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28-2894 Hawaii Belt Road, Pepeekeo, HI, 96783
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28-2894 Hawaii Belt Road, Pepeekeo, HI 96783

$800,000 $899,000 Land sold 1.739 acres Neighborhood:  Nani Malio Sold 02/14/2024 $800,000 $899,000
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 growing population of the Hamakua Coast and the famous 'Akaka Falls. Prime spot, call today!
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Details

Big Island island
  • Year Built -
  • Original list price $999,000
  • Days on market 148
  • Price per sqft $11/sqft
  • Address

    28-2894 Hawaii Belt Road, Pepeekeo, HI, 96783

  • Neighborhood Nani Malio
  • Land area 75,751 sqft / 1.739 acres
  • City of Big Island Pepeekeo
  • Region South Hilo
  • Island Big Island
  • Land tenure FS - Fee Simple
  • View Ocean

Open Houses

No upcoming open houses

Monthly payment

Calculate your monthly payments
Mortgage
$4,079
Taxes
$530
HOA dues
$0
$4,609 per month
Mortgage
Down payment
$160,000 / 20%
Interest rate
6.58%
Loan type
30 years
Your amount $4,079 / month

Neighborhood: Nani Malio

Nearby & commute
Coffee shops
no data
Bus stop
no data
Supermarket
no data
Costco
no data
Hospital
no data
Park
no data
Beach
no data
Elementary school
no data
Middle school
no data
High school
no data
Local airport
no data

Amenities & Features

Documents Available
Title Search
Land Use
Business, Commercial, Residential
Easements
None
Sewer
Connect Required
Restrictions
None
Surface Road Frontage
State Hwy
Improvements
None
Possible Use
Business, Church, Cluster Unit, Commercial, Duplex, Multi Family, Nursery, Office Building, Other, Single Family
Disclosures
None
Utilities Included
Overhead Electricity, Public Water, Sewer

Nani Malio prices

Average price $1.04m
Neighborhood average sales price*
$1.04m
Neighborhood median sales price*
$1.01m
Number or sales*
19
*last 6 months

Schools

15 schools with rating up to 8
School rating Distance
5
out of 10
Prince Jonah Kalanianaole Elementary & Intermediate School
27330 Old Mamalahoa Hwy, Papaikou, HI 96781
Elementary School
3.456mi
5
out of 10
Prince Jonah Kalanianaole Elementary & Intermediate School
27330 Old Mamalahoa Hwy, Papaikou, HI 96781
Middle School
3.456mi
3
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
High School
7.971mi
School rating Distance
5
out of 10
Prince Jonah Kalanianaole Elementary & Intermediate School
27330 Old Mamalahoa Hwy, Papaikou, HI 96781
3.456mi
6
out of 10
Haaheo Elementary School
121 Haaheo Rd, Hilo, HI 96720
6.6mi
3
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
7.971mi
8
out of 10
Hilo Union Elementary School
506 Waianuenue Ave, Hilo, HI 96720
8.063mi
NR
Haili Christian School
190 Ululani Street, Hilo, HI 96720
8.132mi
School rating Distance
5
out of 10
Prince Jonah Kalanianaole Elementary & Intermediate School
27330 Old Mamalahoa Hwy, Papaikou, HI 96781
3.456mi
6
out of 10
Haaheo Elementary School
121 Haaheo Rd, Hilo, HI 96720
6.6mi
3
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
7.971mi
8
out of 10
Hilo Union Elementary School
506 Waianuenue Ave, Hilo, HI 96720
8.063mi
NR
Haili Christian School
190 Ululani Street, Hilo, HI 96720
8.132mi
School rating Distance
3
out of 10
Connections - New Century Public Charter School
174 Kamehameha Ave, Hilo, HI 96720
7.971mi
3
out of 10
Hilo High School
556 Waianuenue Ave, Hilo, HI 96720
8.158mi
3
out of 10
Ke Ana Laahana - Public Charter School
1500 Kalanianaole Ave, Hilo, HI 96720
8.503mi
NR
Ka Umeke Kaeo - Public Charter School
222 Desha Ave, Hilo, HI 96720
8.569mi
NR
St Joseph School
1000 Ululani Street, Hilo, HI 96720
8.783mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Feb 14, 2024
Date Event Price $/sqft Source
Feb 14, 2024 Sold $800,000 $10.56 Public Record
Dec 9, 2023 Active Under Contract $899,000 $11.87 MLS #202323782
Nov 13, 2023 Price Decrease $899,000 -10.01% $11.87 MLS #202323782
Oct 12, 2023 New Listing $999,000 -49.92% $13.19 MLS #202323782
Feb 1, 2008 Cancelled $1,995,000 $26.34 MLS #2720486
Nov 26, 2007 New Listing $1,995,000 +567.22% $26.34 MLS #2720486
Mar 5, 2004 Expired $299,000 $3.95 MLS #2303016
Mar 7, 2003 New Listing $299,000 -0.13% $3.95 MLS #2303016
Mar 3, 2003 Expired $299,400 $3.95 MLS #2202393
Mar 8, 2002 New Listing $299,400 $3.95 MLS #2202393
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Tax & MLS details 28-2894 Hawaii Belt Road, Pepeekeo, HI, 96783

30 - Commercial zoning / MLS #202323782
Current Property Taxes p/month
$530
Property Tax Year
2023
Assessed Improvement value
$0
Assessed Land value
$594,300
TMK
3-2-8-025-033-0000
Land Recorded
Regular System
Zoning
30 - Commercial
Flood Zone
Zone X
Topography
Gentle Slope
Location
Other
Lot Description
Clear
Property Setbacks
Of Record
Total Assessed value
$594,300
Listed by
eXp Realty
(808) 725-2794
MLS #
202323782
Hawaii House tour report for this land
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Recently sold nearby 28-2894 Hawaii Belt Road in Nani Malio

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Frequently asked questions for 28-2894 Hawaii Belt Road

What is 28-2894 Hawaii Belt Road?

28-2894 Hawaii Belt Road is a piece of land, of approximate 1.739 acres (about +/- 75,751 sqft).

What is the full address of this land?

28-2894 Hawaii Belt Road, Pepeekeo, HI, 96783.

Are there beaches near 28-2894 Hawaii Belt Road?

No, there aren't.

Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of eXp Realty. Some active listings appearing on this site may be listed by other REALTORS®. If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation. Hawaii House Inc. is a real estate brokerage firm licensed to conduct business in the State of Hawaii. Information deemed reliable, but not guaranteed.

Listings last updated on February 14, 2024.
Hawaii House Last checked less than a minute ago.

Land sold $800,000 $899,000 28-2894 Hawaii Belt Road, Pepeekeo, HI, 96783 1.739 acres Save House Remove from Saved