Flex Space with Roll-Up
300 Ohukai Rd, Kihei, HI 96753
For Sale
New
$650,000
Commercial, Kihei, HI
Property Size1,332 SF
Price / SF$487.99
Days on Market2
Property Features for 300 Ohukai Rd
General Information
Property type
Property subtype
Subdivision
Standard status
Size
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Mixed-Use Components
Taxes and HOA fees
HOA Fee
Utilities
Water front
Listing Agency:
Hawaii Life (W)
(800) 667-5028
Listed By:
Tom Tezak · License HI RB-21167
(808) 280-2055
Added: Nov 12
Last Checked: Nov 13 at 11:06PM
MLS# 411409
Copyright © 2026 Realtors ® Association of Maui, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,332-square-foot commercial condo in Kihei has a retail storefront, private office, warehouse area, and storage mezzanine. A 12-foot overhead roll-up door serves the warehouse. Luxury vinyl plank flooring is installed in the storefront, office, and mezzanine areas.
The sale covers the real property only; the operating business is excluded. It is currently occupied under a month-to-month lease.
The sale covers the real property only; the operating business is excluded. It is currently occupied under a month-to-month lease.
Key Highlights
- 1,332‑square‑foot commercial condo in Kihei
- 12‑foot overhead roll‑up door serving the warehouse area
- Retail storefront, private office, warehouse area, and storage mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,821
Cap Rate
4.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,420
$636.4K
Cap Rate 7%
$454,586
$454.6K
Cap Rate 9%
$353,567
$353.6K
Market Conditions
NOI Build-Up for 1,332 SF
Gross rent
$48.0K $36.00/SF
− Vacancy
−$2.5K −$1.87/SF
EGI
$45.5K $34.13/SF
− OpEx
−$13.6K −$10.24/SF
NOI
$31.8K $23.89/SF
Area
Maui County, HI
Vacancy
5.20%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,420
Cap Rate 7%
$454,586
Cap Rate 9%
$353,567
Alternative Uses
Best Use
Retail
$454.6K
$397.8K – $530.4K
NOI $31,821 @ 7.0% cap · market cap 4.90%
Second Best
Flex RnD
$302.3K
$264.6K – $352.7K
NOI $21,164 @ 7.0% cap · market cap 3.26%
Theoretical Best
Specialty Retail
$538.8K
$471.5K – $628.7K
NOI $37,719 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Demographics for 96753, HI
27,611
Population
18,294
Households
1.5
Avg Household Size
47
Median Age
35%
College-Educated
95%
High-School Grad
36.4 sq mi
ZIP Area
759
Density / Sq Mi
$87,948
Median Household Income
$44,157
Median Earnings
$2,076
Median Rent
$958,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Maui County, HI
Properties on Market for Flex space in Maui County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - A commercial condo combines customer-facing space, a private office, warehouse area, and elevated storage.
Where is this flex space located?
The property is located at 300 Ohukai Rd Kihei, HI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1,332‑square‑foot commercial condo in Kihei; 12‑foot overhead roll‑up door serving the warehouse area; Retail storefront, private office, warehouse area, and storage mezzanine
