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Honolulu County, HI · Sold

HI-110202

1928 County Road 224

$11,200
$37,333/ac · 0.30 ac
Acreage0.30 ac
Price per acre$37,333/ac
ZoningResidential
Road accessLandlocked
UtilitiesOff grid
TopographyMixed
ListedSep 22, 2024
Coordinates21.4265, -158.2099
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

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

View Honolulu market data →

Step 1 · Is this a deal?

Due diligence

2 items to verify before you offer.

Risk index
35
Moderate risk
Wetlands6.6% of tract

Little to no mapped wetland coverage.

Average slope9.0%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessLandlocked

No legal access of record — resale is severely limited.

Power866 ft away

Service extension needed; get a utility quote.

Buildable area0.27 of 0.30 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$8,200
$6,311$10,088 · $27,332/ac on 0.30 ac
Asking vs estimate
+36.6%
Priced above the comp set

Weighted from 7 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 $11,200
Maximum allowable offer
$4,685
$15,618/ac · +30.0% target margin

You need $6,515 off asking to hit this margin.

All-in cost$5,083
Net resale$7,544
Projected profit$2,460
ROI+48.4%
Annualized+69.3%
Break-even resale$18,417/ac
Profit if resale lands off target
-20%
$952
-10%
$1,706
0%
$2,460
+10%
$3,215
+20%
$3,969
Comparable sales7 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
HI-250067
Paved · Off grid
0.3Mar 22, 2026$11,30037,74322,1177.4 mi
84
HI-900428
Dirt · Off grid
0.3Nov 17, 2024$13,80046,02039,0546.2 mi
76
HI-661035
Landlocked · Power at road
0.4Oct 23, 2025$13,60032,33128,4559.5 mi
73
HI-251664
Gravel · Power at road
0.7Jul 4, 2026$36,80054,85131,9827.6 mi
71
HI-522177
Dirt · Power at road
1.0Sep 22, 2025$35,50036,62725,7244.3 mi
68
HI-472245
Landlocked · Off grid
1.0Jan 22, 2026$23,70023,26323,9937.3 mi
67
HI-111875
Paved · Power at road
0.8Dec 20, 2024$27,80035,58218,7343.1 mi
62
Show adjustment detail for the top comp
  • Access (Paved → Landlocked)-42.4%
  • Market time (5 mo)+1.7%

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.