Former Bank Building in
81-6644 HAWAII BELT RD Kealakekua, HI 96750
81-6644 HAWAII BELT RD, Kealakekua, HI, 96750
$850,000
For Sale
$850,000
Former bank building with upgraded septic and paved parking.
Property Size1,968 SF
Price / SF$431.91
Days on Market317
Property Features for 81-6644 HAWAII BELT RD
General Information
- Standard status
- Active
- Size
- 1,968 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing agency
KONA COAST REALTY CORPORATION
(808) 329-2991
Listed by
SUSAN S. ARONSON
Source
Corcoran
Added: Sep 8, 2025 Updated: Jul 10 at 12:57PM Checked: Jul 21 at 5:13AM
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 KONA COAST REALTY CORPORATION
Investment Insights
Based on property information with market context.
The property is a former American Savings Bank building located in Kealakekua. The 1968 square foot building has possibilities for various uses and businesses. It features an upgraded septic system and lots of paved parking. The building is currently vacant.
Key Highlights
- Upgraded septic system
- Lots of paved parking
- Former American Savings Bank building
Local Financial Insights For Specialty 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 | $66.1k | $33.60 |
| − Vacancy | −$3.4k | −$1.75 |
| EGI | $62.7k | $31.85 |
| − OpEx | −$15.7k | −$7.96 |
| NOI | $47.0k | $23.89 |
1,968 SF · lease $33.60/SF/yr · vacancy 5.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$671.6K
$587.7K – $783.6K
NOI $47,015 @ 7.0% cap · market cap 5.53%
Second Best
Retail
$607.2K
$531.3K – $708.4K
NOI $42,506 @ 7.0% cap · market cap 5.00%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Banks
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Former bank building with upgraded septic and paved parking.
Where is this bank located?
The property is located at 81-6644 HAWAII BELT RD Kealakekua, HI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Upgraded septic system; Lots of paved parking; Former American Savings Bank building
