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Property profile & analytics
OFF-MARKET
Land

and Ala Ohia Cor Of Pukalani Rd Waimea, HI 96743

4.1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 4.1-acre parcel, located at the corner of Pukalani Road and Ala Ohia in Waimea, Hawaii (zip code 96743), presents a unique investment opportunity. Situated in a highly desirable area, this level lot boasts 900 feet of frontage on Pukalani Road and an additional 250 feet on Ala Ohia Road. The property is zoned CV 7.5 Village Commercial, allowing for a variety of uses, including multifamily residential and commercial developments such as clinics, nursing homes, and daycares. Preliminary plans suggest the potential for up to nine six-plex buildings, totaling 54 units ranging from 790 to 1,000 square feet. The location offers unparalleled convenience, with proximity to supermarkets, shopping centers, educational institutions, and North Hawaii Community Hospital directly across the street. All major utilities are readily available, including Hawaiian Electric Light Company (electric), Hawaii County Department of Water Supply (water), and Waimea Wastewater Company, Inc. (sewer). Importantly, the property is located in FEMA Zone X, outside the 500-year flood plain. The APN is (3) 6-7-2-56. This is a rare opportunity to acquire a large, well-located commercial parcel in a thriving Hawaiian community.

Property profile
Verified
Property type Land
Lot 4.1 ac (178,596 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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