Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    109 Waiko Rd Wailuku, HI 96793

    Sponsored
    For Sale
    $1,955,000

    1-Acre Industrial Lot, M-1 Zoning, 7 Lots

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 1-acre industrial property in Wailuku, Hawaii, presents a unique investment opportunity. Previously agricultural land, it has undergone a successful conversion to M-1 Light Industrial zoning. The property boasts seven individual lots, each with water, electrical, and telephone service already installed. The expansive 2.8 acres fronting East Waiko Road offers significant visibility and accessibility. Zoning permits a wide range of industrial uses, excluding apartment houses. The remaining acreage allows for most M-1 Light Industrial uses, excluding those permitted in B-1, B-2, or B-3 zoning districts, and apartment houses. However, dwelling units are permissible above or below the first floor of an approved industrial use. All necessary documentation is complete, including the Condominium Declaration, Condo Map, Bylaws, and Archeological Preservation plan. This meticulously prepared property is ready for immediate development, offering a compelling blend of location, infrastructure, and zoning flexibility. The asking price is $1,955,000.

    Property Features for 109 Waiko Rd

    General Information

    Property type
    Industrial properties
    Lot Size
    43,560 SF

    Building Details

    Year Built
    2015
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Map

    City
    Wailuku
    County
    Maui
    State
    Hawaii
    Longitude
    -156.4962
    Latitude
    20.85191

    Nearby Similar for Sale

    • $1,500,000
      0.06 Acres

      Wailuku Post-Production Audio Studio

      Turnkey post-production studio with Dolby Atmos mixing suite in Wailuku.
      800 Eha St, Wailuku, HI 96793
      View Details
    • $1,499,000
      0.18 Acres

      Wailuku Commercial Property with Buildings

      Unique Wailuku property featuring residential and commercial buildings.
      257 Market St, Wailuku, HI 96793
      View Details
    • New
      $1,710,000
      0.12 Acres

      Wailuku Mixed-Use Commercial Property

      Commercial building, duplexes, and carport with redevelopment potential in Wailuku.
      378 N Market St, Wailuku, HI 96793
      View Details
    • $1,200,000
      0.11 Acres

      Turnkey Bar Opportunity in Wailuku

      Thriving, fully licensed bar in Wailuku Arts District.
      45 N Market St, Wailuku, HI 96793
      View Details
    • $575,000

      Wailuku Corner End Office Unit

      Versatile Wailuku office unit with mountain views and dual-use potential.
      1129 E Lower Main St, Wailuku, HI 96793
      View Details
    • $899,000

      Refurbished Wailuku Office/Residential Property

      Refurbished Wailuku property suitable for office or residential use.
      1930 E Vineyard St, Wailuku, HI 96793
      View Details
    • $6,500,000
      0.51 Acres

      Wailuku Main St Investment

      Five parcels, high NOI, redevelopment potential.
      1942 Main St, Wailuku, HI 96793
      View Details
    • $6,500,000
      0.05 Acres

      Wailuku Main St Investment

      Five parcels, high NOI, redevelopment potential.
      1994 Main St, Wailuku, HI 96793
      View Details
    • $4,399,000
      2.13 Acres

      Wailuku Commercial Property - Huge Potential

      Prime Wailuku location, large building, high-yield solar.
      1005 Lower Main St, Wailuku, HI 96793
      View Details
    • $14,845,000
      8.55 Acres

      Wailuku Industrial Land - 8.55 Acres

      Prime Maui Industrial Land: 8.55 acres, 7 lots.
      109 Waiko Rd, Wailuku, HI 96793
      View Details
    • $1,725,000
      0.76 Acres

      Wailuku Industrial Land - Prime Location

      0.76-acre M-1 Light Industrial Lot
      109 Waiko Rd, Wailuku, HI 96793
      View Details
    • $6,500,000
      0.10 Acres

      Wailuku Commercial Portfolio

      Five-parcel Wailuku investment opportunity
      16 Maluhia Dr, Wailuku, HI 96793
      View Details

    FAQs

    What type of property is this?
    Industrial property - 1-Acre Industrial Lot, M-1 Zoning, 7 Lots
    Where is this industrial property located?
    The property is located at 109 Waiko Rd Wailuku, HI.
    What is the asking price?
    The asking price for this property is $1,955,000.
    (808) 591-6277
    Request Owner's contact information
    109 Waiko Rd Wailuku, HI 96793
    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.
    109 Waiko Rd
    Wailuku, HI 96793
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    109 Waiko Rd Wailuku, HI 96793
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.