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    106 Laa St Unit Kahului, HI 96732

    For Sale
    $3,115,000

    1.43-acre lot, flexible zoning, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 1.43-acre property presents a unique investment opportunity in Kahului, Maui's central business district. Located at 106 Laa Street, Unit Lot 11, this parcel is zoned VMX-CR, offering unparalleled versatility for a diverse range of commercial and residential ventures. The flexible zoning allows for a seamless integration of light industrial, office, and retail spaces alongside single-family or multi-family residential development. This presents a rare chance to create a dynamic mixed-use project in a high-demand area. The strategic location within Central Maui ensures excellent accessibility and visibility, attracting a broad customer base and maximizing potential returns. The expansive 1.43-acre lot provides ample space for ambitious development plans, catering to a variety of business needs and residential preferences. This property is ideal for developers seeking to capitalize on Maui's thriving economy and create a thriving, multifaceted community hub. The potential for significant return on investment is substantial, making this a compelling opportunity for discerning investors. Serious inquiries are encouraged to explore the full potential of this remarkable property. The asking price is $3,115,000.

    Property Features for 106 Laa St Unit

    General Information

    Property type
    Other commercial real estate
    Lot Size
    62,291 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kahului
    County
    Maui
    State
    Hawaii
    Longitude
    -156.4957
    Latitude
    20.86562

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    FAQs

    What type of property is this?
    Commercial real estate - 1.43-acre lot, flexible zoning, prime location.
    Where is this commercial real estate located?
    The property is located at 106 Laa St Unit Kahului, HI.
    What is the asking price?
    The asking price for this property is $3,115,000.
    (808) 244-2200
    Request Owner's contact information
    106 Laa St Unit Kahului, HI 96732
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    Realmo Value Estimation

    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.

    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.

    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
    106 Laa St Unit Kahului, HI 96732
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