1080 Kilauea Ave Hilo, HI 96720
This exceptional Hilo commercial property presents a lucrative investment opportunity for discerning buyers. Located at 1080 Kilauea Ave, this mixed-use building boasts high visibility and traffic, making it ideal for both investors and owner-occupants. Currently generating an annual profit of approximately $132,000, the property features a long-term lease extending until February 1, 2029. The building's versatile layout includes a front office space and a rear warehouse with a mezzanine, each with its own entrance and separate electric meters, facilitating multi-tenant occupancy. The front office area is efficiently designed with seven private offices, a common area with cubicles, and a break room. Ample parking is available both in front and behind the building. Recent improvements include a new roof (March 2024), a new air conditioning compressor (September 2018), and a 135-panel solar photovoltaic system with three inverters (December 2014). Interior showings are available to qualified buyers only, requiring proof of funds or a pre-approval letter from a financial institution. The property's square footage is approximate and should be independently verified. All information is deemed reliable but not guaranteed
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
3A · Hilo, HIHilo. Always verify with local authorities before improvements.
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.