#718440, Listing Office: Ray Kobayashi Jr REALTOR
Property details
About 375 Ohai St
?? RARE Opportunity in Hilo – Prime Vacant Lot Zoned V-.75! Build up to 15 Units or a Boutique Resort! ??<br><br>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.<br><br>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.<br><br>?? Zoned V-.75 – Versatile for Multi-Family or Hospitality Use<br>?? One of Only a Few Properties in Hilo With This Unique Zoning<br>?? Cleared, Graded & Ready to Build – Save Time and Money!<br>?? Ideal Location Near the Waterfront, Airport, and Town Attractions<br><br>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!
Highlights
Home typeVacant Land
StatusActive
MLS #720989
Summary
- Private Pool: No
- List Price: $450,000
- HOA Amount: $0 Monthly
- Annual Tax Amount: $1,735
- Tax Year: 2024
- Lot: Level
- MLS Number: 720989
- Office Name: eXp Realty
- Office Phone: (808) 319-0183
© 2025 MLS Hawaii, Inc. All rights reserved.
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Those properties marked with Hawaii Information Service's icon are provided courtesy of Hawaii Information Service Multiple Listing Service™ system. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/21/2025, 11:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$450,000
375 Ohai St
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 04, 2020 | Home Sold | $220,000 |
| Mar 14, 2019 | Home Sold | $153,825 |
| May 17, 2006 | Home Sold | $392,000 |
| Apr 21, 2004 | Home Sold | $195,000 |
| May 25, 1999 | Home Sold | $85,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $148,300 | $1,735 |
| 2023 | $155,400 | $1,818 |
| 2022 | $141,200 | $1,652 |
| 2021 | $128,800 | $1,506 |
| 2020 | $122,500 | $1,433 |
| 2019 | $85,300 | $974 |
| 2018 | $83,300 | $974 |
| 2017 | $83,300 | $974 |
History based on county public records data.
Nearby schools
7
Hilo Union Elementary School
Public District PK-6
0.3 mi
•506 Waianuenue Ave
8
Haaheo Elementary School
Public District PK-6
1.2 mi
•121 Haaheo Rd
4
Chiefess Kapiolani Elementary School
Public District PK-6
1.2 mi
•966 Kilauea Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $23,033. Most Hilo, HI residents have annual incomes less than $<35k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
67%
<35k
22%
35k-100k
9%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
66%
Single, No Kids
17%
Single, with Kids
13%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
6%
12-17 yrs old
27%
18-34 yrs old
38%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
NBA/WNBA
Where do the neighbors shop?
Burlington
Family Dollar
Chico's
Where do the neighbors go to eat?
Popeyes
Church's Chicken
Bob Evans
What do the neighbors drive?
Dodge
Cadillac
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Backup offers
#718873, Listing Office: Big Island Homes & Land Co., Ltd.
Frequently asked questions
Living in Hilo, HI
Transportation in Hilo includes a public bus system that connects residents to key areas within the town and surrounding regions. While schedules vary, the bus service provides a reliable option for those without private vehicles. The area is moderately walkable, particularly in the downtown district, where shops and restaurants are concentrated. For longer distances, a network of roads and highways connects Hilo to other parts of the Big Island, and the Hilo International Airport facilitates air travel. Ride-sharing services are available, complementing the existing transportation options.
The community is served by a network of public and private educational institutions, ensuring a range of options for families. Healthcare services are available through local clinics and the Hilo Medical Center, which provides comprehensive care including emergency services. The public library system supports the town's educational and cultural needs. Retail and dining establishments offer a taste of local flavors and crafts, reflecting the diverse cultural influences of Hilo. City initiatives aim to maintain and improve these services to accommodate the needs of a growing population.
Hilo is celebrated for its laid-back atmosphere and rich cultural heritage. The community prides itself on its strong ties to native Hawaiian traditions and the spirit of Aloha. Residents and visitors alike enjoy the town's vibrant festivals, including the renowned Merrie Monarch Hula Festival, which showcases the island's deep cultural roots and artistic expression. The area's natural beauty, with its lush landscapes and nearby waterfalls, contributes to a serene and inviting community character.
Hilo offers a diverse range of housing options, from charming bungalows to spacious contemporary homes. The housing landscape is characterized by a mix of single-family residences and multi-family units, with single-family homes making up a significant portion of the market. Architectural styles reflect the island's unique cultural blend, with influences ranging from plantation-style to modern Pacific designs. The area has seen a range of development periods, with many homes dating back to the mid-20th century, providing a sense of historical charm.
About 375 Ohai St
The listing price of 375 Ohai St property is $450,000.
The property 375 Ohai St is land located in Hilo, Hawaii, 96720.
Active Listing: 375 Ohai St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 375 Ohai St are: Hilo Union Elementary School (GreatSchools Rating 7/10), Haaheo Elementary School (GreatSchools Rating 8/10), Chiefess Kapiolani Elementary School (GreatSchools Rating 4/10), Hilo Intermediate School (GreatSchools Rating 7/10), Waiakea Intermediate School (GreatSchools Rating 4/10), Prince Jonah Kalanianaole Elementary & Intermediate School (GreatSchools Rating 4/10), Connections - New Century Public Charter School (GreatSchools Rating 4/10), Hilo High School (GreatSchools Rating 4/10), Waiakea High School (GreatSchools Rating 7/10).
According to the records, the last property tax for 2024 is $1,735 (source: MLS/based on county public records data).
The last sale was on September 4, 2020 for $220,000 (source: MLS/tax record).
This home is located at 375 Ohai St in Hilo, HI and zip code 96720. Features: 0 bathroom. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $450,000.
In April 2025 in Hilo, HI there were 11.8% more homes for sale than in March. In April 2025 median list price was $628,500 and the average listing age was 239 days.
From Rocket Homes Real Estate and based on county public records data.