SOLD 02/14/2024
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Land sold for $800,000 in 81 days
28-2894 Hawaii Belt Rd Pepeekeo, HI, 96783
Neighborhood: Nani MalioOff the market 1.74 acres
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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Property details
Big Island county
View
Ocean
Land area
75,751 sqft (1.74 acres)
Price per sqft
$10/sqft
Address
28-2894 Hawaii Belt Rd, Pepeekeo, HI, 96783
City of Hawaii
Pepeekeo
Island
Big Island
Land tenure
FS - Fee Simple
Neighborhood
Nani Malio
District
S. Hilo
Zoning
30 - Commercial
Open Houses
No upcoming open houses
Listed by
Hal Wilkerson, eXp Realty
(808) 725-2794
(808) 725-2794
Name
Hal Wilkerson
License number
RS-83581
Brokerage company
eXp Realty
(808) 725-2794
(808) 725-2794
MLS #
202323782
Buyer agent
Name
NON MLS
Brokerage company
Non-MLS
Payment calculator
Calculate your monthly payments
Mortgage
$2,457
Taxes
$530
HOA dues
$0
Mortgage
$160,000 / 20%
2.28%
30 years
Your amount
$2,457 / month
Lot details
TMK #3280250330000
Lot Description
Clear
Parcel #
3280250330000
Nani Malio neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
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no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in Nani Malio
41%
Families with children
National average: 39%
21%
Non family households
3,716
Population
$99,058
Average Income
Age & gender
Median age 41 years
More info
Commute types
80% commute by car
More info
Education level
34% have high school education
More info
Number of employees
6% work in education and healthcare
More info
Vehicles available
34% have 1 vehicle
More info
Vehicles by gender
34% have 1 vehicle
More info
Housing market insights for
$800k
Neighborhood average
sales price*
sales price*
$800k
Neighborhood median
sales price*
sales price*
1
Number
of sales*
of sales*
Housing type
74% are single detacheds
More info
Rooms
45% of the houses have 4 or 5 rooms
More info
Bedrooms
60% have 2 or 3 bedrooms
More info
Owners vs Renters
63% are owners
More info
4.33 / 20
Least Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Overhead Electricity, Public Water, Sewer
Utilities
Overhead Electricity, Public Water, Sewer
Location Details, Documents & Disclosures
—
Documents & disclosure
None
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
| out of 10 |
Prince Jonah Kalanianaole Elementary & Intermediate School
27-330 Old Mamalahoa Hwy, Papaikou, HI 96781
Elementary School |
3.456mi |
| out of 10 |
Prince Jonah Kalanianaole Elementary & Intermediate School
27-330 Old Mamalahoa Hwy, Papaikou, HI 96781
Middle School |
3.456mi |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Avenue, Hilo, HI 96720
High School |
7.967mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Prince Jonah Kalanianaole Elementary & Intermediate School
27-330 Old Mamalahoa Hwy, Papaikou, HI 96781
|
3.456mi |
| out of 10 |
Haaheo Elementary School
121 Haaheo Road, Hilo, HI 96720
|
6.598mi |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Avenue, Hilo, HI 96720
|
7.967mi |
| out of 10 |
Hilo Union Elementary School
506 Waianuenue Avenue, Hilo, HI 96720
|
8.092mi |
|
Haili Christian School
190 Ululani Street, Hilo, HI 96720
|
8.158mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Prince Jonah Kalanianaole Elementary & Intermediate School
27-330 Old Mamalahoa Hwy, Papaikou, HI 96781
|
3.456mi |
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Avenue, Hilo, HI 96720
|
7.967mi |
|
Haili Christian School
190 Ululani Street, Hilo, HI 96720
|
8.158mi | |
| out of 10 |
Hilo Intermediate School
587 Waianuenue Avenue, Hilo, HI 96720
|
8.233mi |
|
Mauna Loa School
172 Kapiolani Street, Hilo, HI 96720
|
8.342mi | |
| School rating | Distance | |
|---|---|---|
| out of 10 |
Connections - New Century Public Charter School
174 Kamehameha Avenue, Hilo, HI 96720
|
7.967mi |
| out of 10 |
Hilo High School
556 Waianuenue Avenue, Hilo, HI 96720
|
8.239mi |
|
Ka Umeke Kaeo - Public Charter School
222 Desha Avenue, Hilo, HI 96720
|
8.556mi | |
| out of 10 |
Ke Ana Laahana - Public Charter School
160 Baker Avenue, Hilo, HI 96720
|
8.644mi |
|
St Joseph School
1000 Ululani Street, Hilo, HI 96720
|
8.765mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Feb 14, 2024
Nani Malio Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| No data for selected period | ||
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Feb 14, 2024 | Sold | $800,000 | 10.56 | Public Record |
| Feb 14, 2024 | Price Decrease | $800,000 -11.01% | 10.56 | MLS #202323782 |
| Dec 9, 2023 | $899,000 | 11.87 | MLS #202323782 | |
| Nov 13, 2023 | Price Decrease | $899,000 -10.01% | 11.87 | MLS #202323782 |
| Sep 20, 2023 | New Listing | $999,000 | 13.19 | MLS #202323782 |
Taxes of 28-2894 Hawaii Belt Rd, Pepeekeo, HI, 96783
30 - Commercial zoning / MLS #202323782
Current Property Taxes p/month
$529
Assessed Improvement value
$0
Assessed Land value
$594,300
Land Recorded
Regular System
Flood Zone
Zone X
Topography
Gentle Slope
Location
Other
Total Assessed value
$594,300
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2023 | $6,359 | MLS #202323782 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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Frequently Asked Questions about 28-2894 Hawaii Belt Rd
What is 28-2894 Hawaii Belt Rd?
28-2894 Hawaii Belt Rd is a lot of 1.74 acres (about is 75,751 sqft).
What is the full address of this Land?
28-2894 Hawaii Belt Rd, Pepeekeo, HI, 96783.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of eXp Realty.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: Feb 14, 2024
Verhouse Last checked 5 minutes ago
The Nani Malio neighborhood has a population of 3,716, and 41% of the families have children. The median age is 41.34 years and 80% commute by car. The most popular housing type is "single detached" and 63% is owner.