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    82-6115 Hawaii Belt Rd Captain Cook, HI 96704

    For Sale
    $1,499,000

    3.36 acres commercial, 3.7 acres agricultural land with ocean views.

    Property Features for 82-6115 Hawaii Belt Rd

    General Information

    Standard status
    Active

    Source: ALOHA SOTHEBY'S INTL REALTY - HAWAI'I Agent BRIAN AXELROD

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Captain Cook Commercial/Agricultural Land

    Located in the Captain Cook region, this property offers a blend of commercial and agricultural opportunities. The site includes 3.36 acres of commercially zoned land along the highway and over 3.7 acres of agricultural land. The property has tentative approval for a 7-lot subdivision. The location is suited for agritourism, with potential for mixed-use commercial activities on the front side and a coffee farm or farm estate on the back side. The property offers ocean views. Existing structures include a workshop, a single-family home with 2 bedrooms and 1 bathroom, and the old Kona Theater building, where a fruit stand currently operates. A former gas station is also present, with tanks removed. The buildings are being sold 'as is.' The property is zoned CN-7.5 and has fee simple land tenure. There are 7 water meters available to this property.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Captain Cook
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.811
    Latitude
    19.3333

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    FAQs

    What type of property is this?
    Commercial land - 3.36 acres commercial, 3.7 acres agricultural land with ocean views.
    Where is this commercial land located?
    The property is located at 82-6115 Hawaii Belt Rd Captain Cook, HI.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: - Tentative approval for a 7-lot subdivision offers immediate development potential.; - Combination of 3.36 acres of commercially zoned land and 3.7 acres of agricultural land provides diverse usage options.; - Seven water meters are available to the property.
    (808) 885-8885
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    Realmo Value Estimation

    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.

    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.

    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
    82-6115 Hawaii Belt Rd Captain Cook, HI 96704
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