Medical Office
New
For Sale
$708,000
203-98-1247 Kaahumanu St, Aiea, HI 96701
The clinical layout includes an X-ray room, three exam rooms, and a private office.
Property Size1,388 SF
Price / SF$510.09
Days on Market4
Property Features for 203-98-1247 Kaahumanu St
General Information
Standard status
Active
Size
1,388 SF
Additional Details
Tenant in Place
Yes
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$9,348
Building Details
Tenancy
Multi
Listing Agency:
Coldwell Banker Comm Realty
Listed By:
Jordan P Chow · License #RB-21901
(808) 392-1906
Source:
Exprealty
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 4 at 3:05PM
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 Coldwell Banker Comm Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 203 at Mary Savio Medical Plaza is a 1,388-square-foot medical office in Aiea, Hawaii. Its layout includes an X-ray room, three exam rooms, a private office, a private restroom, and a separate room with a sink. The suite is currently tenant-occupied.
The property is located at 203-98-1247 Kaahumanu St. within a medical plaza serving independent healthcare practitioners and professionals.
The property is located at 203-98-1247 Kaahumanu St. within a medical plaza serving independent healthcare practitioners and professionals.
Key Highlights
- 1,388‑square‑foot medical office suite
- Includes an X‑ray room and 3 exam rooms
- Private office and private restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,524
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,480
$710.5K
Cap Rate 7%
$507,486
$507.5K
Cap Rate 9%
$394,711
$394.7K
Market Conditions
NOI Build-Up for 1,388 SF
Gross rent
$54.1K $39.00/SF
− Vacancy
−$6.8K −$4.88/SF
EGI
$47.4K $34.13/SF
− OpEx
−$11.8K −$8.53/SF
NOI
$35.5K $25.59/SF
Area
Honolulu County, HI
Vacancy
12.50%
Lease Rate
$39.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,480
Cap Rate 7%
$507,486
Cap Rate 9%
$394,711
Alternative Uses
Best Use
Office B
$507.5K
$444.1K – $592.1K
NOI $35,524 @ 7.0% cap · market cap 5.02%
Second Best
Healthcare Medical
$357.8K
$313.1K – $417.4K
NOI $25,044 @ 7.0% cap · market cap 3.54%
Theoretical Best
Specialty Retail
$562.3K
$492.1K – $656.1K
NOI $39,364 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Demographics for 96701, HI
42,833
Population
15,407
Households
2.8
Avg Household Size
45
Median Age
39%
College-Educated
94%
High-School Grad
25.3 sq mi
ZIP Area
1,693
Density / Sq Mi
$107,888
Median Household Income
$58,224
Median Earnings
$1,930
Median Rent
$913,300
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The clinical layout includes an X-ray room, three exam rooms, and a private office.
Where is this medical office space located?
The property is located at 203-98-1247 Kaahumanu St Aiea, HI.
What is the asking price?
The asking price for this property is $708,000.
What are key features of this property?
This property features: 1,388‑square‑foot medical office suite; Includes an X‑ray room and 3 exam rooms; Private office and private restroom
