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    Maalaea Rd Wailuku, HI 96793

    For Sale
    Contact for pricing

    Prime Maui Commercial Lots Available

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional commercial land opportunity in Maalaea Harbor Village, Maui, Hawaii. These pad sites, ranging from 31,282 to 53,130 square feet, are ideally situated between Wailea and Kaanapali, benefiting from high visibility and access on Honoapiilani Highway. The location boasts proximity to Maui Ocean Center, a major tourist attraction drawing approximately 440,000 annual visitors, as well as other established businesses including Starbucks, Carl's Jr., and a 76 Gas Station. The lots are part of a subdivision with a shared parking lot generating income for owners, and utilities are stubbed to the site. A master SMA permit is in place, simplifying development. Zoned for commercial use, these pads are suitable for various ventures, including restaurants (drive-thru or full-service), retail, offices, or service headquarters. The potential for urgent care or condo services is also strong, given the high concentration of approximately 565 resort and residential condominiums within a one-mile radius. Individual parcels can be further subdivided via CPR if needed. Pad sizes and prices vary

    Property Features for 0 Maalaea Rd

    General Information

    Property type
    Land

    HighLights

    • 2.8‑acre commercially zoned parcel available for $4,628,200 ($35/SF).
    • Lot is divisible via CPR into smaller parcels.
    • Located within the Maalaea Harbor Village Commercial Subdivision.
    • Adjacent to a new Starbucks location.
    • Income‑generating shared parking area.
    • Utilities are stubbed to the site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Wailuku
    County
    Maui
    State
    Hawaii
    Longitude
    -156.5106475
    Latitude
    20.7949878

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    FAQs

    What type of property is this?
    Land - Prime Maui Commercial Lots Available
    Where is this land located?
    The property is located at Maalaea Rd Wailuku, HI.
    What are key features of this property?
    This property features: 2.8-acre commercially zoned parcel available for $4,628,200 ($35/SF).; Lot is divisible via CPR into smaller parcels.; Located within the Maalaea Harbor Village Commercial Subdivision.
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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
    Maalaea Rd Wailuku, HI 96793
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