Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    92-840 Wainohia St Kapolei, HI 96707

    Sponsored
    For Sale
    $710,000

    LAND - Kapolei, HI

    Property size:
    1,800 SF
    Days on Market:
    9
    Last Refresh:
    Feb 19 at 10:06 pm

    Property Features for 92-840 Wainohia St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    1-9-2-017-015-0000
    Size
    1,800 SF

    Utilities

    Utilities
    Cable Available

    We can help!

    Listing Contact
    Cannie Chum
    Cannie Chum

    Locations LLC

    Listing agent Cannie Chum (808) 735-4200 License #RB-22002

    Listing date Feb 11, 2026

    MLS# 202603611 Listing URL

    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.

    Learn more

    Property Insight Report

    Overview

    Kapolei Land with Approved Permits

    This corner lot in Makakilo offers panoramic ocean views and comes with an approved building permit from the Department of Planning and Permitting (DPP), allowing for immediate construction. The proposed plans include an 1,800 sq ft main residence and a 793 sq ft ADU, totaling 6 bedrooms and 3 bathrooms. The design incorporates 4 parking spaces. This property presents an opportunity to build and customize a new home with pre-approved plans.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Kapolei
    County
    Honolulu
    State
    Hawaii
    Longitude
    -158.091805
    Latitude
    21.347313

    Nearby Similar for Sale

    • $235,000

      Turn-Key Restaurant in Kapolei Village

      Established Pho restaurant in Kapolei Village Center for sale.
      4850 Kapolei Pkwy, Kapolei, HI 96707
      View Details
    • $200,000

      Operating Ramen Restaurant for Sale

      Fully operational ramen restaurant in high-traffic Kapolei location for sale.
      91-5431 Kapolei Pkwy, Kapolei, HI 96707
      View Details
    • $725,000
      720 SF

      Kapolei Retail Space: 720 SF

      Prime Kapolei retail space, 720 sq ft, loft, parking.
      1051 Kakala St, Kapolei, HI 96707
      View Details
    • Contact for pricing
      32,818 SF

      Kapolei Warehouse: 32,818 SF

      Industrial warehouse, fee simple ownership.
      91-1051 Enterprise St, Kapolei, HI 96707
      View Details
    • $399,000
      1,116 SF

      Halekuai Center Business Opportunity

      Kapolei Restaurant, Turn-Key Operation
      563 Farrington Hwy, Kapolei, HI 96707
      View Details
    • $1,595,500
      3,191 SF

      Kapolei Warehouse: $1.6M

      Industrial Condo, 3191 sq ft, Hawaii
      91-1965 Lauwiliwili St, Kapolei, HI 96707
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Corner lot with ocean views and approved building permits.
    Where is this residential land & home lot located?
    The property is located at 92-840 Wainohia St Kapolei, HI.
    What is the asking price?
    The asking price for this property is $710,000.
    What are key features of this property?
    This property features: - Approved building permit from DPP allows immediate construction.; - Panoramic ocean views from a corner lot in Makakilo.; - Proposed plans include a main residence (1,800 sq ft) and an ADU (793 sq ft).
    (808) 735-4200
    Request Owner's contact information
    92-840 Wainohia St Kapolei, HI 96707
    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.
    92-840 Wainohia St
    Kapolei, HI 96707
    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
    92-840 Wainohia St Kapolei, HI 96707
    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

    We can help!
    Listing Contact
    Cannie Chum
    Cannie Chum
    Real Estate License ID: RB-22002
    (808) 735-4200 (808) 772-9680
    Learn more
    Google sign-in failed. Please try again or use another login method.