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Property profile & analytics
OFF-MARKET Estimated value $1,290,000
Showrooms

660 Kilauea Ave Hilo, HI 96720-4211

10,360 SF 0.98 ac lot Built 1948
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US24-0234925
Property summary
AI-generated overview

This exceptional Hilo, Hawaii commercial property offers 19,040 square feet of retail space ideally situated at 660 Kilauea Ave, 96720. The property boasts a highly visible location across from county, state, and courthouse buildings, ensuring consistent high vehicular traffic and excellent street visibility. This single-tenant space is zoned for General Commercial use and sits on one acre of land. The building is configured with a spacious first floor retail area totaling 16,380 square feet, perfect for a variety of retail businesses. Additionally, a second-floor office space of 2,660 square feet provides ample room for administrative functions or additional retail support. The property does not include elevators. This is a rare opportunity to secure a prominent retail space in a high-traffic area of Hilo, offering significant potential for business growth and success. The property type is retail with a warehouse and office subtype. Serious inquiries only.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1948
Construction STEEL FRAME
Total area 10,360 SF
Lot 0.98 ac (42,695 SF)
Zoning code 3A
APN 3-2-2-016-041
UPID US24-0234925
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
Current use
Occupant on record · Public records
  • Hilo Design Center Home Decor Store Department Store
  • Appliance Mo'i Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.13M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$1.29M
Owner & transaction history
Local Local LLC · 4 yrs held
Local Local LLC
since 2021
Last sale
$1.4M
3 recorded transactions
2021
$1.4M
2021
Price N/A
2003
$2,000
Zoning & alternative use
3A · Hilo, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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