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    and Ala Ohia Cor Of Pukalani Rd Waimea, HI 96743

    For Sale
    Contact for pricing

    Prime Waimea commercial land, ideal for mixed-use development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 4.1-acre parcel, located at the corner of Pukalani Road and Ala Ohia in Waimea, Hawaii (zip code 96743), presents a unique investment opportunity. Situated in a highly desirable area, this level lot boasts 900 feet of frontage on Pukalani Road and an additional 250 feet on Ala Ohia Road. The property is zoned CV 7.5 Village Commercial, allowing for a variety of uses, including multifamily residential and commercial developments such as clinics, nursing homes, and daycares. Preliminary plans suggest the potential for up to nine six-plex buildings, totaling 54 units ranging from 790 to 1,000 square feet. The location offers unparalleled convenience, with proximity to supermarkets, shopping centers, educational institutions, and North Hawaii Community Hospital directly across the street. All major utilities are readily available, including Hawaiian Electric Light Company (electric), Hawaii County Department of Water Supply (water), and Waimea Wastewater Company, Inc. (sewer). Importantly, the property is located in FEMA Zone X, outside the 500-year flood plain. The APN is (3) 6-7-2-56. This is a rare opportunity to acquire a large, well-located commercial parcel in a thriving Hawaiian community.

    Property Features for and Ala Ohia Cor Of Pukalani Rd

    General Information

    Property type
    Land
    Lot Size
    178,596 SF

    HighLights

    • 900 feet of frontage on Pukalani Street, plus 250 feet on Ala Ohia Street.
    • Level topography.
    • Located in FEMA Zone X, outside the 500‑year floodplain.
    • Served by Hawaiian Electric Light Company.
    • Water service provided by Hawaii County Department of Water Supply.
    • Sewer service provided by Waimea Wastewater Company, Inc.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waimea
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.6631138
    Latitude
    20.0181008

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    FAQs

    What type of property is this?
    Land - Prime Waimea commercial land, ideal for mixed-use development.
    Where is this land located?
    The property is located at and Ala Ohia Cor Of Pukalani Rd Waimea, HI.
    What are key features of this property?
    This property features: 900 feet of frontage on Pukalani Street, plus 250 feet on Ala Ohia Street.; Level topography.; Located in FEMA Zone X, outside the 500-year floodplain.
    Request Owner's contact information
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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
    and Ala Ohia Cor Of Pukalani Rd Waimea, HI 96743
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