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    OFF-MARKET
    Land

    123 Queen Ka'ahumanu Hwy, Kailua-Kona, HI 96740

    24.22 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 24.217-acre parcel in Kailua-Kona, Hawaii, presents a unique investment opportunity. Located at 123 Queen Ka'ahumanu Hwy, 96740, this property boasts MCX-20 zoning, permitting a wide range of commercial and industrial uses. The land is situated in an opportunity zone, offering significant tax advantages, and enjoys prime visibility along a major thoroughfare with immediate access to Kona International Airport. The site benefits from existing infrastructure, including completed and dedicated roads, a fully signalized intersection, and utilities stubbed to the property. A conceptual plan has already been developed, streamlining the development process. This well-located parcel is poised to capitalize on the growth of surrounding retail and healthcare developments. The property is also easily divisible, offering flexibility for potential buyers. The asking price is $15,000,000. The APN is 3-7-4-008-099. This is a rare opportunity to acquire a large, entitled parcel in a supply-constrained market.

    Property profile
    Verified
    Property type Land
    Lot 24.22 ac (1,054,893 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
    AI Approach AI
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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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