82-6115 Hawaii Belt Rd - Old Kona Theater
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82-6115 Hawaii Belt Rd - Old Kona Theater
7.1 Acres of Residential Land Offered at $1,995,000 in Captain Cook, HI 96704
Investment Highlights
- Commercial zoned land.
- Center of Captain Cook Town.
- Highway frontage.
Executive Summary
Embark on a journey of endless possibilities at 82-6115 Hawaii Belt Road. This extraordinary property, set in the scenic Captain Cook region, offers a rare blend of commercial and agricultural opportunities. Encompassing 3.36 acres of commercially zoned land along the highway, complemented by over 3.7 acres of agricultural land, this site is a developer's dream.
It has tentative approval for a 7-lot subdivision, ideal for a range of projects. The property promises a unique venture into agritourism, a concept supported by the state of Hawaii. Imagine a front side bustling with mixed-use commercial activities while the back side flourishes with rich coffee farms or a grand farm estate. This innovative combination of agriculture and business is not just an investment; it's a lifestyle. Enhancing its allure, the property offers stunning ocean views, creating a tranquil setting for any development. Historical elements, like the Kona Theater building and existing structures, including a workshop, a single-family home, and a former gas station (with tanks removed), add layers of potential and character. Notably, a fruit stand currently operates at the old Kona Theater site.
Zoned CN-7.5 and boasting fee simple land tenure, this land is a canvas awaiting your vision. It's a gateway to an innovative blend of business and agricultural prowess, set against the backdrop of Hawaii's natural splendor. Whether seeking a new commercial venture or a prime agricultural domain, this property offers an unmatched blend of potential and beauty.
- 2 bedroom, 1 bathroom house
- Old Kona Theater (with expired demolition permit)
- Tentative Subdivision approved for 7 lot subdivision, see attachment.
- 7 water meters available to this property.
- Ocean and Horizon views
The buildings are being sold 'as is.' They are old structures, and the sellers do not provide any warranties regarding their condition.
It has tentative approval for a 7-lot subdivision, ideal for a range of projects. The property promises a unique venture into agritourism, a concept supported by the state of Hawaii. Imagine a front side bustling with mixed-use commercial activities while the back side flourishes with rich coffee farms or a grand farm estate. This innovative combination of agriculture and business is not just an investment; it's a lifestyle. Enhancing its allure, the property offers stunning ocean views, creating a tranquil setting for any development. Historical elements, like the Kona Theater building and existing structures, including a workshop, a single-family home, and a former gas station (with tanks removed), add layers of potential and character. Notably, a fruit stand currently operates at the old Kona Theater site.
Zoned CN-7.5 and boasting fee simple land tenure, this land is a canvas awaiting your vision. It's a gateway to an innovative blend of business and agricultural prowess, set against the backdrop of Hawaii's natural splendor. Whether seeking a new commercial venture or a prime agricultural domain, this property offers an unmatched blend of potential and beauty.
- 2 bedroom, 1 bathroom house
- Old Kona Theater (with expired demolition permit)
- Tentative Subdivision approved for 7 lot subdivision, see attachment.
- 7 water meters available to this property.
- Ocean and Horizon views
The buildings are being sold 'as is.' They are old structures, and the sellers do not provide any warranties regarding their condition.
Property Facts
| Price | $1,995,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Conditions | Redevelopment Project | Total Lot Size | 7.10 AC |
| No. Lots | 1 |
| Price | $1,995,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 7.10 AC |
1 Lot Available
Lot
| Price | $1,995,000 | Lot Size | 7.10 AC |
| Price Per AC | $281,065 |
| Price | $1,995,000 |
| Price Per AC | $281,065 |
| Lot Size | 7.10 AC |
Encompassing 3.36 acres of commercially zoned land along the highway, complemented by over 3.7 acres of agricultural land, this site is a developer's dream. It has tentative approval for a 7-lot subdivision, ideal for a range of projects.
PROPERTY TAXES
| Parcel Number | 3-8-2-003-005-0000 | Improvements Assessment | $118,600 |
| Land Assessment | $1,141,300 | Total Assessment | $1,259,900 |
PROPERTY TAXES
Parcel Number
3-8-2-003-005-0000
Land Assessment
$1,141,300
Improvements Assessment
$118,600
Total Assessment
$1,259,900
zoning
| Zoning Code | CN-7.5 (Commercial zoning along highway and ag zoning to the west.) |
| CN-7.5 (Commercial zoning along highway and ag zoning to the west.) |
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82-6115 Hawaii Belt Rd - Old Kona Theater
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