Entity Owned Property summary
This fee-simple restaurant property at 580 Kilauea Ave, Hilo, HI 96720, presents a unique investment opportunity. The 1,852 square foot building, constructed in 1978, sits on a 0.54-acre lot and boasts 20 parking spaces, a significant advantage in this market. Previously a Burger King, the vacant property is zoned CG and offers a drive-thru on a signalized intersection, a rare combination in Hilo. Its prime location across from county offices and major retailers like Longs Drugs and CVS,… provides excellent visibility and accessibility from Mamalahoa Highway and the historic downtown area. The property's strategic placement within a submarket known for high retail sales volumes and limited competition ensures a strong potential for return on investment. The ample parking and additional grassy area offer significant tenant benefits. The property's APN is 3-2-2-16-13, 3-2-2-16-14, 3-2-2-16-15 & 3-2-2-16-24. The asking price is $1,650,000, translating to $890.93 per square foot. This offering includes a single-story building on one lot, presenting a compelling opportunity for owner-users seeking a high-traffic location in Hilo's thriving retail sector. The property's size (1,852 square feet building on 23,482 square feet of land) and location offer significant potential for various restaurant concepts. Investors may also explore potential benefits under Opportunity Zone Programs, including temporary tax deferral and a step-up in basis/permanent exclusion from taxable income of capital gains.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Location
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 · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.11 ac
- APN
- 3-2-2-016-013
- Zoning
- 3A
- Assessed value · 2024
- $95,900
- Annual tax · 2023
- $1,026
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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