Four-Suite Office
311-98-1247 Kaahumanu St, Aiea, HI 96701
For Sale
$575,000
A finished office layout includes a wet bar, private restroom, reception space, and two separate entrances.
Property Size1,143 SF
Price / SF$503.06
Days on Market238
Property Features for 311-98-1247 Kaahumanu St
General Information
Standard status
Size
Additional Details
Condition
Utilities to Site
Office Units
Tenant in Place
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
wet bar
private restroom
reception/waiting area
2 entrances
Listing Agency:
Coldwell Banker Comm Realty
Listed By:
Andriana Honda · License HI RS-86471
(808) 392-1906
Source:
Exprealty
Added: Mar 18
Changed: Nov 8
Last Checked: Nov 8 at 4:18PM
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.
This 1,143-square-foot office unit is arranged into four suites and includes a wet bar, private restroom, and reception and waiting space. Two entrances provide access to the unit. The property is currently tenant occupied.
Maintenance fees cover air conditioning, electricity, water, and sewer. On-site parking is available.
Maintenance fees cover air conditioning, electricity, water, and sewer. On-site parking is available.
Key Highlights
- 1,143‑square‑foot office unit configured with 4 suites
- Wet bar, private restroom, and reception and waiting area
- Two entrances serve the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,254
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$585,080
$585.1K
Cap Rate 7%
$417,914
$417.9K
Cap Rate 9%
$325,044
$325.0K
Market Conditions
NOI Build-Up for 1,143 SF
Gross rent
$44.6K $39.00/SF
− Vacancy
−$5.6K −$4.88/SF
EGI
$39.0K $34.13/SF
− OpEx
−$9.8K −$8.53/SF
NOI
$29.3K $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%
$585,080
Cap Rate 7%
$417,914
Cap Rate 9%
$325,044
Alternative Uses
Best Use
Office B
$417.9K
$365.7K – $487.6K
NOI $29,254 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$463.1K
$405.2K – $540.3K
NOI $32,416 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Office units
Yes
Utilities to site
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
$913,300
Median Home Value
Market
Average Price Trend$/SF for Office Units in Honolulu County, HI
Properties on Market for Office Units in Honolulu County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - A finished office layout includes a wet bar, private restroom, reception space, and two separate entrances.
Where is this office unit located?
The property is located at 311-98-1247 Kaahumanu St Aiea, HI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,143‑square‑foot office unit configured with 4 suites; Wet bar, private restroom, and reception and waiting area; Two entrances serve the unit
