15-3070 Pahoa Kapoho Road, Pāhoa, HI

Land for Sale - $625,000 - 1.54 acres


Agent Info

Kona Moran
Hilo Brokers, Ltd.

Property Info

CIMLS#1144881
Location
  15-3070 Pahoa Kapoho Road
  Pāhoa HI 96778
UpdatedMarch 4th, 2024
TypeLand
Price$625,000
Land1.54 acres

Property Description

This 1.54 acre parcel was recently changed to CV-20 zoning, allowing for a long list of flexible uses and development. Potential uses include but not limited to office space, auto repair & sales, hotel, multi-family, retail, restaurants & bars, medical facility, and much more! Located at the intersection of Highways 130 and 132 at Pahoa town, this central location is within the Pahoa Regional Town Center, and Puna Community Development Plan. One of the last sites in Pahoa for large scale development.

Two water meters have been installed on the property, and Phase 3 electrical is available. Future underground utility stub out is located near the kiosk and the farthest enclosed building to the south. Septic will be required for wastewater.

There are several buildings which have never been occupied. Two 720 sqft buildings, with an 800 sqft open air building in between them. Final COH approvals received for the building and electrical (no plumbing in any). All buildings have electrical plugs, light switches, lights, exit signs and ceiling fans in the enclosed buildings. Enclosed buildings already have 220V stubbed out for future AC. All buildings have their own electrical panels and cable and telephone outlets in the D-mark Junction box on the exterior of the buildings. There is an additional 64 sqft kiosk built near the property entrance. Two handicap parking stalls approved and completed.

More than enough room for development and parking. Due to the combination of size and ideal location, this property has been used as a community meeting place, and staging area during emergencies.

Per Pahoa Regional Town Plan, this property sits on the outer edge of the development corridor. This offers a tremendous opportunity to develop this uniquely visible, high traffic site.

Two tenants currently pay to be on site, providing cash flow.

A tremendous opportunity offered below tax assessed value. Seller financing may be possible.


Financials