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    98-1247 Kaahumanu St Aiea, HI 96701

    For Sale
    $1,000,000

    High-visibility Aiea lot, prime development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 0.3-acre commercial property located at 98-1247 Kaahumanu Street, Unit S1, Aiea, HI, presents a compelling investment opportunity for developers. Priced at $1,000,000, this site boasts an enviable location adjacent to the Mary Savio Medical Plaza, ensuring high traffic and excellent street visibility. The property's strategic position provides easy access to major freeways, enhancing its appeal and accessibility for potential businesses and customers. The substantial lot size offers significant development potential, allowing for a variety of commercial projects. Given its proximity to a medical plaza, possibilities include complementary medical services, retail spaces catering to medical professionals and patients, or other commercial ventures that benefit from the high foot and vehicle traffic generated by the medical facility. The property's prime location and development potential make it an attractive investment for those seeking a high-return opportunity in a thriving area. Serious inquiries are encouraged to explore the full potential of this exceptional commercial land. The absence of square footage information in the provided data prevents a more precise assessment of buildable area, but the significant lot size suggests ample room for a substantial development. Interested parties are advised to conduct their own due diligence to fully assess the development potential of this property.

    Property Features for 98-1247 Kaahumanu St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    13,068 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hawaii cancer care Oncologist Island Eye Center: ... Doctor Hamasaki Craig Y ... Internist Edwin Y Endo, ... Optometrist Edwin Y Endo, ... Optometrist

    Map

    City
    Aiea
    County
    Oahu
    State
    Hawaii
    Longitude
    -157.9532
    Latitude
    21.38846

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    FAQs

    What type of property is this?
    Commercial real estate - High-visibility Aiea lot, prime development opportunity.
    Where is this commercial real estate located?
    The property is located at 98-1247 Kaahumanu St Aiea, HI.
    What is the asking price?
    The asking price for this property is $1,000,000.
    (808) 392-1906
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    Realmo Value Estimation

    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.

    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.

    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
    98-1247 Kaahumanu St Aiea, HI 96701
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