Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Ready-to-Build Lot Near Golf Course Title is generated by Realmo AI

    94-1445 KIA KAHI ST, Naalehu, HI 96772

    View on Map
    Claim this Listing
    For Sale
    $90,000

    LAND - Naalehu, HI

    Lot size:
    0.34 Acres
    Added:
    Dec 21, 2025
    Days on Market:
    152
    Last Refresh:
    May 22 at 3:06 am

    Property Features for 94-1445 KIA KAHI ST

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-1A
    Standard status
    Active
    APN
    3940230490000
    Lot size
    0.34 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    719

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank

    We can help!

    Listing Contact
    Jamie Moe

    Listing agent Jamie Moe License #RS-85950

    Listing office eXp Realty 6600 Kalanianaole Highway, Suite 114, Mililani, HI

    Listing date Dec 21, 2025

    MLS# 726617 Listing URL

    Copyright © 2026 Hawaii Information Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Build‑ready lot: Cleared, leveled, and terraced, minimizing site preparation.
    • Located alongside Discovery Harbour Golf Course with a slight ocean view and potential for enhanced views.
    • Utilities available: County water and electric service nearby.
    • Paved road access in a well‑maintained South Hawaii Island community.
    • Proximity to Naalehu shops, services, and dining.
    • Low annual community dues: $150 per lot (2025‑2026).

    Overview

    This build-ready lot is located alongside the Discovery Harbour Golf Course. The property has been cleared, leveled, and terraced, providing a strong foundation for new construction. Situated on a paved road, the lot has county water and electric service available nearby. Compared to uncleared parcels, this lot requires minimal site preparation. The east-facing orientation provides a slight ocean view, with the potential for enhanced views through future home design. Annual community dues are $150 per lot (2025-2026). Located near the town of Naalehu, local shops, services, and dining options are easily accessible, including Paradise Meadows Orchard, Miranda's Farms Coffee Shop, and the Punaluu Bake Shop. Beaches, South Point, golf, and outdoor recreation are all nearby. This 0.3368-acre lot is zoned A-1A and presents an opportunity for buyers looking to build in a well-maintained South Hawaii Island community.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Naalehu
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.653
    Latitude
    19.1711

    Nearby Similar for Sale

    • $68,000

      Land in Mark Twain Estates

      Rare opportunity: land with potential ocean view in Naalehu.
      AMEPELA RD, Naalehu, HI 96772
      View Details
    • $94,900

      Vacant Land in Discovery Harbour

      Vacant lot to build your dream home in Discovery Harbour.
      HEKAU ST, Naalehu, HI 96772
      View Details
    • $57,000

      Vacant Land in Discovery Harbour

      Vacant lot in Discovery Harbour community of Na'alehu.
      KAULUA ST, Naalehu, HI 96772
      View Details
    • $60,000

      Golf Course Frontage Land Parcel

      Prime lot with golf course frontage in Discovery Harbour.
      KAULUA CIR lot: 92, Naalehu, HI 96772
      View Details
    • $250,000

      Private Acreage with Ocean Views

      Private 3-acre parcel with ocean views, ideal for horses.
      95-3970 HALEMAUNA ROAD, Naalehu, HI 96772
      View Details
    • $70,000

      Land Near Golf Course

      Large lot near golf course in Discovery Harbor, Naalehu.
      KIA KAHI ST, Naalehu, HI 96772
      View Details
    • $100,000

      Ocean View Homesite in Naalehu

      Gently sloping lot with ocean views, water meter, and power.
      KUAMOO RD, Naalehu, HI 96772
      View Details
    • $84,000

      Ocean View Lot in Naalehu

      Beautiful lot with ocean view, owner financing available.
      94-6587 LEWA LANI ST, Naalehu, HI 96772
      View Details
    • $135,000

      Ocean View Golf Course Lot

      Buildable lot with ocean views in Discovery Harbour community.
      HEKAU ST, Naalehu, HI 96772
      View Details
    • $106,000

      Golf Course Lot with Ocean Views

      Golf course lot with ocean views in Discovery Harbour community.
      KIA LUA ST, Naalehu, HI 96772
      View Details
    • $59,000

      Corner Lot with Ocean Views

      Corner lot in Naalehu, Hawaii, with ocean views.
      Naalehu, HI 96772
      View Details
    • $75,000

      Land in Mark Twain Estates

      Residential land with potential ocean views in Naalehu, Hawaii.
      HOLOWAI ST, Naalehu, HI 96772
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Cleared, leveled lot near amenities and recreation.
    Where is this residential land & home lot located?
    The property is located at 94-1445 KIA KAHI ST Naalehu, HI.
    What is the asking price?
    The asking price for this property is $90,000.
    What are key features of this property?
    This property features: Build‑ready lot: Cleared, leveled, and terraced, minimizing site preparation.; Located alongside Discovery Harbour Golf Course with a slight ocean view and potential for enhanced views.; Utilities available: County water and electric service nearby.
    (808) 365-6270
    We can help!
    Listing Contact
    Jamie Moe
    Real Estate License ID: RS-85950
    Learn More
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    94-1445 KIA KAHI ST, Naalehu, HI 96772
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!