Island of Hawaii > South Hilo > Kulaimano Heights Subdivision Lot #:4, Pepeekeo 96783

KULAIMANO HEIGHTS SUBDIVISION LOT #:4, PEPEEKEO 96783

South Hilo | KULAIMANO HEIGHTS SUBDIVISION
SOLD FOR $800,000 FS ON 02/14/2024
  • CommercialType
  • Special PurposeSub-Type

PROPERTY DESCRIPTION

Exceptional and rarely available 1.7 acre Highway Frontage commercial development opportunity located conveniently at the gateway to the spectacular and highly desirable Hamakua Coast just eight miles north of Hilo. Fronting the Hawaii Belt Highway and located on the Mauka side of the highway in the center of Pepeekeo, this development primed lot with approximately 550 feet of highway frontage, is passed by an estimated 20,000 tourists and residents each day driving the Belt Road. Zoned CV-10, the property offers a wide range of development potential with 7 allowable water meters. Potential developments include convenience store, restaurants, gas station, multi-family residences, day-care center, assisted living facility, church, bed and breakfasts, and various service or tourism related business. The property boasts convenient street frontage on three sides, including direct access to the well travelled Hawaii Belt Highway. City water, electricity, telephone, and cable are all available. Additionally, the location offers stunning ocean views and is a perfect location for servicing the bustling and growing population of the Hamakua Coast and the famous ‘Akaka Falls, which is a short 13 minute drive away and boasts 200,000 annual visitors. This prime, highly visible commercial property is ready for your development in the Hamakua Coast region. Agent must be present for all showings.

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Listed By: eXp Realty

Sold Price $800,000 FS
Sub-Type Special Purpose
Land Tenure Fee Simple
Property Type Commercial
LAND AREA 1.74 ac
Annual Tax $6,359
MLS (Sold) 704467
Tax Key 3-2-8-25-33
Days On Market 78
Price sq/ft $0.00
Zone CV-10
Assessed Value $594,300
Previous Price $999,000

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PROPERTY LOCATION

Disclaimer

MLS listing information is deemed reliable but is not guaranteed by the service.

Updated

02/15/2024

LET'S TALK

We are well known along the Kohala Coast for informed and experienced guidance—not only to buyers and sellers but to the development and investor communities as well.

CONTACT US

LET US SHOW YOU THE BIG ISLAND

INQUIRY

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.