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    OFF-MARKET
    Commercial real estate

    68-1845 Waikoloa Rd, Waikoloa, HI 96738-5584

    43,283 SF 6.43 ac lot Built 1990
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US24-0197605
    Property summary
    AI-generated overview

    This exceptional 70,932 square foot commercial center in Waikoloa Village, Hawaii (96738), offers a unique investment opportunity. Located at 68-1845 Waikoloa Road, this multi-tenant property boasts a prime location on a busy corner, serving over 2,000 households in the immediate community and benefiting from proximity to the popular Kohala Coast resort area, just 7 miles away. The center enjoys high visibility and consistent traffic throughout the day. Currently, the center houses a diverse mix of businesses, including a well-established market, a major bank (First Hawaiian Bank), and a gas station (Texaco), along with medical services, salons, and a new food court. Available spaces range from a minimum of 450 square feet to a maximum contiguous space of 6,400 square feet, with a total of 14,440 square feet currently vacant. The property is zoned CV-7.5 and features easy street access and ample free parking, making it a highly desirable location for businesses and their customers. The property's Assessed Parcel Number (APN) is (3) 6-8-3-7. This thriving center presents a compelling opportunity to establish or expand your business in a vibrant and growing community. The property is situated in Hawaii County.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1990
    Construction WOOD
    Total area 43,283 SF
    Lot 6.43 ac (280,091 SF)
    Zoning code 3M
    APN 3-6-8-003-007
    UPID US24-0197605
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    PC Hollis Waikoloa LLC · 3 yrs held
    PC Hollis Waikoloa LLC
    since 2022
    Last sale
    $35.6M
    5 recorded transactions
    2022
    $35.6M
    2014
    $22.5M
    2013
    2004
    $12.8M
    2000
    $8.4M
    Zoning & alternative use
    3M · Waikoloa, HI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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