← New search
Hawaii County, HI · Sold

HI-874798

4937 County Road 123

$172,800
$26,749/ac · 6.46 ac
Acreage6.46 ac
Price per acre$26,749/ac
ZoningAgricultural
Road accessDirt
UtilitiesPower at road
TopographySloped
ListedFeb 6, 2026
Coordinates19.6685, -155.3572
Loading terrain…
County GIS boundary

We do not yet have an active public ArcGIS connection for this county. Use the official source link to verify the parcel boundary and flood/zoning layers.

County market

Hawaii County, Hawaii. Lava-zone Puna lots at the low end, agricultural estates at the top.

View Hawaii market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
27
Low risk
Wetlands4.9% of tract

Little to no mapped wetland coverage.

Average slope27.0%

Steep ground — expect meaningful site work to build.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

640 ft of deeded road frontage.

Power21 ft away

Power at or near the road.

Buildable area3.69 of 6.46 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$190,426
$159,888$220,963 · $29,478/ac on 6.46 ac
Asking vs estimate
-9.3%
Priced below the comp set

Weighted from 6 recorded sales, adjusted for tract size, access, utilities and time since sale. Range width reflects dispersion across the comp set.

AI deal brief

Comps, diligence flags, an offer number and what to ask the seller.

Offer calculatorAsking $172,800
Maximum allowable offer
$108,815
$16,844/ac · +30.0% target margin

You need $63,985 off asking to hit this margin.

All-in cost$118,064
Net resale$175,192
Projected profit$57,128
ROI+48.4%
Annualized+69.2%
Break-even resale$19,865/ac
Profit if resale lands off target
-20%
$22,089
-10%
$39,608
0%
$57,128
+10%
$74,647
+20%
$92,166
Comparable sales6 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
HI-894823
Gravel · Power at road
6.6Jul 29, 2025$203,40030,91527,78620.2 mi
77
HI-694859
Landlocked · Off grid
6.8Jan 28, 2024$87,70012,97021,4208.1 mi
74
HI-883811
Landlocked · Power at road
3.2Jan 8, 2025$78,20024,75432,4133.2 mi
67
HI-133106
Gravel · Power at road
1.9Jun 6, 2026$68,40036,02229,9229.8 mi
66
HI-134314
Landlocked · Power at road
4.5Jul 6, 2024$105,90023,27631,50020.9 mi
61
HI-496428
Gravel · Off grid
21.1May 2, 2024$634,80030,14237,23319.9 mi
49
Show adjustment detail for the top comp
  • Access (Gravel → Dirt)-14.0%
  • Market time (13 mo)+4.4%

Step 3 · Market it

Turn this underwriting into a listing

Generate a comp-priced headline, listing description, land-group post and cash-buyer email for this tract — then post it to the investor marketplace.