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$4,800,000
Listing Price2beds
2baths
3,250sqft
17,424sqft lot
3135 Lower Kula Rd, Kula, HI 96790
Member Features
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Full foreclosure details
Home value, equity and ownership info
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For Sale
Off Market
Home type
Price / sqft
Year built
Home Details
Best Mixed use property in Hawaii with an existing Auto Repair shop and multiple business opportunities, multiple commercial rentals, and multiple residential rentals. Unprecedented rent increases and demand in Maui now due to recent events. Located Upcountry in Lower Kula, Maui, Hawaii, USA at 2500 ft elevation which is known to have one of the best climates and weather in the Whole World. Awesome 360 deg bi-coastal views of the Pacific Ocean below, the West Maui Mountains across the Central Valley, and 10,000 ft high Haleakala Crater behind. Kahului Airport is 25 minutes away. This property is located in the midst of a very affluent area with homes in the $2-15 mil range. Neighbor businesses include a gas station, hardware store and plant nursery, bakery, restaurant, and food cart. This area is growing and needs a lot more business and commercial development for the population. Purchase now at an 8% cap rate with a huge upside development potential in the future. County of Maui master planned for further development with the Highest and Best uses of this property would be mixed use condos, hotel, restaurant, medical center, corporate center, Kula Town Center with values upward of $40 mil. The existing buildings here have a huge roof area which would support extensive PV panels and needed electric vehicle charging infrastructure which will be massively government subsidized in the future. Almost a level acre (.93 ac) and it has a 1" and 5/8" water meter. All utilities to pro
Interior Details
3250
2
2
Has Heating:
No
Heating Type:
None
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
Yes
Fireplace Type:
Yes
Property Details
17424
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
Contemporary
Wood
Pier/post & Beam
N/A
Metal
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$7,625
$219,000
$114,100
--%
$333,100
2019
$8,375
$811,400
$385,900
--%
$1,197,300
2018
$7,302
$794,000
$269,700
--%
$1,063,700
2017
$7,364
$828,800
$239,100
--%
$1,067,900
2016
$6,603
$828,800
$217,100
--%
$1,045,900
2013
$6,110
$741,700
$169,500
--%
$911,200
2013
$6,110
$741,700
$168,000
--%
$909,700
2012
$3,098
$741,700
$164,800
--%
$906,500