Building Details

Building Size 6,200 SF

Year Built 1975

Listing Agency: KW Big Island

Listed By: Chiaki Yamada · License #RB-23465,HAWAII Show Phone

Source: Deepbluehi

Added: Dec 12, 2025 Changed: Oct 4 Last Checked: Oct 4 at 6:18AM

Report an Issue

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 KW Big Island

Investment Insights

Based on property information with market context.

Key Highlights

• Mixed‑use property with retail, residential, and warehouse space provides diverse income streams
• High‑visibility location on Mamalahoa Highway, 0.8 miles from Waimea town center
• All units are currently leased, offering immediate income potential

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$133,911

Cap Rate

3.35%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,678,220 $2.7M

Cap Rate 7%

$1,913,014 $1.9M

Cap Rate 9%

$1,487,900 $1.5M

Market Conditions

NOI Build-Up for 6,200 SF

Gross rent

$204.6K $33.00/SF

− Vacancy

−$13.3K −$2.15/SF

EGI

$191.3K $30.86/SF

− OpEx

−$57.4K −$9.26/SF

NOI

$133.9K $21.60/SF

Area

Hawaii County, HI

Vacancy

6.50%

Lease Rate

$33.00 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$2,678,220

Cap Rate 7%

$1,913,014

Cap Rate 9%

$1,487,900

Alternative Uses

Best Use

Retail

$1.91M

$1.67M – $2.23M (±1% cap)

NOI $133,911 @ 7.0% cap · market cap 3.35%

Second Best

Mixed Use

$1.67M

$1.46M – $1.95M (±1% cap)

NOI $117,006 @ 7.0% cap · market cap 2.93%

Theoretical Best

Specialty Retail

$2.12M

$1.85M – $2.47M (±1% cap)

NOI $148,116 @ 7.0% cap · market cap 3.70%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Retail space

Location Intelligence

Demographics for 96743, HI

13,339

Population

6,690

Households

2

Avg Household Size

44

Median Age

42%

College-Educated

95%

High-School Grad

292.3 sq mi

ZIP Area

46

Density / Sq Mi

$98,177

Median Household Income

$51,000

Median Earnings

$2,023

Median Rent

$724,700

Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019

4.3% 2020

2.6% 2021

2.5% 2022

4.8% 2023

6.9% 2024

7.9% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties What are key features of this property?

Similar For Sale Nearby

Single-Level Residential Income Property

62-3600 AMAUI PLACE, Kamuela, HI 96743

$4,200,000

2,517 SF

View details

Renovated Office Condominium Suite

65-1235 OPELO RD #8, Kamuela, HI 96743

$315,000

477 SF

View details

Renovated Office Condominium Suite

8-65-1235 Opelo Rd, Kamuela, HI 96743

$315,000

477 SF

View details

Corner Office Suite with Parking

5-65-1241 Pomaikai Pl, Kamuela, HI 96743

$198,350

342 SF

View details

Office Unit with Covered Lanai

3-65-1241 Opelo Rd, Kamuela, HI 96743

$179,000

316 SF

View details

Frequently Asked Questions

Where is this mixed-use property located?

The property is located at 64-1013 MAMALAHOA HIGHWAY Kamuela, HI.

What is the asking price?

The asking price for this property is $3,999,000.

What are key features of this property?

This property features: Mixed‑use property with retail, residential, and warehouse space provides diverse income streams; High‑visibility location on Mamalahoa Highway, 0.8 miles from Waimea town center; All units are currently leased, offering immediate income potential