NOT LISTED FOR SALE

375 Ohai St Hilo, HI 96720

Hilo Area
0.26 Acre
-- Price per Acre
11,326 Sq Ft Lot

Sale Details

Date Sold: July 16, 2025

Last sale price $460,000 $239 Per Sq Ft

4 Days on Market

About This Lot

As of July 2025

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

Justice Pang

eXp Realty Brokerage Phone: 8083190183 License #RS-82058 Listed on: 05/19/2025

eXp Realty

Last Buyer's Agent

Justice Pang

eXp Realty Brokerage Phone: 8083190183 License #RS-82058 Listed on: 05/19/2025

eXp Realty
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,735

Lot Details

  • Level Lot
  • Cleared Lot
  • Property is zoned V-.75

Utilities

  • Sewer Not Available

Community Details

  • Puueo Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3260030080000

Property Details

Property Type

Land

Est. Annual Taxes

$1,735

Listing Details

  • Prop. Type: Land
  • ResoLotFeatures: Cleared
  • Ownership: Full
  • MLS Status: S
  • Subdivision Name: PUUEO
  • Tax Year: 2024
  • HIS_PoolYN: No
  • HIS_SpecialAssessmentAmountFrequency: Monthly
  • Land Tenure: Fee Simple
  • HIS_SolidWasteDisposal: None
  • HIS_InUseAsShortTermVacationRentalYN: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Topography: Level
  • Waterfront: No
  • Roads: Paved

Utilities

  • Utilities: Electricity Available, Sewer Not Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Monthly

Lot Info

  • Zoning: V-.75
  • ResoLotSizeUnits: Square Feet
  • Parcel Number: 3260030080000

Tax Info

  • Tax Annual Amount: 1735.11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2025
Closed on
Jul 9, 2025
Sold by
Bought by
Seller's Agent
Justice Pang
eXp Realty
Buyer's Agent
Justice Pang
eXp Realty
List Price
$450,000
Sold Price
$460,000
Premium/Discount to List
$10,000
2.22%
Views
7

Purchase Details

Listed on
Dec 5, 2019
Closed on
Sep 1, 2020
Sold by
Bought by
Seller's Agent
Donna Herbst
Pacific Isle Properties
Buyer's Agent
Justice Pang
eXp Realty
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.43%
Original Mortgage
$170,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2019
Closed on
Feb 13, 2019
Sold by
Bought by
Seller's Agent
Doris Smith
Smith Properties, Inc.
Buyer's Agent
Donna Herbst
Pacific Isle Properties
List Price
$129,900
Sold Price
$153,825
Premium/Discount to List
$23,925
18.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.94%

Purchase Details

Closed on
Jul 28, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
7.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
5.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.92%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Hilo, HI

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$460,000 Fam
$2,220,000 Tg
$153,825 Or
$124,000 None Available
$392,000 First American Title Co Inc
$195,000 --
$85,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $170,000
Previous Owner $313,600
Previous Owner $156,000
Previous Owner $68,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Hawaii Information Service (MLS Hawaii)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $1,774 $181,700 $181,700
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hawaii Information Service (MLS Hawaii)

MLS Number: 720989

Hawaii Information Service (MLS Hawaii)

APN: 2-6-003-008

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