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    OFF-MARKET
    Industrial properties

    95-1178 Kaalaiki Rd, Naalehu, HI 96772

    Built 2018
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1.29-acre commercial property presents a significant investment opportunity in the thriving town of Naalehu, Hawaii. Located directly behind the popular Punaluu Bakery, this strategically positioned parcel enjoys high visibility and benefits from proximity to one of Hawaii's most popular tourist destinations. The property includes a substantial 5,700 square-foot warehouse, ideal for a variety of uses. Importantly, this ML-20 zoned land is approved for diverse commercial ventures, ranging from automotive repair and manufacturing to restaurants and bars. The upcoming expansion of the Hawaii County sewer network will further enhance the property's value and appeal. The site boasts excellent street frontage and ample space for extensive parking, catering to both the local community and the large influx of annual tourists. Naalehu, a historic plantation town, is renowned for its exceptional microclimate and fertile growing conditions. Its convenient location, approximately 90 minutes from Hilo and Kailua-Kona, and within 20-30 minutes of Punaluu Beach and Hawaii Volcanoes National Park, makes it an incredibly attractive location. This rare opportunity to acquire a substantial commercial property in such a desirable and high-traffic area is not to be missed. The listed square footage refers to the warehouse space

    Property profile
    Verified
    Property type Industrial properties
    Year built 2018
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Permitted uses
    Allowed · conditional · prohibited
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