1623 KINOOLE ST $540,000

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    1623 KINOOLE ST HILO, HI 96720

    • 0.98 Acres
    • Land
    • MLS# 628642
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    Views: 2 Days On Market: 295

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    Property Details

    Great development project: Multi-unit zoning in walking distance to the University!

    Located directly off of Kinoole Street between the popular Puainako Town Center and the University of Hawaii at Hilo, this 42,660 square foot property has an approved future use for up to 14 dwelling units (if built after 2022) and an approved current use of up to 10 dwelling units. Or, explore the various subdivision possibilities.

    Fairly level topography and a roughly square parcel shape make this lot builder-friendly. Kinoole Street provides direct access to Downtown Hilo just a few minutes to the North.

    The fastest growing part of the state, East Hawaii suffers from a chronic shortage of long term rental units - more so in the town's core, ensuring good future cash flow for housing developments.

    • General Features
      • Land Tenure Fee Simple
      • Location 1623
      • Subdivision Waiakea Hmstd. Houselots
      • Land Area 42,660
      • Topography Fairly Level
      • Oceanfront Parcel N
      • Taxes Annual $2,888
    • Property Features
      • Lot Description Land Clear, Grassy
      • Frontage Road/Street
      • Fence Wall None
      • Roads County, Paved
      • Solid Waste Disposal Trash Other (remarks)
      • Water Municipal
      • Power Overhead
      • Wastewater Other (remarks)

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    Neighborhood

    96720 (HILO) Demographics

    41 Median Age
    161 Population Density (per sq. mile)
    42% College Educated
    $55,389 Estimated Median Income
    10,484 Estimated Total Home Owners
    6,176 Estimated Total Renters
    63% / 37% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    48,182 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $365,000 Median Sales Price
    17 Homes Sold
    23 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $540,000
        8/12/2019 12:49:00 PM New in Database Source

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        Based on information from MLS Hawaii, Inc. d/b/a Hawaii Information Service, listings last updated on 6/3/2020 9:24:44 AM. All information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. Data may not be reproduced or redistributed and may not be used for any purpose other than individual consumer's use.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.

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        Cheryl Dillon, RB-18551, James W. Wright, RB-16206, 1-800-735-2100