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Office Unit with Reception Area
For Sale
$369,000
Pending

300 Ohukai Rd Unit B-321, Kihei, HI 96753

A second-floor layout offers four private offices and a separate reception area.

Property Size834 SF
Days on Market134

Property Features for 300 Ohukai Rd Unit B-321

General Information

Standard status Pending
Size 834 SF
Property subtype Commercial-For Sale

Space & Availability

Floor 2nd floor
Condition Built-Out

Additional Details

Highway Access Yes
Tenant in Place Yes
Property Use Office

Building Details

Construction tilt-up concrete
Tenancy Single
Listing Agency: CardOneRealty Corp
Listed By: Mario J. Cardone RB-08644
Source: Lilikoirealty
Added: Jun 23 Changed: Nov 1 Last Checked: Nov 1 at 2:39AM

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 CardOneRealty Corp

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Investment Insights

Based on property information with market context.

This second-floor office unit is built out with four private offices and an entry office/reception area. The space is within a tilt-up concrete building with a glass front. It contains 834 square feet of gross leasable area and 749 square feet of net usable area.

The unit faces Manao Kala Street, just off Piilani Highway. An adjacent off-site parking area serves the building. State Farm currently occupies the unit.

Key Highlights

  • 834 square feet gross leasable area and 749 square feet net usable area
  • Four private offices plus an entry office/reception area
  • Second‑floor unit in a tilt‑up concrete building with a glass front

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,588
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,760 $331.8K
Cap Rate 7%
$236,971 $237.0K
Cap Rate 9%
$184,311 $184.3K
Market Conditions
NOI Build-Up for 834 SF
Gross rent
$26.0K $31.20/SF
− Vacancy
−$3.9K −$4.68/SF
EGI
$22.1K $26.52/SF
− OpEx
−$5.5K −$6.63/SF
NOI
$16.6K $19.89/SF
Area
Maui County, HI
Vacancy
15.00%
Lease Rate
$31.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$331,760
Cap Rate 7%
$236,971
Cap Rate 9%
$184,311

Alternative Uses

Best Use
Office B
$237.0K
$207.4K – $276.5K (±1% cap)
NOI $16,588 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$337.4K
$295.2K – $393.6K (±1% cap)
NOI $23,617 @ 7.0% cap · market cap 6.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Lease Details

Single-tenant
Tenancy
Yes
Highway access

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - A second-floor layout offers four private offices and a separate reception area.
Where is this office unit located?
The property is located at 300 Ohukai Rd Unit B-321 Kihei, HI.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 834 square feet gross leasable area and 749 square feet net usable area; Four private offices plus an entry office/reception area; Second‑floor unit in a tilt‑up concrete building with a glass front
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