Wailuku Redevelopment
For Sale
$589,000
1987 Olu Dr, Wailuku, HI 96793
Rare opportunity for residential, commercial, or mixed-use development in Wailuku.
Property SizeContact for details
Days on Market389
Property Features for 1987 Olu Dr
General Information
Standard status
Active
Property subtype
Land or Vacant Lot
Listing Agency:
COMMERCIAL PROP OF MAUI LLC
(808) 244-2200
Listed By:
MOE A. SEARS RB-20115
Source:
Corcoran
Added: Jul 18, 2025
Changed: Aug 8
Last Checked: Jul 16 at 7:36AM
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 COMMERCIAL PROP OF MAUI LLC
Investment Insights
Based on property information with market context.
This property, located at 1987 Olu Drive in Wailuku, Hawaii, presents a rare redevelopment opportunity. It is part of a combined sale with the adjacent property at 158 Market Street, totaling 9,311 square feet. The zoning allows for residential, commercial, or mixed-use development. Situated in the Wailuku Redevelopment Zone, the location offers a walkable and vibrant community. The combined asking price for both properties is $589,000. The lot at 158 Market Street is 6,495 square feet with TMK (2) 3-4-017-021, and the lot at 1987 Olu Drive is 2,816 square feet with TMK (2) 3-4-017-022.
Key Highlights
- Combined sale of two adjacent properties totaling 9,311 SF.
- Located in the Wailuku Redevelopment Zone.
- Zoning allows for residential, commercial, or mixed‑use development.
Property Analytics
Property Profile
Current Use
Location Intelligence
Demographics for 96793, HI
31,939
Population
11,510
Households
2.8
Avg Household Size
41
Median Age
29%
College-Educated
94%
High-School Grad
76.1 sq mi
ZIP Area
420
Density / Sq Mi
$104,220
Median Household Income
$47,026
Median Earnings
$1,797
Median Rent
$776,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Rare opportunity for residential, commercial, or mixed-use development in Wailuku.
Where is this commercial land located?
The property is located at 1987 Olu Dr Wailuku, HI.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Combined sale of two adjacent properties totaling 9,311 SF.; Located in the Wailuku Redevelopment Zone.; Zoning allows for residential, commercial, or mixed‑use development.
