Seller's Agent in 2025
Justice Pang
eXp Realty
(808) 319-0183
34 in this area
293 Total Sales
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, cafes, 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!
Last Agent to Sell the Property
eXp Realty Brokerage Phone: 8083190183 License #RS-82058 Listed on: 05/19/2025
Last Buyer's Agent
eXp Realty Brokerage Phone: 8083190183 License #RS-82058 Listed on: 05/19/2025
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/16/2025 07/16/25 | Sold | $460,000 | +2.2% | $239 / Sq Ft | |
| 05/19/2025 05/19/25 | For Sale | $450,000 | +104.5% | $233 / Sq Ft | |
| 10/12/2024 10/12/24 | Off Market | $220,000 | -- | -- | |
| 12/09/2020 12/09/20 | Off Market | $220,000 | -- | -- | |
| 09/10/2020 09/10/20 | Sold | $220,000 | -3.9% | $114 / Sq Ft | View Prior Sale |
| 07/07/2020 07/07/20 | Pending | -- | -- | -- | |
| 12/05/2019 12/05/19 | For Sale | $229,000 | +48.9% | $119 / Sq Ft | |
| 03/14/2019 03/14/19 | Sold | $153,825 | +18.4% | $80 / Sq Ft | View Prior Sale |
| 02/04/2019 02/04/19 | Pending | -- | -- | -- | |
| 01/09/2019 01/09/19 | For Sale | $129,900 | -- | $67 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,774 | $151,600 | $151,600 | -- |
| 2024 | $1,735 | $148,300 | $148,300 | -- |
| 2023 | $1,818 | $155,400 | $155,400 | $0 |
| 2022 | $1,652 | $141,200 | $141,200 | $0 |
| 2021 | $1,507 | $128,800 | $128,800 | $0 |
| 2020 | $1,433 | $122,500 | $122,500 | $0 |
| 2019 | $998 | $170,600 | $170,600 | $0 |
| 2018 | $975 | $83,300 | $83,300 | $0 |
| 2017 | $975 | $83,300 | $83,300 | $0 |
| 2016 | $1,804 | $166,300 | $83,300 | $83,000 |
| 2015 | -- | $184,100 | $82,800 | $101,300 |
| 2014 | -- | $182,300 | $82,800 | $99,500 |
Seller's Agent in 2025
Justice Pang
eXp Realty
(808) 319-0183
34 in this area
293 Total Sales
D
Seller's Agent in 2020
Donna Herbst
Pacific Isle Properties
(808) 987-6543
29 in this area
98 Total Sales
D
Seller's Agent in 2019
Doris Smith
Smith Properties, Inc.
(808) 935-6653
7 in this area
11 Total Sales
Source: Hawaii Information Service (MLS Hawaii)
MLS Number: 720989
APN: 2-6-003-008
Ask me questions while you tour the home.