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    Olowalu St Kailua-Kona, HI 96740

    Sponsored
    For Sale
    $2,400,000

    1.23 Acres Industrial Land, Fee Simple

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1.23-acre industrial land parcel presents a rare investment opportunity in the desirable Kaloko Commercial Center Subdivision in Kailua-Kona, Hawaii. Located at Olowalu St, 96740, this fee simple property is zoned MCX-1A, offering significant potential for various industrial uses. The lot's advantageous position towards the top of the subdivision provides excellent visibility and accessibility. The property's APN is 3-7-3-51-104. This is a prime piece of land, ideal for developers or businesses seeking a strategic location in a thriving area of Hawaii County. The asking price for this exceptional property is $2,400,000. Note that an adjacent 1.23-acre lot is also available for sale, presenting the possibility of acquiring a larger contiguous parcel. This is a unique opportunity to secure a substantial industrial land holding in a highly sought-after location. Don't miss out on this chance to capitalize on the growing industrial sector in Kailua-Kona. The property's latitude and longitude coordinates are 19.6913521, -156.0179471 respectively.

    Property Features for 0 Olowalu St

    General Information

    Property type
    Land
    Lot Size
    53,579 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kailua-Kona
    County
    Hawaii
    State
    Hawaii
    Longitude
    -156.0179471
    Latitude
    19.6913521

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    FAQs

    What type of property is this?
    Land - 1.23 Acres Industrial Land, Fee Simple
    Where is this land located?
    The property is located at Olowalu St Kailua-Kona, HI.
    What is the asking price?
    The asking price for this property is $2,400,000.
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    Olowalu St Kailua-Kona, HI 96740
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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
    Olowalu St Kailua-Kona, HI 96740
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