Hilo Lagoon Center Office
105-101 Aupuni St Hilo, HI 96720
105-101 Aupuni St, Hilo, HI, 96720
$140,000
For Sale
$140,000
Air-conditioned office space with pond view in Hilo.
Property Size308 SF
Price / SF$454.55
Days on Market417
Property Features for 105-101 Aupuni St
General Information
- Standard status
- Active
- Size
- 308 SF
Listing Agency
Sunrise Properties LLC
(808) 895-4905
Listed by
Terry Schoneberg
(808) 895-4905
Source
Exprealty
Added: May 28, 2025 Checked: Jul 16 at 10:51 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sunrise Properties LLC
Investment Insights
Based on property information with market context.
This 308 square foot office space is located in the Hilo Lagoon Center. The unit features central air conditioning with a new handler. A sink has recently been installed. The property overlooks a koi pond. The building provides 24/7 security and is situated next to a park and a state building. The property is vacant and easy to show.
Key Highlights
- Fully air conditioned with central AC and NEW handler
- 24/7 building security
- Prime location next to State Building in Hilo Lagoon Center
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.8k | $22.20 |
| − Vacancy | −$991 | −$3.22 |
| EGI | $5.8k | $18.98 |
| − OpEx | −$1.5k | −$4.75 |
| NOI | $4.4k | $14.24 |
308 SF · lease $22.20/SF/yr · vacancy 14.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$62.6K
$54.8K – $73.1K
NOI $4,385 @ 7.0% cap · market cap 3.13%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$105.1K
$92.0K – $122.6K
NOI $7,358 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Air-conditioned office space with pond view in Hilo.
Where is this office units located?
The property is located at 105-101 Aupuni St Hilo, HI.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Fully air conditioned with central AC and NEW handler; 24/7 building security; Prime location next to State Building in Hilo Lagoon Center
