Technical
Financial
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Property profile

5-5344 Kuhio Hwy Hanalei, HI 96714

OFF-MARKET
Commercial real estate
Property ID
US24-0287516
0.32 ac lot Built 1964
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property in the heart of Hanalei, Kauai presents a unique investment opportunity. Located at 5-5344 Kuhio Hwy, the property encompasses approximately 14,020 square feet and features a charming building with deep historical significance. Originally a public cemetery, the land was acquired by the Protestant Episcopal Church in 1947. The current structure, St. Thomas Church, was constructed in 1964, funded by Juliet Atwood Rice Wichman and dedicated to her great-aunt. Currently, the property serves as the home of the Aloha School Early Learning Center, a testament to its ongoing contribution to the Hanalei community. The property boasts a spacious, fenced lot adorned with mature fruit trees, offering tranquil mountain and waterfall views. Its prime location along the main road in downtown Hanalei provides easy access to the iconic Hanalei Bay, placing it within walking distance of the beach and the vibrant town center. The property's deed stipulates that it must be conveyed for church-related purposes. This presents a rare chance for a visionary buyer to preserve its historical legacy and continue its service to the community while capitalizing on its exceptional location in one of Kauai's most desirable areas. The asking price is $2,600,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1964
Lot 0.32 ac (14,026 SF)
Zoning code R4
APN 4-5-5-003-001
UPID US24-0287516

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5-5344 Kuhio Hwy Hanalei, HI 96714
Hanalei metro Census 40104 KAPAA, HI MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$2.64M

Owner & transaction history

since 2025
Last sale
$2.6M
1 recorded transaction
2025
$2.6M

Zoning & alternative use

R4 · Hanalei, HI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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