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Executive Summary

520 Keolani Place is a rare opportunity to acquire a high-visibility commercial property strategically positioned in close proximity to Kahului Airport (OGG) and Costco. Properties in this corridor benefit from exceptional traffic counts, limited competing inventory, and strong long-term demand from logistics, service commercial, retail, and airport-adjacent operators. This development opportunity offers investors a supply-constrained location with upside potential through repositioning, redevelopment, or long-term hold strategies along with cashflow from existing leases. Investment Highlights: • Approximately 33,933 SF of prime commercial vacant land • Favorable M-2 zoned land • 1,000 Amp electric service delivered to the lot • Water meter delivered to the lot • High daily traffic counts of 28,000–32,000 vehicles per day • Excellent visibility right in front of Costco • Corner lot with multiple ingress/egress options • Possible seller financing available.

Property Facts

Price $3,300,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 0.78 AC
Opportunity Zone Yes
Zoning M-2

1 Lot Available

Lot

Price $3,300,000
Price Per AC $4,236,200.26
Lot Size 0.78 AC
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
2-3-8-079-015-0000
Land Assessment
$2,036,000
Improvements Assessment
$0
Total Assessment
$2,036,000
  • Listing ID: 41033879

  • Date on Market: 6/23/2026

  • Last Updated:

  • Address: 520 Keolani Pl, Kahului, HI 96732

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