75 Hale Kapili St Kailua-Kona, HI 96740
- Land
- 2.82 lot acres
Current Use by Public Records
- Land
Property Details for 75 Hale Kapili St
- Lot size
- 2.82 lot acres
- Property type
- Land
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kailua-Kona
- County
- State
- Hawaii
- Longitude
- -155.989
- Latitude
- 19.6382