Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ready-to-Build Lot in Pahoa Title is generated by Realmo AI

    12-7136 Lot 98 Kalaunu Street, Pahoa, HI 96778

    View on Map
    Claim this Listing
    For Sale
    $165,000

    Cleared lot with building pad near Kehena black sand beach.

    Type:Land
    Added:
    Dec 22, 2025
    Days on Market:
    166
    Last Refresh:
    Mar 13 at 2:52 pm

    Property Features for 12-7136 Lot 98 Kalaunu Street

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Shawn L Scarcella

    Listing agent Shawn L Scarcella License #RS-85874

    Listing office Red Road Realty

    Listing date Dec 22, 2025

    Source Compass

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Red Road Realty

    HighLights

    • Cleared and leveled building pad with red cinder ready for your vision.
    • Building permit previously issued and available for resubmission, saving you time.
    • Septic tank hole already dug.
    • Located in a desirable neighborhood with a strong sense of community.
    • Short walk to Kehena Black Sand Beach.
    • Lush tropical landscaping with exotic fruit trees and palms.

    Overview

    This ready-to-build lot is located in a neighborhood in lower Puna. The property has been cleared, and red cinder has been spread and leveled to create a building pad. A building permit, issued in 2014, is available to resubmit to the county. A large hole has been dug for a septic tank. Exotic fruit trees and palms line the perimeter of the property. The black sand beach, Kehena, is a short distance away. Activities and classes such as yoga, meditation, and dance are available in the area.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Pahoa
    County
    Hawaii
    State
    Hawaii
    Longitude
    -154.928678
    Latitude
    19.400742

    Nearby Similar for Sale

    • $165,000
      600 SF

      Organically Cultivated Sanctuary in Pahoa

      Boutique retreat with gardens, yoga temple, and artistic water urn.
      MAPUANA AVE lot: 155, Pahoa, HI 96778
      View Details
    • $775,000
      4,602 SF

      Spacious Family Home in Pahoa

      Large two-story home in Pahoa Village, ideal for families.
      15-1485 POST OFFICE RD, Pahoa, HI 96778
      View Details
    • $11,198

      Lush Tropical Lot Near Pahoa

      Private lot near downtown Pahoa with community amenities.
      FOREST RD, Pahoa, HI 96778
      View Details
    • $1,100,000

      Pahoa Ranch Opportunity

      Well-established ranch in Pahoa, impeccably maintained and thoughtfully designed.
      15-1076 MIDDLE ROAD, Pahoa, HI 96778
      View Details
    • $20,000

      Ready-to-Build Land in Pahoa, HI

      Land with permits ready for immediate construction in Pahoa.
      MOLOKAI RD, Pahoa, HI 96778
      View Details
    • $10,000

      Land Near Community Center

      Spacious lot near community center, perfect for building a home.
      MAYZEE RD, Pahoa, HI 96778
      View Details
    • $169,000

      Coastal Land in Waa Waa

      1.86 acres in Waa Waa with ocean view potential.
      GOVERNMENT BEACH RD, Pahoa, HI 96778
      View Details
    • $9,200

      Corner Lot in Nanawale Estates

      Lush corner lot near Pahoa town, ideal for island home.
      LEHUA RD, Pahoa, HI 96778
      View Details
    • $12,000

      Corner Lot in Nanawale Estates

      Corner lot near community center with pool and playground.
      MOLOKAI RD, Pahoa, HI 96778
      View Details
    • $69,000

      Pahoa Vacant Land Opportunity

      Residential lot near Pahoa town, ideal for building or investment.
      Japanese Camp Rd, Pahoa, HI 96778
      View Details
    • $450,000
      1,544 SF

      Pahoa Income Property For Sale

      One-acre property with two houses, generating rental income.
      14-3276 PUALAA RD, Pahoa, HI 96778
      View Details
    • $295,000

      Private Wooded Land Parcel

      5.04 acre AG-1A zoned property near highway.
      PAHOA RD, Pahoa, HI 96778
      View Details

    FAQs

    What type of property is this?
    Land - Cleared lot with building pad near Kehena black sand beach.
    Where is this land located?
    The property is located at 12-7136 Lot 98 Kalaunu Street Pahoa, HI.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: Cleared and leveled building pad with red cinder ready for your vision.; Building permit previously issued and available for resubmission, saving you time.; Septic tank hole already dug.
    (808) 765-4477
    We can help!
    Listing Contact
    Shawn L Scarcella
    Real Estate License ID: RS-85874
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    12-7136 Lot 98 Kalaunu Street, Pahoa, HI 96778
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!