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Flexible Fully Graded Maui Development Site 109 Waiko Rd 8.55 Acres of Commercial Land Online Auction Sale Wailuku, HI 96793
Investment Highlights
- Prime 8.55-acre development site in Wailuku featuring seven fully graded lots with paved roads and in-place utility connections.
- Direct access to Honoapiilani and Kuihelani Highways provides outstanding regional connectivity and logistical advantages.
- Local demographics within 5 miles include a population above 54,000, robust consumer spending of over $589M, and a workforce of more than 36,800.
- Flexible zoning allows for both business district and light industrial uses, supporting a broad range of commercial projects.
- High-visibility location with exposure to over 7,300 vehicles per day, ideal for ventures that rely on significant traffic.
- Established infrastructure and completed Archaeological Preservation Plans streamline development and reduce construction time.
Executive Summary
Set in beautiful Wailuku, Hawaii, 109 Waiko Road stands out as a prime commercial development opportunity. Spanning 8.55 acres of fully graded land, the property offers a rare blend of flexible zoning and established infrastructure, making it exceptionally well-suited for a broad array of commercial ventures. The site is subdivided into seven graded lots, each benefiting from paved roadways and utility connections for electric, water, and telephone services. This thoughtful preparation, paired with completed Archaeological Preservation Plans, streamlines the development process and reduces lead time for construction.
The property’s zoning creates an array of possibilities. Approximately 2.8 acres along Waiko Road are eligible for business district projects, supporting diverse uses such as retail, restaurants, educational facilities, and office spaces. The remaining acreage is zoned for light industrial applications, including warehousing, light manufacturing, automotive operations, and distribution. This versatility offers developers the freedom to conceptualize projects that align with market needs and maximize the site’s potential.
Strategically positioned just 10 minutes from Downtown Kahului and centrally located between Honoapiilani Highway and Kuihelani Highway, 109 Waiko Road provides easy regional connectivity. The property enjoys visibility to more than 7,300 vehicles each day, a significant advantage for operations that benefit from high traffic exposure, such as retail and dining establishments. Proximity to local attractions like the Maui Tropical Plantation and the King Kamehameha Golf Club further expands the prospective customer base, supporting sustained business growth.
Wailuku’s commercial environment amplifies the property’s potential. Within a 5-mile radius, the population surpasses 54,000, with an average household income exceeding $107,000. Annual consumer spending in the area is more than $589 million, underscoring the region’s economic vitality. A workforce of over 36,800 supports more than 3,800 businesses locally, providing a strong labor pool for new tenants. This combination of favorable demographics and business activity makes the site a compelling option for developers seeking to tap into the region’s strong demand and spending power.
A strategic location, established infrastructure, and dynamic market conditions position 109 Waiko Road as an outstanding foundation for developers seeking to deliver high-quality commercial or industrial projects in central Maui.
Property tours are by appointment only. Please contact the listing broker to schedule.
The property’s zoning creates an array of possibilities. Approximately 2.8 acres along Waiko Road are eligible for business district projects, supporting diverse uses such as retail, restaurants, educational facilities, and office spaces. The remaining acreage is zoned for light industrial applications, including warehousing, light manufacturing, automotive operations, and distribution. This versatility offers developers the freedom to conceptualize projects that align with market needs and maximize the site’s potential.
Strategically positioned just 10 minutes from Downtown Kahului and centrally located between Honoapiilani Highway and Kuihelani Highway, 109 Waiko Road provides easy regional connectivity. The property enjoys visibility to more than 7,300 vehicles each day, a significant advantage for operations that benefit from high traffic exposure, such as retail and dining establishments. Proximity to local attractions like the Maui Tropical Plantation and the King Kamehameha Golf Club further expands the prospective customer base, supporting sustained business growth.
Wailuku’s commercial environment amplifies the property’s potential. Within a 5-mile radius, the population surpasses 54,000, with an average household income exceeding $107,000. Annual consumer spending in the area is more than $589 million, underscoring the region’s economic vitality. A workforce of over 36,800 supports more than 3,800 businesses locally, providing a strong labor pool for new tenants. This combination of favorable demographics and business activity makes the site a compelling option for developers seeking to tap into the region’s strong demand and spending power.
A strategic location, established infrastructure, and dynamic market conditions position 109 Waiko Road as an outstanding foundation for developers seeking to deliver high-quality commercial or industrial projects in central Maui.
Property tours are by appointment only. Please contact the listing broker to schedule.
Data Room Click Here to Access
- Operating and Financials
- Purchase Agreement
- Third Party Reports
- Title and Insurance
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Property Type | Land | Total Lot Size | 8.55 AC |
| Property Subtype | Commercial | Sale Condition | Auction Sale |
| Sale Type | Investment | Type of Ownership | Fee Simple |
| Zoning | M-1 - M-1 Lt Industrial | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Sale Type | Investment |
| Total Lot Size | 8.55 AC |
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Zoning | M-1 - M-1 Lt Industrial |
1 Lot Available
Lot 1-7
| Lot Size | 8.55 AC | Parcel Numbers | 2-3-8-007-105-0001, 2-3-8-007-105-0002, 2-3-8-007-105-0003, 2-3-8-007-105-0004, 2-3-8-007-105-0005, 2-3-8-007-105-0006, 2-3-8-007-105-0007 |
| Lot Size | 8.55 AC |
| Parcel Numbers | 2-3-8-007-105-0001, 2-3-8-007-105-0002, 2-3-8-007-105-0003, 2-3-8-007-105-0004, 2-3-8-007-105-0005, 2-3-8-007-105-0006, 2-3-8-007-105-0007 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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Auctions by Ten-X are the #1 transaction technology powering commercial real estate transactions online. With over $34B in total transactions, these auctions use best-in-class technology and real-time asset intelligence to put listings in the best position to find the perfect buyer. The expedited auction timeline, comprehensive due diligence, and buyer qualification make transactions twice as fast and twice as certain for brokers, owners, and investors.
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Auction Contact
John Artozqui
Contact
Auctioneer License:
Ten-X, LLC Broker License RB-23456; Vibhav Kapila RB-21603 78-6831 Alii Drive, Space E-234, Unit #206, Kailua-Kona, HI 96740-2440
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
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Contact the Sale Advisor
Flexible Fully Graded Maui Development Site | 109 Waiko Rd
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Flexible Fully Graded Maui Development Site | 109 Waiko Rd
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