Kailua-Kona Mixed-Use Development
75-5699 KOPIKO ST Kailua Kona, HI 96740
75-5699 KOPIKO ST, Kailua Kona, HI, 96740
$7,500,000
For Sale
$7,500,000
Two buildings totaling 25,770 SF on 1.38 acres.
Property Size25,770 SF
Lot Size1.38 Acres
Price / SF$291.04
Days on Market256
Property Features for 75-5699 KOPIKO ST
General Information
- Standard status
- Active
- Size
- 25,770 SF
- Lot size
- 1.38 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1983
Listing Agency
EXP REALTY
(808) 725-2794
Listed by
CANDIS STANSELL · License #RB-23072
Source
Corcoran
Added: Nov 6, 2025 Checked: Jul 19 at 4:41 am
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 EXP REALTY
Investment Insights
Based on property information with market context.
Located in downtown Kailua-Kona, this property features two buildings totaling 25,770 square feet on a 1.38-acre lot. Zoned CG-20, the site offers versatile opportunities for commercial development, retail, office spaces, or mixed-use projects. The location provides high visibility and easy access, suitable for businesses seeking a prominent presence in a vibrant commercial district. The zoning allows for a wide range of commercial uses, including gym, spa, medical, retail, offices, and restaurants. The property benefits from easy access from main thoroughfares and ample parking. It is situated in a bustling area with high foot traffic. The building is fully leased.
Key Highlights
- Prime downtown Kailua‑Kona location with high visibility and easy access.
- Large 25,770 sq. ft. property across two buildings on 1.38 acres.
- CG‑20 zoning allows for versatile commercial development, retail, office, or mixed‑use projects.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $850.4k | $33.00 |
| − Vacancy | −$55.3k | −$2.15 |
| EGI | $795.1k | $30.86 |
| − OpEx | −$238.5k | −$9.26 |
| NOI | $556.6k | $21.60 |
25,770 SF · lease $33.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$7.95M
$6.96M – $9.28M
NOI $556,593 @ 7.0% cap · market cap 7.42%
Second Best
Mixed Use
$6.95M
$6.08M – $8.11M
NOI $486,328 @ 7.0% cap · market cap 6.48%
Theoretical Best
Specialty Retail
$8.79M
$7.70M – $10.26M
NOI $615,635 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
SARAH ARNOTT
Physician
Club Rehab: Kailua ...
Medical Clinic
Kona Seafood Market
Specialty Food Shop
DARRIN HUTH
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two buildings totaling 25,770 SF on 1.38 acres.
Where is this mixed-use property located?
The property is located at 75-5699 KOPIKO ST Kailua Kona, HI.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Prime downtown Kailua‑Kona location with high visibility and easy access.; Large 25,770 sq. ft. property across two buildings on 1.38 acres.; CG‑20 zoning allows for versatile commercial development, retail, office, or mixed‑use projects.
