Light Industrial Warehouse
For Sale
Contact for pricing
Pending
330 Ohukai Rd, Kihei, HI 96753
Fee-simple industrial condominium with ground-level warehouse space and permitted mezzanine, plus three parking spaces.
Property Size2,250 SF
Days on Market243
Property Features for 330 Ohukai Rd
General Information
Standard status
Pending
Size
2,250 SF
Class
B
Total Parking Spaces
3
Property subtype
Industrial, Mixed Use
Zoning
M-1 Light Industrial
Investment Type
Owner/User
Building Details
Year Built
2006
Buildings
1
Tenancy
Multi
Listing Agency:
Commercial Properties of Maui
Listed By:
Moe A. Sears · License #HI RB-20115
(808) 214-7776
Source:
Crexi
Added: Feb 24
Changed: Oct 16
Last Checked: Oct 24 at 2:36PM
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 Commercial Properties of Maui
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Investment Insights
Based on property information with market context.
Fee simple industrial condominium within Kihei Commercial Plaza, Building 1. Unit 115 includes approximately 2,250 SF of permitted interior area, comprised of approximately 1,125 SF of ground-level warehouse and approximately 825 SF of permitted mezzanine. An additional mezzanine area of approximately 300 SF exists, and the buyer should verify permits and compliance.
The property is located in the established Central Kihei industrial corridor and is zoned M-1 Light Industrial. It is described as a fit for contractor operations, service-related businesses, light manufacturing, warehousing, distribution, repair shop use, and retail uses, based on the listed zoning and intended versatility. The unit includes 3 parking spaces.
AOAO maintenance fees are approximately $650 per month and include water and trash service. Buyers are advised to conduct their own due diligence; information is deemed reliable but not guaranteed.
The property is located in the established Central Kihei industrial corridor and is zoned M-1 Light Industrial. It is described as a fit for contractor operations, service-related businesses, light manufacturing, warehousing, distribution, repair shop use, and retail uses, based on the listed zoning and intended versatility. The unit includes 3 parking spaces.
AOAO maintenance fees are approximately $650 per month and include water and trash service. Buyers are advised to conduct their own due diligence; information is deemed reliable but not guaranteed.
Key Highlights
- Fee‑simple industrial condominium in Kihei Commercial Plaza, Building 1
- Unit 115 has approx. 2,250 SF permitted interior area: approx. 1,125 SF ground‑level warehouse and 825 SF permitted mezzanine
- Additional mezzanine area approx. 300 SF; buyer to verify permits and compliance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,749
Cap Rate
5.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,980
$715.0K
Cap Rate 7%
$510,700
$510.7K
Cap Rate 9%
$397,211
$397.2K
Market Conditions
NOI Build-Up for 2,250 SF
Gross rent
$56.7K $25.20/SF
− Vacancy
−$1.7K −$0.76/SF
EGI
$55.0K $24.44/SF
− OpEx
−$19.2K −$8.56/SF
NOI
$35.7K $15.89/SF
Area
Maui County, HI
Vacancy
3.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$714,980
Cap Rate 7%
$510,700
Cap Rate 9%
$397,211
Alternative Uses
Best Use
Flex RnD
$510.7K
$446.9K – $595.8K
NOI $35,749 @ 7.0% cap · market cap 5.11%
Second Best
Warehouse
$483.9K
$423.4K – $564.6K
NOI $33,874 @ 7.0% cap · market cap 4.85%
Theoretical Best
Specialty Retail
$910.2K
$796.4K – $1.06M
NOI $63,714 @ 7.0% cap · market cap 9.12%
Zoning and permitted uses should be independently verified with authorities.
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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
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Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Fee-simple industrial condominium with ground-level warehouse space and permitted mezzanine, plus three parking spaces.
Where is this flex space located?
The property is located at 330 Ohukai Rd Kihei, HI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Fee‑simple industrial condominium in Kihei Commercial Plaza, Building 1; Unit 115 has approx. 2,250 SF permitted interior area: approx. 1,125 SF ground‑level warehouse and 825 SF permitted mezzanine; Additional mezzanine area approx. 300 SF; buyer to verify permits and compliance
