Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Kapaa Vacant Commercial Land Title is generated by Realmo AI

    4588-A HALEILIO RD, Kapaa, HI 96746

    View on Map
    Claim this Listing
    For Sale
    $555,000

    LAND - Kapaa, HI

    Lot size:
    0.39 Acres
    Added:
    Apr 22, 2026
    Days on Market:
    31
    Last Refresh:
    May 22 at 11:06 am

    Property Features for 4588-A HALEILIO RD

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    C-N
    Standard status
    Active
    APN
    4410060540000
    Lot size
    0.39 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    4016

    Utilities

    Utilities
    Water Available
    Water source
    Public

    We can help!

    Listing Contact
    Yelena Okhman
    Yelena Okhman

    Listing agent Yelena Okhman License #72677

    Listing office RE/MAX Kauai - Princeville Office P. O. Box 223609, Princeville, HI

    Listing date Apr 22, 2026

    MLS# 729061 Listing URL

    Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Vacant land zoned C‑N commercial neighborhood
    • Walking distance to the beach, restaurants, and town
    • Great opportunity for building several homes
    • Water Available
    • Public Water Source
    • Priced to sell fast

    Overview

    This vacant land is zoned C-N commercial neighborhood. It presents an opportunity for building several homes, subject to buyer's due diligence with the county departments. The property is located within walking distance to the beach, restaurants, and town. The lot size is 0.3891 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Kapaa
    County
    Kauai
    State
    Hawaii
    Longitude
    -159.333787
    Latitude
    22.053193

    Nearby Similar for Sale

    • $747,000

      One Acre Buildable Agricultural Land

      One-acre lot in Wailua Farms, buildable with multiple uses.
      KIPAPA RD lot: 159-A-1, Kapaa, HI 96746
      View Details
    • $727,000

      Wailua Farms Estate Opportunity

      1.07-acre lot with mountain views near beaches and markets.
      KIPAPA RD lot: 159-A-3, Kapaa, HI 96746
      View Details
    • $747,000

      Kapaa Vacant Land Opportunity

      One-acre lot in Wailua Farms, buildable and ready for development.
      Kipapa Rd Lot 159-A-1, Kapaa, HI 96746
      View Details
    • $525,000

      Lush Agricultural Land in Kapaa

      33,106 sqft agricultural land ideal for homesteading or farming.
      PUUOPAE RD, Kapaa, HI 96746
      View Details
    • $1,399,999
      2,718 SF

      Kapaa Multi-Family Opportunity

      Two homes on a quarter acre in Kapaa, Hawaii.
      4806 IIWI RD, Kapaa, HI 96746
      View Details
    • $2,250,000

      5 Acres Land with Mountain Views

      Rare opportunity to own level, cleared land with mountain views.
      KAMALU RD, Kapaa, HI 96746
      View Details
    • $549,000

      Land with Waiale'ale View

      Nearly half-acre lot with stunning mountain and valley views.
      6546-D KUAMOO RD, Kapaa, HI 96746
      View Details
    • $539,000

      Kauai Land with Stream Frontage

      Almost one acre of land with stream frontage in Kapaa.
      6546-D KUAMOO RD, Kapaa, HI 96746
      View Details
    • $4,500,000

      Waipouli Land with Waterfall

      37 acre property with waterfall, fruit trees, and gazebos.
      HAUIKI RD, Kapaa, HI 96746
      View Details
    • $1,399,999

      Kapaa Multi-Family Opportunity

      Two standalone homes in Kapaa, ideal for multi-gen living.
      4806 Iiwi Road, Kapaa, HI 96746
      View Details
    • $770,000
      1,925 SF

      Oceanside Center Commercial Condo Unit

      Commercial/industrial condo unit in Kapaa, Kauai with parking.
      4525 AKIA RD #3, Kapaa, HI 96746
      View Details
    • $770,000
      1,925 SF

      Kapaa Commercial/Industrial Condo Unit

      Commercial/industrial condo unit with parking in Kapaa, Kauai.
      4525 AKIA RD #6, Kapaa, HI 96746
      View Details

    FAQs

    What type of property is this?
    Commercial land - Vacant land near beach, restaurants, and town.
    Where is this commercial land located?
    The property is located at 4588-A HALEILIO RD Kapaa, HI.
    What is the asking price?
    The asking price for this property is $555,000.
    What are key features of this property?
    This property features: Vacant land zoned C‑N commercial neighborhood; Walking distance to the beach, restaurants, and town; Great opportunity for building several homes
    (808) 635-6552
    We can help!
    Listing Contact
    Yelena Okhman
    Yelena Okhman
    Real Estate License ID: 72677
    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
    4588-A HALEILIO RD, Kapaa, HI 96746
    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!