Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    150 Hana Hwy Kahului, HI 96732

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,956 /Mo

    Available yard spaces for lease in central Kahului location.

    Type:Commercial
    Added:
    Jun 15, 2023
    Days on Market:
    1037
    Last Refresh:
    Apr 5 at 8:58 pm

    Property Features for 150 Hana Hwy

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    CHRISSY SWINK RS-81576

    Listing agent CHRISSY SWINK RS-81576

    Listing office COMMERCIAL PROP OF MAUI LLC

    Listing date Jun 15, 2023

    Source Corcoran

    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 COMMERCIAL PROP OF MAUI LLC

    Overview

    Kahului Yard Space For Lease

    Yard spaces are available for lease in a central Kahului location, conveniently situated off Hana Highway. The available spaces include: Yard Space 3, offering 9,891 square feet at $0.40 per square foot per month; Yard Space 4, providing 12,072 square feet at $0.40 per square foot per month; Yard Space 5, featuring 12,576 square feet at $0.32 per square foot per month; and Yard Space 6, which includes 21,517 square feet at $0.40 per square foot per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Keith's Welding General Contractor Admor HVAC Products ... Big Box & Wholesale Store 24 Hour Fitness Gym & Fitness Center La Chicana Burrito ... Restaurant The Club Maui Kahului Gym & Fitness Center

    Map

    City
    Kahului
    County
    Maui
    State
    Hawaii
    Longitude
    -156.46
    Latitude
    20.8894

    Nearby Similar for Lease

    • Contact for pricing

      Kahului Office Space Available

      Office space for rent in the heart of Kahului.
      251 Lalo St #B1/B2, Kahului, HI 96732
      View Details
    • Contact for pricing

      Kahului Office/Retail/Medical Space Available

      Prime lease opportunity with parking in Kahului, Hawaii.
      27 Puunene Ave, Kahului, HI 96732
      View Details
    • Contact for pricing

      High-Cube Warehouse with Showroom

      Versatile warehouse space with showroom, office, and mezzanine storage.
      250 Alamaha St, Kahului, HI 96732
      View Details
    • $2/mo

      Kahului Office Building For Rent

      Three-story office building in central Kahului with ocean and mountain views.
      140 Hoohana Street, Kahului, HI 96732
      View Details

    FAQs

    What type of property is this?
    Commercial land - Available yard spaces for lease in central Kahului location.
    Where is this commercial land located?
    The property is located at 150 Hana Hwy Kahului, HI.
    What is the lease rate?
    The lease rate is $3,956 /Mo.
    What are key features of this property?
    This property features: Large yard spaces available for lease.; Convenient central Kahului location off Hana Highway.; Multiple yard spaces available with varying square footage.
    (808) 244-2200
    We can help!
    Listing Contact
    CHRISSY SWINK RS-81576
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!