Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    5 Acres with Ocean Views Title is generated by Realmo AI

    2-56-1080 Kamehameha Hwy, Kahuku, HI 96731

    View on Map
    Claim this Listing
    For Sale
    $1,599,000

    Agricultural land near North Shore beaches with ocean and mountain views.

    Type:Land
    Lot size:
    5.00 Acres
    Added:
    Apr 1, 2026
    Days on Market:
    65
    Last Refresh:
    May 25 at 2:11 pm

    Property Features for 2-56-1080 Kamehameha Hwy

    General Information

    Standard status
    Active
    Lot size
    5.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Eric K Yamamoto

    Listing agent Eric K Yamamoto

    Listing office BHGRE Refined

    Listing date Apr 1, 2026

    Source Exprealty

    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 BHGRE Refined

    HighLights

    • Over 5 acres of land
    • Enjoy ocean and mountain views
    • Located near North Shore beaches
    • AG‑2 zoning
    • Part of a 5 parcel CPR called Kahuku Maluhia Estates
    • Garden and landscaping plans available

    Overview

    This is an opportunity to own over 5 acres of AG-2 zoned land with ocean and mountain views. The property is located near North Shore beaches, providing access to water activities, and is a short drive from Turtle Bay Golf Course. This parcel is part of a 5 parcel CPR called Kahuku Maluhia Estates, situated on a hillside off Kamehameha Highway. The property offers the potential for agribusiness, with garden and landscaping plans available to visualize potential uses.
    Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Kahuku
    County
    Honolulu
    State
    Hawaii
    Longitude
    -158.018868
    Latitude
    21.693376

    Nearby Similar for Sale

    • $28,800,000

      Oceanfront Land on Oahu North

      Pristine 170+ acre beachfront property with development potential.
      56-1081 Kamehameha Highway, Kahuku, HI 96731
      View Details
    • $28,800,000

      Beachfront Farm on Oahu North

      170-acre beachfront farm with development potential on Oahu's North Shore.
      56-1081 Kamehameha Highway, Kahuku, HI 96731
      View Details
    • $1,500,000

      Oceanfront Land on Oahu's North Shore

      Two acres of secluded oceanfront land near Turtle Bay.
      Kamehameha Highway lot: A2, Kahuku, HI 96731
      View Details
    • $14,000,000

      Kahuku Warehouse Units on AG-2 Land

      8 warehouse units on 6+ acres of AG-2 zoned land.
      56-1089 Kamehameha Highway Kahuku, HI 96731
      View Details
    • $1,599,000

      5 Acres with Ocean Views

      5+ acre AG-2 parcel near beaches and golf.
      56-1080 Kamehameha Highway #2, Kahuku, HI 96731
      View Details
    • $3,495,000

      Prime Corner Commercial Lot

      High-profile corner lot ideal for retail or office development.
      56-481 Kamehameha Highway #HM351, Kahuku, HI 96731
      View Details
    • $1,500,000

      Oahu Oceanfront Land Parcel

      Two acres of oceanfront land on Oahu's North Shore.
      Lot A2 Kamehameha Highway, Kahuku, HI 96731
      View Details
    • $14,000,000

      Agricultural Land in Marconi Point

      Agricultural land for sale in Kahuku's Marconi Point Development.
      56-1089 Kamehameha Highway #20-27, Kahuku, HI 96731
      View Details
    • $6,250,000

      Oahu North Shore Land Package

      Approximately 48 acres of agricultural land near resort amenities.
      601 Alexander Road, Kahuku, HI 96731
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - Agricultural land near North Shore beaches with ocean and mountain views.
    Where is this agricultural land / farmland located?
    The property is located at 2-56-1080 Kamehameha Hwy Kahuku, HI.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: Over 5 acres of land; Enjoy ocean and mountain views; Located near North Shore beaches
    (808) 348-1555
    We can help!
    Listing Contact
    Eric K Yamamoto
    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
    2-56-1080 Kamehameha Hwy, Kahuku, HI
    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!