2504 Kaumualii Hwy Kalaheo, HI 96741
This exceptional mixed-use property presents a rare redevelopment opportunity on Kauai's Kaumualii Highway (30,306+ vehicles per day). The 12,257 square foot building sits on a 0.19-acre corner lot and offers a diverse range of spaces. The first floor encompasses 3,439 square feet of retail/office space, complemented by 1,637 square feet of warehouse space and 424 square feet of utility/storage. A substantial 3,000 square foot basement provides additional potential. Upstairs, two residential units – a three-bedroom, two-bathroom unit and a studio apartment – add to the property's versatility. Built in 1968, this fee simple offering is currently vacant, presenting a blank canvas for creative repurposing. Its prime location offers excellent visibility and proximity to Lihue Airport (under 20 minutes), Kukuiolono Park & Golf Course, Kahili Mountain Park, and the Grand Hyatt Kauai Resort & Spa. This value-add investment is ideal for developers or owner-users seeking to capitalize on Kauai's thriving tourism and diverse economy. The property's location near the Pacific Missile Range Facility further enhances its long-term potential. This is a unique chance to acquire a significant mixed-use asset in a desirable Hawaiian location. The asking price is $1,800,000, with a price per square foot of $146.85.
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
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.