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OFF-MARKET
Mixed-use properties

0 Mauilani Pkwy Kahului, HI 96732

192 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 192-acre property in Kahului, Maui, presents a significant development opportunity. Located within the established Maui Lani master-planned community, this land offers a unique blend of residential and commercial entitlements. The approved plan allows for approximately 1,900 residential units, encompassing single-family homes, townhomes, and multifamily dwellings. In addition, over 5.5 acres are designated for commercial and civic uses. The property boasts frontage on The Dunes at Maui Lani Golf Course, providing stunning views and a desirable location. Existing infrastructure is largely complete, including paid school fees and a backbone infrastructure. An agreement is in place with the master developer to acquire additional credits and cover many developer fees. Water rights of 603 meters are available, with the potential to acquire more. The site's proximity to Kahului Airport (just 10 minutes away) adds to its appeal. Given the strong residential demand in Maui, evidenced by record home prices and high sales volume, this development presents a compelling investment opportunity. The property's APNs are (2) 3-8-07:109, (2) 3-8-07:130, (2) 3-8-07:159, and (2) 3-8-07:160. The asking price is $27,500,000. Affordable housing requirements are largely met, with only a modest amount remaining, easily addressed through multifamily rental units.

Property profile
Verified
Property type Mixed-use properties
Lot 192 ac (8,363,694 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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