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    OFF-MARKET
    Land

    75 Hale Kapili St, Kailua-Kona, HI 96740

    2.82 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 2.82 ac (122,839 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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    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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