75 Hale Kapili St, Kailua-Kona, HI 96740
This exceptional 2.82-acre commercial land parcel, located at 75 Hale Kapili St, Kailua-Kona, HI 96740 (APN 3-7-5-3-33), presents a unique investment opportunity. Priced at $5,999,900, this property comprises four combined lots, each zoned CG-20, offering significant development potential. The land is level and graded, featuring completed rock and retaining walls, with readily available utilities. Its high-visibility location on Queen Kaahumanu Highway, boasting 24,880 daily drivers, ensures maximum exposure. Situated across from Lowe's and adjacent to the new 208,000-square-foot Nimumalu Marketplace (anchored by Safeway), this site benefits from the high traffic generated by surrounding shopping, dining, and service businesses, including Target, Ross, Planet Fitness, Starbucks, and Walmart. The property's "shovel-ready" status, combined with its prime location and proximity to Kona International Airport (8 miles), makes it an attractive proposition for developers and investors seeking a high-return commercial venture in a rapidly growing area of Kailua-Kona. This is a rare opportunity to acquire a significant commercial land holding in one of Hawaii's most desirable locations.
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
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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.