Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    123 Queen Ka'ahumanu Hwy Kailua-Kona, HI 96740

    For Sale
    $15,000,000

    24-acre commercial/industrial lot, Kona, HI

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 24.217-acre parcel in Kailua-Kona, Hawaii, presents a unique investment opportunity. Located at 123 Queen Ka'ahumanu Hwy, 96740, this property boasts MCX-20 zoning, permitting a wide range of commercial and industrial uses. The land is situated in an opportunity zone, offering significant tax advantages, and enjoys prime visibility along a major thoroughfare with immediate access to Kona International Airport. The site benefits from existing infrastructure, including completed and dedicated roads, a fully signalized intersection, and utilities stubbed to the property. A conceptual plan has already been developed, streamlining the development process. This well-located parcel is poised to capitalize on the growth of surrounding retail and healthcare developments. The property is also easily divisible, offering flexibility for potential buyers. The asking price is $15,000,000. The APN is 3-7-4-008-099. This is a rare opportunity to acquire a large, entitled parcel in a supply-constrained market.

    Property Features for 123 Queen Ka'ahumanu Hwy

    General Information

    Property type
    Land
    Lot Size
    1,054,893 SF

    HighLights

    • Entitled 24.217‑acre parcel with a graded pad, utilities, and a conceptual plan by Ware Malcomb.
    • Water and electrical utilities stubbed to the property.
    • Completed roads dedicated to the County.
    • Fully signalized intersection off Queen Ka'ahumanu Highway.
    • High visibility and frontage along Queen Ka'ahumanu Highway.
    • MCX‑20 zoning allows for diverse commercial and industrial uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kailua-Kona
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.9689029
    Latitude
    19.8150186

    Nearby Comparable

    • Contact for pricing
      1.50 Acres

      Kona Agricultural Land for Sale

      Hawaii Highway Frontage Lots
      0 Queen Ka'ahumanu Hwy, Kailua-Kona, HI 96740
      View Details
    • Contact for pricing
      145.54 Acres

      Honokohau Nui Commercial Land

      145 Acres, Kailua-Kona, Hawaii
      0 Queen Ka'ahumanu Hwy, Kailua-Kona, HI 96740
      View Details
    • New
      $1,675,000

      Updated Multi-Family Income Property

      Two updated homes with ocean views in Kailua Kona.
      73-1153 Ahikawa St, Kailua Kona, HI 96740
      View Details
    • New
      $1,675,000
      3,930 SF

      Updated Multi-Family Income Property

      Two updated homes on one lot with ocean views.
      73-1153 Ahikawa St, Kailua Kona, HI 96740
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      4,944 SF

      Kailua-Kona Retail Space - 4,944 SF

      High-visibility retail space in prime Kona location.
      75-1006 Henry St, Kailua-Kona, HI 96740
      View Details

    FAQs

    What type of property is this?
    Land - 24-acre commercial/industrial lot, Kona, HI
    Where is this land located?
    The property is located at 123 Queen Ka'ahumanu Hwy Kailua-Kona, HI.
    What is the asking price?
    The asking price for this property is $15,000,000.
    What are key features of this property?
    This property features: Entitled 24.217-acre parcel with a graded pad, utilities, and a conceptual plan by Ware Malcomb.; Water and electrical utilities stubbed to the property.; Completed roads dedicated to the County.
    Request Owner's contact information
    123 Queen Ka'ahumanu Hwy Kailua-Kona, HI 96740
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    123 Queen Ka'ahumanu Hwy
    Kailua-Kona, HI 96740
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    123 Queen Ka'ahumanu Hwy Kailua-Kona, HI 96740
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.