Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vacant Land in Fern Forest Title is generated by Realmo AI

    53 Makoa Road, Mountain View, HI 96771

    View on Map
    Claim this Listing
    For Sale
    $40,000

    Lightly wooded land near Volcanoes National Park.

    Type:Land
    Added:
    Feb 4, 2026
    Days on Market:
    119
    Last Refresh:
    Mar 13 at 1:49 pm

    Property Features for 53 Makoa Road

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Grace Reinhard

    Listing agent Grace Reinhard License #RS-78134

    Listing office Coldwell Banker Island Properties - Hilo

    Listing date Feb 4, 2026

    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 Coldwell Banker Island Properties - Hilo

    HighLights

    • Vacant land in Hawaii: own property in a desirable location.
    • Convenient access to Highway 11 and close to a paved road.
    • Located in Fern Forest Vacation Estates.
    • Proximity to Hawaii Volcanoes National Park (approximately 12 miles).
    • Opportunity to build a custom home.
    • Higher elevation and cooler climate.

    Overview

    This lightly wooded vacant land is located in Fern Forest Vacation Estates, offering convenient access to Highway 11 and proximity to a paved road. The property is situated approximately 12 miles from Hawaii Volcanoes National Park. The location provides a higher elevation and cooler climate. The town of Volcano, with its shopping, dining, farmers market, golf, wine tasting, and other attractions, is nearby.
    Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Mountain View
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.087
    Latitude
    19.5387

    Nearby Similar for Sale

    • $695,000
      3,264 SF

      Spacious Investment Property in Mountain View

      High-income potential on a large lot near Hilo.
      17-733 ALA LOOP, Mountain View, HI 96771
      View Details
    • $469,500
      1,352 SF

      Mountain View Income Property

      Income-producing property near Volcano Highway and North Kulani Road.
      17-7652 KULANI RD, Mountain View, HI 96771
      View Details
    • $59,000

      Two Acre Rainforest Lot

      Two acre lot in Fern Acres near Keaau.
      PLUMERIA ST, Mountain View, HI 96771
      View Details
    • $55,000

      Three Acres on Uau Road

      Three acre lot suitable for agriculture or residential development.
      16-1223 ROAD 5 (UAU), Mountain View, HI 96771
      View Details
    • $24,000

      Lush Forest Land in Mountain View

      One acre of land in a lush, peaceful setting.
      NAIA ST, Mountain View, HI 96771
      View Details
    • $65,000

      Two-Acre Parcel in Fern Acres

      Two-acre parcel in Fern Acres subdivision of Mountain View, Hawaii.
      HIBISCUS ST, Mountain View, HI 96771
      View Details
    • $500,000

      Vacant Land in Mountain View

      Large vacant lot with great potential in Mountain View, HI.
      Huina Road, Mountain View, HI 96771
      View Details
    • $545,000

      Land in Mountain View, HI

      16.5 acre lot near Hilo with easy highway access.
      ENOS RD, Mountain View, HI 96771
      View Details
    • $39,500

      Eden Roc Vacant Land

      One-acre lot in Eden Roc, lush surroundings, endless potential.
      Puna Wai Ave, Mountain View, HI 96771
      View Details
    • $109,000

      One Acre Corner Lot

      One-acre corner lot with partially completed structure and water catchment.
      11-1880 AHIUKAU ST, Mountain View, HI 96771
      View Details
    • $110,000

      Equestrian Farm on 3 Acres

      3-acre equestrian farm with rich soil and mature landscaping.
      16-2089 O O A A RD, Mountain View, HI 96771
      View Details
    • $75,000

      3 Acres in Hawaiian Acres

      3-acre lot on paved road, convenient location, build your dream.
      ROAD 1 (UHINI ANA), Mountain View, HI 96760
      View Details

    FAQs

    What type of property is this?
    Land - Lightly wooded land near Volcanoes National Park.
    Where is this land located?
    The property is located at 53 Makoa Road Mountain View, HI.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: Vacant land in Hawaii: own property in a desirable location.; Convenient access to Highway 11 and close to a paved road.; Located in Fern Forest Vacation Estates.
    (808) 345-6227
    We can help!
    Listing Contact
    Grace Reinhard
    Real Estate License ID: RS-78134
    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
    53 Makoa Road, Mountain View, HI 96771
    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!