Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    45-627 Anoi Road Kaneohe, HI 96744

    View on Map
    New
    For Sale
    $699,000

    LAND - Kaneohe, HI

    Added:
    Apr 2, 2026
    Days on Market:
    3
    Last Refresh:
    Apr 4 at 4:06 pm

    Property Features for 45-627 Anoi Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1-4-5-081-009-0000

    Taxes and HOA fees

    Tax Annual Amount
    3507

    Utilities

    Utilities
    Water Available

    We can help!

    Listing Contact
    Melanie Meinken

    Listing agent Melanie Meinken License #RS-73296

    Listing office Hawaii Life 4614 Kilauea Avenue Suite 201, Honolulu, HI

    Listing date Apr 2, 2026

    MLS# 202606725

    Copyright © 2026 HiCentral MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Kaneohe Land with Mountain Views

    This property is positioned for high interest and offers, with the list price based on the value of the land. The existing structure is in teardown condition, lacking cabinets, appliances, windows, and walls. This presents an opportunity to buy the land and build a home to your specifications. Contractors may find potential to build a house in this community on an easily accessible and mostly level lot. The property features views of the mountains in both the front and back. The location provides easy access to Hoomaluhia Botanical Garden, Windward City Shopping Center, Likelike and H-3, Kaneohe Bay Drive, and both Kailua and Kaneohe towns. A survey, title report, building permit package, Seller Disclosure, and demo estimate are available upon request. Please note that entry into the structure is not permitted due to safety concerns, and showings are limited to walking the lot. Security cameras are present on the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kaneohe
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.804003
    Latitude
    21.40046

    Nearby Similar for Sale

    • $555,000

      Land Parcel in Kaneohe, HI

      Large land parcel in Kaneohe, Windward Oahu.
      47-254 Ahaolelo Road, Kaneohe, HI 96744
      View Details
    • $1,999,000

      Kaneohe Commercial Property with Dwelling

      Highly visible commercial property with live-work flexibility or rental income.
      47-723 Kamehameha Highway unit: A, Kaneohe, HI 96744
      View Details
    • $1,788,000

      Multi-Home Gem in Kaneohe Bay

      Multi-home property ideal for multi-generational living or rental income.
      47-174 Kamehameha Highway, Kaneohe, HI 96744
      View Details
    • $3,700,000

      Kaneohe Care Home Opportunity

      Care home property with expansion potential in Ahuimanu neighborhood.
      47-410 Ahuimanu Road, Kaneohe, HI 96744
      View Details
    • $1,710,000

      Kaneohe Four-Unit Multifamily Property

      Rare four-unit property with income potential in Kaneohe, Hawaii.
      47-325 Ahuimanu Road, Kaneohe, HI 96744
      View Details
    • $1,795,000
      1,836 SF

      Renovated Duplex in Kaneohe

      Legal duplex with new renovations and large lot in Kaneohe.
      45-217 Kailiwai Place, Kaneohe, HI 96744
      View Details
    • $750,000

      Kaneohe Land with Mountain Views

      Flat 5,000 sq ft lot with mountain and bay views.
      47-318 Waihee Road, Kaneohe, HI 96744
      View Details
    • $99,000

      Oceanfront Parcel in Kaneohe, HI

      Oceanfront parcel offering access to the ocean in Kaneohe.
      Kamehameha Highway lot: 46, Kaneohe, HI 96744
      View Details
    • $1,200,000

      Oceanfront Land in Kaneohe, HI

      Expansive oceanfront property with direct access to the sea.
      47-833 Kamehameha Highway unit: (Combo), Kaneohe, HI 96744
      View Details
    • $590,000

      Kaneohe Restaurant Opportunity For Sale

      Restaurant in Kaneohe Shopping Center with secure lease through 2030.
      45-934 Kamehameha Highway #1A2, Kaneohe, HI 96744
      View Details
    • $1,600,000

      Oceanfront Land with Development Potential

      Expansive oceanfront property with direct access to the sea.
      47-833 Kamehameha Highway, Kaneohe, HI 96744
      View Details
    • $1,200,000

      Oceanfront Land Opportunity

      Expansive oceanfront property with direct access to the sea.
      47-833 Kamehameha Highway, #(Combo), Kaneohe, HI 96744
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Land in Kaneohe, build your dream home with mountain views.
    Where is this residential land & home lot located?
    The property is located at 45-627 Anoi Road Kaneohe, HI.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: Land priced below recent appraisal, offering significant value.; Opportunity to build a custom home on a level lot in a desirable community.; Potential for contractors to build a new house.
    (808) 927-3066
    We can help!
    Listing Contact
    Melanie Meinken
    Real Estate License ID: RS-73296
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!