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375 OHAI ST Hilo, HI 96720
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Key Details
Sold Price $460,000
Property Type Vacant Land
Sub Type HIS Vacant Land
Listing Status Sold
Purchase Type For Sale
Subdivision Puueo
MLS Listing ID 720989
Sold Date 07/16/25
HOA Y/N No
Annual Tax Amount $1,735
Tax Year 2024
Property Sub-Type HIS Vacant Land
Source Hawaii Information Service
Land Area 11415
Property Description
🌺 RARE Opportunity in Hilo – Prime Vacant Lot Zoned V-.75! Build up to 15 Units or a Boutique Resort! 🌺
Welcome to a once-in-a-lifetime development opportunity on Ohai Street in the heart of beautiful Hilo, Hawai‘i! This cleared and graded lot is shovel-ready and zoned V-.75, allowing for the development of up to 15 residential units or a hotel/resort—a rare zoning classification with incredible potential.
Just minutes from Hilo Bay, the Hilo International Airport, and the vibrant charm of downtown Hilo's shops, cafés, and eateries, this property offers unbeatable convenience in a growing and highly desirable location.
🔹 Zoned V-.75 – Versatile for Multi-Family or Hospitality Use
🔹 One of Only a Few Properties in Hilo With This Unique Zoning
🔹 Cleared, Graded & Ready to Build – Save Time and Money!
🔹 Ideal Location Near the Waterfront, Airport, and Town Attractions
Whether you're dreaming of building a luxury vacation rental hub, a boutique hotel, or a multi-unit housing complex, this property is your blank canvas in paradise. Opportunities like this don't come around often!
Location
State HI
Community Puueo
Area Hi
Zoning V-.75
Region South Hilo
City Region South Hilo
Exterior
Utilities Available Electricity Available, Sewer Not Available, Water Available
View Y/N No
Water Access Desc Public
Topography Level
Garage No
Private Pool No
Building
Lot Description Cleared
Others
Ownership Full
Acceptable Financing 1031 Exchange, Cash, Conventional, HIS Construction Loan
Listing Terms 1031 Exchange, Cash, Conventional, HIS Construction Loan
Special Listing Condition Fee Simple, Standard
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