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