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Property profile & analytics
FOR SALE
Commercial real estate

650 Kilani Ave Wahiawa, HI 96786

6,572 SF 0.23 ac lot Built 1957
Entity Owned 2-yr Hold Free & Clear
Property ID
US24-0345570
Property summary
AI-generated overview

This exceptional commercial property at 650 Kilani Avenue, Wahiawa, HI, presents a significant investment opportunity. The property encompasses a substantial 0.23-acre lot (9,964 square feet) zoned B-2, offering considerable flexibility for a variety of commercial uses. The existing 6,572-square-foot free-standing building is constructed of concrete block and features a well-designed layout. The interior includes ample office space, perfectly suited for administrative functions or a showroom. Two repair bays, equipped with automotive lifts, are ideal for automotive-related businesses or any operation requiring heavy-duty workspace. A large storage area provides ample space for inventory or equipment. Convenient restrooms are also included within the building. The property boasts a paved front parking area with sufficient space for multiple vehicles, ensuring convenient access for customers and employees. A driveway easement on the right side of the property provides access to the rear, enhancing logistical efficiency. The previous occupant was a used car dealership, which has vacated the premises

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1957
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,572 SF
Lot 0.23 ac (9,964 SF)
Zoning code B-2
APN 1-7-4-005-032
UPID US24-0345570
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Abundant Life Church Church
  • Star Auto Wahiawa Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.00M
CAP Approach CAP
$1.75M
Comparable Approach Comparable
$1.21M
Blend (final) Blend
$2.00M
Owner & transaction history
656 Kilani LLC · 2 yrs held
656 Kilani LLC
since 2024
Last sale
$2.0M
6 recorded transactions
2026
Price N/A
2026
Price N/A
2024
Price N/A
2023
Price N/A
2021
$2.0M
2018
Price N/A
Zoning & alternative use
B-2 · Wahiawa, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $2.7M +10.6%
Industrial (general) $2.7M +9.9%
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More about this property
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