of property is this?
    Land - Three adjacent lots near the Pacific Ocean for sale.
    Where is this land located?
    The property is located at Opae St Pahoa, HI.
    What is the asking price?
    The asking price for this property is $32,000.
    What are key features of this property?
    This property features: - Three adjacent lots totaling over 0.8 acre, providing ample space and development flexibility.; - Piped water from Hawaiian Beaches Water Company; no catchment required.; - Located in Hawaiian Beaches, less than 0.5 mile from the Pacific Ocean.
    (808) 215-4527
    Request Owner's contact information
    Opae St Pahoa, HI 96778
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Opae St
    Pahoa, HI 96778
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Opae St Pahoa, HI 96778
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Peter Prentiss
    (808) 215-4527
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.