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Property profile

81-6644 Hawaii Belt Rd Kealakekua, HI 96750

OFF-MARKET
Retail properties & Spaces
1,968 SF
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Property summary

AI-generated overview

This 1,968 sq ft free-standing retail building, located at 81-6644 Hawaii Belt Road in Kealakekua, Hawaii (zip code 96750), is offered for sale at $990,000. Previously an American Savings Bank, this vacant property sits on a 23,834 sq ft lot (APN (3) 8-1-2: Parcel 47) and is zoned CV-10 Village Commercial District. The building boasts ample parking and well-maintained interior spaces, ideal for various commercial uses. Its strategic location offers high visibility and accessibility, benefiting from traffic flow between North and South Kona. Proximity to Kona Community Hospital, residential areas, and other businesses enhances its appeal. The property presents an excellent opportunity for investors or business owners seeking a standalone building in a thriving area, allowing for immediate occupancy or creative redevelopment. While there isn't a major regional center nearby, the area features several low-rise office buildings and neighborhood centers catering to residents and tourists. Major retailers in the West Hawaii trade area include Costco, Home Depot, Lowe's, Target, Safeway, Walmart, Ross Dress for Less, and Macy's. This represents a unique chance to acquire a well-maintained commercial building for under $1 million, offering flexibility for retail, office, medical, or mixed-use development.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,968 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

81-6644 Hawaii Belt Rd Kealakekua, HI 96750
Kealakekua metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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