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Honolulu County, HI · Sold

HI-936978

5868 County Road 304

$1,657,700
$52,860/ac · 31.36 ac
Acreage31.36 ac
Price per acre$52,860/ac
ZoningRecreational
Road accessGravel
UtilitiesPower at road
TopographyRolling
ListedOct 10, 2023
Coordinates21.5359, -158.2617
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

No material red flags on the mapped layers.

Risk index
3
Low risk
Wetlands1.7% of tract

Little to no mapped wetland coverage.

Average slope5.2%

Gentle grade, straightforward to develop.

Flood zoneX

Outside the mapped floodplain.

Legal accessDeeded frontage

634 ft of deeded road frontage.

Power148 ft away

Power at or near the road.

Buildable area29.29 of 31.36 ac

Net of wetlands and slope constraints.

Step 2 · Where do the numbers land?

Adjusted value estimate
$1,398,120
$1,208,808$1,587,432 · $44,583/ac on 31.36 ac
Asking vs estimate
+18.6%
Priced above the comp set

Weighted from 10 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 $1,657,700
Maximum allowable offer
$798,926
$25,476/ac · +30.0% target margin

You need $858,774 off asking to hit this margin.

All-in cost$866,835
Net resale$1,286,270
Projected profit$419,436
ROI+48.4%
Annualized+69.2%
Break-even resale$30,045/ac
Profit if resale lands off target
-20%
$162,182
-10%
$290,809
0%
$419,436
+10%
$548,063
+20%
$676,690
Comparable sales10 matches
ParcelAcresSoldPrice$/acAdj $/acDistMatch
HI-217047
Gravel · Power at road
33.0Jan 25, 2026$1,357,70041,18042,4918.9 mi
83
HI-197787
Gravel · Power at road
56.4Jul 27, 2026$2,579,60045,77851,1824.5 mi
81
HI-517450
Landlocked · Power at road
44.1Jul 27, 2026$1,365,60030,93048,4357.2 mi
80
HI-566742
Paved · Off grid
26.4Jul 22, 2026$1,380,80052,24350,8529.4 mi
80
HI-747918
Gravel · Off grid
62.0Nov 16, 2025$2,027,70032,72745,1991.1 mi
79
HI-397521
Dirt · Full utilities
46.5Sep 4, 2025$1,546,30033,26735,3761.7 mi
74
HI-867456
Landlocked · Full utilities
44.3Oct 7, 2025$1,247,00028,12337,34410.9 mi
69
HI-138623
Gravel · Off grid
103.3Jul 27, 2026$3,301,50031,97348,3199.2 mi
69
HI-915945
Gravel · Off grid
14.8Apr 18, 2025$462,00031,13134,9754.4 mi
68
HI-458127
Gravel · Off grid
72.1Jan 29, 2026$2,545,50035,31050,00814.7 mi
66
Show adjustment detail for the top comp
  • Tract size (32.97 ac → 31.36 ac)+0.8%
  • Market time (7 mo)+2.3%

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.