0 Kuhio Hwy Kilauea, HI 96746
This exceptional 11.78-acre commercial land parcel, located at Kuhio Highway in Kapaa, Kauai County, Hawaii (zip code 96746), presents a rare investment opportunity. Situated in a Resort District (RR-20 zoning), the property boasts secured entitlements in perpetuity, allowing for the development of a 192-unit condotel and 6 hotel units. This translates to a luxury resort condominium project with significant potential for high returns. The project's scalability allows for phased construction, minimizing initial investment risk. The site already features constructed infrastructure, streamlining the development process. With 399 parking spaces planned, ample guest and resident parking is ensured. This beachfront property is one of the few remaining in the state, offering unparalleled exclusivity and high barriers to entry for future competition. The property's APN is (4) 4-3-7:27. The asking price for this remarkable development opportunity is $13,500,000. This is a chance to acquire a truly unique and valuable asset in a highly desirable location. The property's latitude and longitude coordinates are 22.202785 and -159.4081003 respectively. Resort-style amenities are planned, enhancing the overall appeal and value of the 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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.