Financial
Distress signals
Property profile

200 Kanoelehua Ave Hilo, HI 96720

FOR LEASE
Commercial real estate
Property ID
US24-0133207
15,683 SF 1.64 ac lot Built 1977
Last sale Aug 2025 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Hilo, Hawaii warehouse property, located at 200 Kanoelehua Avenue, offers a rare opportunity for businesses seeking flexible space in a high-traffic location. The property, known as Waiakea Square Warehouse, is a 24,646 square foot retail and industrial building situated on a 1.64-acre lot. Built in 1977 and renovated in 2009, the building boasts a desirable location with direct exposure to Kanoelehua Avenue and Kuawa Street, ensuring high visibility and accessibility. …

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$42k
Tax billed · 2023
Assessed value · 2024$3.91M
Assessed land$1.28M
Assessed improvement$2.62M
Effective rate1.07%

Value estimate

· Sep 2026
$2.61M
$2.34M – $2.87M
NOI build-up
Gross scheduled income$819k
Vacancy & credit loss−$53k
Operating expenses−$230k
NOI · 30,637,771.43% cap applied$536k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$186/SF
ZIP average, outlier-cleaned · 88 recorded sales of this use type
Observed band · Q1–Q3$91 – $285

Cap rate analysis

How does the asset earn?
30,637,771.43%
$536k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
4T
JurisdictionHAWAII

Location intelligence

Which uses thrive at this corner?

Location

200 Kanoelehua Ave Hilo, HI 96720
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
64 Keawe, Hilo, HI 96720-2486 $1,300,000 Jan 2025 28,056 SF
811 Kanoelehua, Hilo, HI 96720-5114 $155,840 Nov 2024 18,884 SF
308 Kamehameha, Hilo, HI 96720-2960 $600,000 Oct 2024 23,534 SF
112 Haili, Hilo, HI 96720-2843 $2,150,000 Apr 2024 12,946 SF
456 Kalanianaole, Hilo, HI 96720-4759 $3,721,100 Nov 2023 14,480 SF
17 Makaala, Hilo, HI 96720-5118 $6,265,000 Nov 2023 15,780 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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