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    98 Lauo Loop Kahului, HI 96732

    For Sale
    $4,154,850

    Costco-adjacent, build-ready industrial lot.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2.27-acre commercial lot presents a rare opportunity in the thriving Maui Business Park Phase 2 North Project. Strategically located directly next to Costco Wholesale and Costco Gas, this property boasts unparalleled visibility and accessibility. Approved plans and permits are in place, eliminating significant pre-construction hurdles and expediting the development process. The existing plans detail a three-story, high-cube warehouse design, ideal for a mixed-use industrial/flex building. This versatile design allows for warehousing, office space, and even a restaurant component, catering to a diverse range of potential tenants. The lot offers 98,925 square feet of buildable space, with a sale price of $4,154,850, representing the lowest price per square foot in Phase 2 of the Maui Business Park. The property is zoned M-1 (light industrial), ensuring compliance and facilitating a smooth permitting process. Detailed plans are available for an additional cost, providing a comprehensive blueprint for immediate construction. This is an exceptional investment opportunity in a high-demand location with significant growth potential. The address is 98 Lau'o Loop, Kahului, HI 96732, and the Tax Map Key (TMK) is (2) 3-8-103-002:0000.

    Property Features for 98 Lauo Loop

    General Information

    Property type
    Other commercial real estate
    Lot Size
    98,881 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kahului
    County
    Maui
    State
    Hawaii
    Longitude
    -156.4486
    Latitude
    20.88603

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    FAQs

    What type of property is this?
    Commercial real estate - Costco-adjacent, build-ready industrial lot.
    Where is this commercial real estate located?
    The property is located at 98 Lauo Loop Kahului, HI.
    What is the asking price?
    The asking price for this property is $4,154,850.
    (808) 244-2200
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    98 Lauo Loop 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
    98 Lauo Loop Kahului, HI 96732
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