81-6644 Hawaii Belt Rd Kealakekua, HI 96750
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.