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Property profile & analytics
OFF-MARKET
Land

66-239 Kamehameha Hwy Haleiwa, HI 96712

0.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.96-acre commercial land parcel, located at 66-239 Kamehameha Highway in Haleiwa, Hawaii, presents a compelling investment opportunity. Situated in Honolulu County, with a Haleiwa zip code of 96712 (APN 1-6-6-9-27), this B-1 zoned property offers significant potential. The asking price is $8,695,000, translating to a price per acre of $9,019,675. The property currently generates a net operating income (NOI) of $273,791, derived from a gross income of $316,791, less $43,000 in real property taxes. Given Haleiwa's booming tourism, this land is well-positioned for redevelopment, offering flexibility for investors seeking a stable income stream or a land bank option. Its strategic location and current income make it an attractive prospect for those considering a 1031 exchange. The property's latitude and longitude coordinates are 21.5868248 and -158.1033503 respectively. This is a rare opportunity to acquire a significant commercial land holding in a high-demand location.

Property profile
Verified
Property type Land
Lot 0.96 ac (41,818 SF)
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
Current use
Occupant on record · Public records
  • WICKED HI PIZZA Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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