Sold For $1,985,550 on Feb 25, 2019


  • MLS# 607209
  • Waiakea
  • 4.41 Acres


This is a rare opportunity: two high-traffic, high-visibility parcels in the heart of Hilo zoned for commercial and resort use. The property has more than six acres and is located at the corner of Mililani and Kekuanaoa, less than five minutes from the airport and less than five minutes from historic downtown Hilo. This property is being sold with adjoining lot identified by TMK 3-2-2-30-19 for a total of 6.24 acres.


Sold Date
Feb 25, 2019
Sold Price
$1,985,550
Listed Price
$1,950,000
Status
Sold
Land Area
4.41 ACRES
Tenure
Fee Simple
Property Type
Land
Mountain View
Yes
Assessed Value
$1,871,100
Annual Property Tax
$20,301
Tax Key (TMK)
Price Per Square Foot
$10

Exterior

Zoning
V-.75
Flood Zone
X
Lot Description
Corner
Grassy
Topography
Fairly Level
Gentle Slope
Frontage
Road/Street

Utilities

Power
Overhead
Water
Other (remarks)
Wastewater
Other (remarks)
Telephone
Cable
Cell
Land Line
Satellite
TV
Antenna
Satellite
Cable
Internet
Cable
DSL
Satellite
Wireless
Solid Waste Disposal
Private Contractor

Select a Point of Interest and Radius from the form above.

South Hilo

Hilo town, the hub of the South and North Hilo districts, was once a thriving port for the sugar cane industry. Today it is the Hawaii County Seat and home of the island's major state and federal offices, a modern international airport, Hilo Medical Center, the University of Hawaii-Hilo, and state-of-the-art Imiloa Astronomy Center.

Although Hilo is not an incorporated city, it is the second-largest population center in the state with over 40,000 residents according to the 2000 census. Hilo also has an array of commerce and entertainment offerings--boutiques and galleries, big box stores, restaurants, museums, and several hotels.

The historic Bayfront area, though impacted by major tsunamis in 1946 and 1960, is still a center of economic and cultural activity, including a weekly farmers market, Palace Theatre events and the annual Black & White Night, Merrie Monarch, and Ho'olaule'a festivals.

Embracing the town's reputation as "the rainiest city in America", Hilo residents have a certain pride about East Hawaii's weather and enjoy a different flavor of Hawaii life than their neighbors on the dry west side. The Big Island’s famed greenery, tropical fruits and flowers, trees, ferns, forests, and farms all require reliable rainfall to thrive. Water is so important to life in Hawaii that waiwai (the word for "water", doubled) translates as "assets, valuable, wealth, rich, worth and benefit."

As is true for much of the Big Island, Hilo real estate is a mixed market, with upscale custom homes and fixer-upper "opportunity" properties, condos, vacation residences, private estates and oceanfront property. A knowledgeable Clark Realty agent can guide you to the best Hilo property for your needs.


Please Note: This calculator is designed for research and comparison purposes only. For pre-qualification and a rate quote from a qualified local lender, please contact us and we will connect you with a lender.

Interest rate, taxes, insurance, PMI payments, etc., displayed above are estimates only and are subject to change based on market conditions and individual financial circumstances. Clark Realty is not a lender and does not guarantee that the rate and terms displayed above can be obtained.


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Listed By Kw Kauai

© MLS Hawaii, Inc., All rights reserved. Listing information above provided by Hawaii Information Service, a Multiple Listing Service. This information is deemed reliable but is not guaranteed.


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