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Warehouse with Loading Area

1626 Silva Street, Honolulu, HI 96819

For Sale
$1,900,000

Two-story concrete construction includes fenced parking and a separate loading area.

Property Size4,800 SF
Lot Size0.11 Acres
Price / SF$395.83
Days on Market253

Property Features for 1626 Silva Street

General Information

Standard status Active
Size 4,800 SF
Lot size 0.11 Acres
Property subtype Industrial
Zoning I-2

Site & Location

Neighborhood Iwilei
Fenced Yard Yes

Additional Details

Asking Price $2,150,000
Cold Storage Yes
Property Use Warehouse

Taxes and HOA fees

Annual Taxes $17,712

Amenities

private restroom and shower
washing machine/dryer

Building Details

Building Size 4,800 SF
Year Built 1945
Year Renovated 2026
Stories 2
Construction concrete
Listing Agency: I2C Realty, Ltd.
Listed By: Ronald YK Lee · License HI RB-18197
Source: Artiewilson
Added: Mar 3 Changed: Nov 8 Last Checked: Nov 9 at 2:20PM

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 I2C Realty, Ltd.

Rey
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Investment Insights

Based on property information with market context.

This two-story concrete warehouse sits on approximately 5,000 SF of fee-simple land zoned I-2 Industrial. The property includes a fenced parking and loading area, an air-conditioned storage room, a small walk-in cooler, and a private restroom with shower. A washer and dryer are also on site. The building is offered in its existing as-is condition.

Located in Kalihi Kai, the property is described as near the airport and harbor, with downtown Honolulu minutes away.

Key Highlights

  • Approximately 5,000 SF of fee‑simple land
  • I‑2 Industrial zoning
  • Two‑story concrete warehouse

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$76,483
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,660 $1.5M
Cap Rate 7%
$1,092,614 $1.1M
Cap Rate 9%
$849,811 $849.8K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$91.0K $18.96/SF
− Vacancy
−$1.0K −$0.21/SF
EGI
$90.0K $18.75/SF
− OpEx
−$13.5K −$2.81/SF
NOI
$76.5K $15.93/SF
Area
Honolulu County, HI
Vacancy
1.13%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,529,660
Cap Rate 7%
$1,092,614
Cap Rate 9%
$849,811

Alternative Uses

Best Use
Warehouse
$1.09M
$956.0K – $1.27M (±1% cap)
NOI $76,483 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.94M
$1.70M – $2.27M (±1% cap)
NOI $136,128 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Warehouses

Lease Details

Yes
Fenced yard

Location Intelligence

Demographics for 96819, HI

53,334
Population
13,287
Households
4
Avg Household Size
39
Median Age
22%
College-Educated
84%
High-School Grad
21.8 sq mi
ZIP Area
2,447
Density / Sq Mi
$96,346
Median Household Income
$40,897
Median Earnings
$1,789
Median Rent
$963,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Warehouses in Honolulu County, HI

$226 Jul
$258 Aug
$230 Sep
$224 Oct

Properties on Market for Warehouses in Honolulu County

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Two-story concrete construction includes fenced parking and a separate loading area.
Where is this warehouse located?
The property is located at 1626 Silva Street Honolulu, HI.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Approximately 5,000 SF of fee‑simple land; I‑2 Industrial zoning; Two‑story concrete warehouse
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Includes: Price & PSF · Cap rate · Location · Zoning

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