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    62 Laa St Unit Kahului, HI 96732

    For Sale
    $989,000

    0.45-Acre Lot, $989,000

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 0.45-acre lot presents a unique investment opportunity in Kahului, Maui's central business district. Located at 62 Laa Street, Unit Lot 17, the property is zoned VMX-CR, offering remarkable flexibility for a diverse range of commercial ventures. The VMX-CR zoning designation permits a variety of uses, seamlessly blending light industrial, office, and retail spaces with the potential for single-family or multi-family residential development. This zoning flexibility allows for creative development strategies, catering to a broad spectrum of business needs and maximizing return on investment. The strategic location within Central Maui ensures high visibility and accessibility, providing convenient access to major transportation routes and a thriving local economy. This property is ideal for entrepreneurs seeking a versatile space to establish their business or for investors looking to capitalize on the dynamic growth of the Kahului area. The substantial lot size provides ample room for expansion and future development, making it an attractive proposition for long-term growth and profitability. This is a rare opportunity to acquire a mixed-use property in a prime location with significant potential for diverse commercial and residential applications. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The asking price is $989,000.

    Property Features for 62 Laa St Unit

    General Information

    Property type
    Other commercial real estate
    Lot Size
    19,602 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kahului
    County
    Maui
    State
    Hawaii
    Longitude
    -156.4987
    Latitude
    20.86648

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    FAQs

    What type of property is this?
    Commercial real estate - 0.45-Acre Lot, $989,000
    Where is this commercial real estate located?
    The property is located at 62 Laa St Unit Kahului, HI.
    What is the asking price?
    The asking price for this property is $989,000.
    (808) 244-2200
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    62 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
    62 Laa St Unit Kahului, HI 96732
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