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

    1476 S Kihei Rd Kihei, HI 96753

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Turnkey office building with apartment in high-traffic Kihei location.

    Property Features for 1476 S Kihei Rd

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Jon Mccabe Rs-
    Source: Corcoran

    Listing Agency: COMMERCIAL PROP OF MAUI LLC Listing Agent: Jon Mccabe Rs-

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Remodeled Kihei Office Building

    This freestanding, fully remodeled office building presents a prime commercial opportunity in South Kihei. The 2,737 square foot structure is situated on a 43,990 square foot parcel along high-traffic South Kihei Road, offering exceptional visibility with exposure to over 15,000 vehicles per day. The building features ten private offices, a dedicated conference room, and a modern reception/showroom area. It is ideally suited for professional services, medical, design, or retail office use. Recent improvements include new air conditioning systems and solar panels for energy efficiency. A secure gated entry enhances the property. The upstairs two-bedroom, one-bath apartment provides flexibility for live/work use or additional rental income. Zoned B-2 Business Community, the property offers ample on-site parking, excellent accessibility, and strong curb appeal. This turnkey asset is located in a desirable commercial corridor.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Kihei
    County
    Maui
    State
    Hawaii
    Longitude
    -156.454986
    Latitude
    20.743105

    Nearby Similar for Sale

    • $525,000
      1,017 SF

      Kihei Commercial Condo For Sale

      Upgraded commercial condo in Kihei Commercial Plaza with ample storage.
      340 Ohukai Rd, Kihei, HI 96753
      View Details
    • $3,295,000
      4,085 SF

      Kihei Commercial Property For Sale

      Established commercial property on a large lot in Kihei, Hawaii.
      1746-a S Kihei Rd, Kihei, HI 96753
      View Details
    • $248,000

      Established Restaurant/Bar in Kihei

      Long-established Kihei restaurant/bar, a local and tourist favorite.
      145 N Kihei Rd, Kihei, HI 96753
      View Details
    • $489,000
      0.87 Acres

      Kihei Retail/Office Space For Sale

      Ground-floor retail or office space in Kihei, across from the ocean.
      1847 S Kihei Rd, Kihei, HI 96753
      View Details
    • New
      $1,500,000
      Pending

      Spacious Kihei Multi-Dwelling Property

      Two dwellings on a large lot near the beach.
      275 Kenolio Rd, Kihei, HI 96753
      View Details
    • $3,630,000
      4,384 SF

      Kihei Multi-Dwelling Estate For Sale

      Kihei multi-dwelling estate near the ocean with income potential.
      265 Kenolio Rd, Kihei, HI 96753
      View Details
    • $665,000
      1.49 Acres

      Kihei Commercial Condominium with Warehouse

      Commercial condominium with storefront and functional roll-up warehouse space.
      300 Ohukai Rd Rd, Kihei, HI 96753
      View Details
    • $2,395,000
      2,039 SF

      Renovated Beach-Style Home with Ohana

      Kihei home with permitted ohana, studio, and ocean views.
      151 Walua Pl, Kihei, HI 96753
      View Details
    • $764,000

      161 Wailea Ike Pl #B-107, Kihei, HI 96753

      Office Units
      161 Wailea Ike Pl, Kihei, HI 96753
      View Details
    • $3,295,000

      Kihei Road Business Zoned Location

      B-2 zoned location with high traffic and usable land.
      1746-A S Kihei Rd, Kihei, HI 96753
      View Details
    • $3,295,000

      Kihei Road Commercial Property

      B-2 zoned commercial property with high traffic potential.
      1746-A S Kihei Rd, Kihei, HI 96753
      View Details
    • Contact for pricing

      Kihei Commercial Plaza Industrial Condo

      M-1 zoned industrial condo in central Kihei location.
      330 Ohukai Rd, Kihei, HI 96753
      View Details

    FAQs

    What type of property is this?
    Office building - Turnkey office building with apartment in high-traffic Kihei location.
    Where is this office building located?
    The property is located at 1476 S Kihei Rd Kihei, HI.
    What are key features of this property?
    This property features: - High-traffic location on South Kihei Road with exceptional visibility.; - Turnkey, fully remodeled office building ready for immediate occupancy.; - Upper-level two-bedroom apartment for live/work use or rental income.
    (808) 244-2200
    Request Owner's contact information
    1476 S Kihei Rd Kihei, HI 96753
    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.
    1476 S Kihei Rd
    Kihei, HI 96753
    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
    1476 S Kihei Rd Kihei, HI 96753
    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

    We can help!
    Listing Contact
    Jon Mccabe Rs-
    (808) 244-2200
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!