Auto and Tire Repair
For Sale
$575,000
1203 N School Street, Honolulu, HI 96817
Existing auto and tire repair facility includes safety checks and cab and transport services.
Property Size2,376 SF
Price / SF$242
Days on Market178
Property Features for 1203 N School Street
General Information
Standard status
Active
Size
2,376 SF
Property subtype
Business
Site & Location
Neighborhood
Kamehameha Heights
Taxes and HOA fees
Annual Taxes
$9,564
Building Details
Building Size
2,376 SF
Listing Agency:
REAL ESTATE AGENCY LLC
Listed By:
Dave Dickey · License #RS-73032
(808) 852-8833
Source:
Careyluxury
Added: May 1
Changed: Oct 24
Last Checked: Oct 24 at 11:19PM
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 REAL ESTATE AGENCY LLC
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Investment Insights
Based on property information with market context.
This property operates as an auto and tire repair facility offering safety checks and cab and transport services. The current configuration is suited to ongoing automotive maintenance and related customer service activities.
The property is being offered for sale as a commercial real estate asset at 1203 N School St, Honolulu, HI.
If you are looking for a turnkey operating automotive use, this site is positioned for businesses focused on tire service, safety inspections, and related local transportation services.
The property is being offered for sale as a commercial real estate asset at 1203 N School St, Honolulu, HI.
If you are looking for a turnkey operating automotive use, this site is positioned for businesses focused on tire service, safety inspections, and related local transportation services.
Key Highlights
- Existing auto and tire repair facility
- Provides safety checks and cab and transport services
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,178
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,560
$623.6K
Cap Rate 7%
$445,400
$445.4K
Cap Rate 9%
$346,422
$346.4K
Market Conditions
NOI Build-Up for 2,376 SF
Gross rent
$45.0K $18.96/SF
− Vacancy
−$509 −$0.21/SF
EGI
$44.5K $18.75/SF
− OpEx
−$13.4K −$5.62/SF
NOI
$31.2K $13.12/SF
Area
Honolulu County, HI
Vacancy
1.13%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,560
Cap Rate 7%
$445,400
Cap Rate 9%
$346,422
Alternative Uses
Best Use
Retail
$898.4K
$786.1K – $1.05M
NOI $62,891 @ 7.0% cap · market cap 10.94%
Second Best
Industrial
$445.4K
$389.7K – $519.6K
NOI $31,178 @ 7.0% cap · market cap 5.42%
Theoretical Best
Specialty Retail
$962.6K
$842.3K – $1.12M
NOI $67,384 @ 7.0% cap · market cap 11.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Demographics for 96817, HI
56,823
Population
21,489
Households
2.6
Avg Household Size
46
Median Age
30%
College-Educated
84%
High-School Grad
9.3 sq mi
ZIP Area
6,110
Density / Sq Mi
$74,690
Median Household Income
$42,492
Median Earnings
$1,419
Median Rent
$930,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Auto shop - Existing auto and tire repair facility includes safety checks and cab and transport services.
Where is this auto shop located?
The property is located at 1203 N School Street Honolulu, HI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Existing auto and tire repair facility; Provides safety checks and cab and transport services
