375 Ohai St

Hilo HI 96720

11415 sq. ft.

Land

Last sold for $460,000

Justice Pang, last sold this property on 16 July 2025 after -187 days on market.

Overview

🌺 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, cafés, 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!

Features

11415 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Hilo over the last 12 months, the estimated median property value of 375 Ohai St is $299k.

Median value

$299k

Estimated value range

$83.5k - $3m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Hilo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 375 Ohai St

2025

Sold

$460,000

16 Jul 2025 by Justice Pang

2020

Sold

$220,000

10 Sep 2020 by Donna Herbst, of Pacific Isle Properties

2019

Sold

$153,825

14 Mar 2019 by Doris Smith, of Smith Properties, Inc.

Happy sellers in Hilo

We have insufficient information to provide an overview of customer satisfaction for Hilo. Viewing the agent profiles, reviews and sales for Hilo can provide insights for this location.