Former Bank Building with
For Sale
$850,000
81-6644 Mamalahoa Hwy, Kealakekua, HI 96750
Vacant former American Savings Bank building with upgraded septic system and lots of paved parking.
Property Size1,968 SF
Price / SF$431.91
Days on Market433
Property Features for 81-6644 Mamalahoa Hwy
General Information
Standard status
Active
Size
1,968 SF
Taxes and HOA fees
Annual Taxes
$9,578
Listing Agency:
Kona Coast Realty Corporation
(808) 329-2991
Listed By:
Susan S. Aronson
(808) 960-6969
Source:
Exprealty
Added: Aug 27, 2025
Changed: Oct 25
Last Checked: Nov 1 at 7:06AM
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
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Investment Insights
Based on property information with market context.
This vacant former American Savings Bank building offers flexibility for a variety of business uses. The property includes an upgraded septic system and lots of paved parking to support on-site operations.
The building is located at 81-6644 Mamalahoa Hwy in Kealakekua, HI and is presented for sale. With on-site parking and updated septic infrastructure, the space may be appropriate for buyers seeking an adaptable commercial facility.
For showings and to review potential use cases, contact the listing broker from the call list.
The building is located at 81-6644 Mamalahoa Hwy in Kealakekua, HI and is presented for sale. With on-site parking and updated septic infrastructure, the space may be appropriate for buyers seeking an adaptable commercial facility.
For showings and to review potential use cases, contact the listing broker from the call list.
Key Highlights
- Vacant former American Savings Bank building in Kealakekua
- Upgraded septic system
- Lots of paved parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,015
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$940,300
$940.3K
Cap Rate 7%
$671,643
$671.6K
Cap Rate 9%
$522,389
$522.4K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$66.1K $33.60/SF
− Vacancy
−$3.4K −$1.75/SF
EGI
$62.7K $31.85/SF
− OpEx
−$15.7K −$7.96/SF
NOI
$47.0K $23.89/SF
Area
Hawaii County, HI
Vacancy
5.20%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$940,300
Cap Rate 7%
$671,643
Cap Rate 9%
$522,389
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Demographics for 96750, HI
3,806
Population
1,220
Households
3.1
Avg Household Size
47
Median Age
28%
College-Educated
89%
High-School Grad
19.8 sq mi
ZIP Area
192
Density / Sq Mi
$86,293
Median Household Income
$42,024
Median Earnings
$1,076
Median Rent
$613,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Bank - Vacant former American Savings Bank building with upgraded septic system and lots of paved parking.
Where is this bank located?
The property is located at 81-6644 Mamalahoa Hwy 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: Vacant former American Savings Bank building in Kealakekua; Upgraded septic system; Lots of paved parking
