Light Industrial Warehouse
330 Ohukai Rd Kihei, HI 96753
For Sale
Contact for pricing
Fee-simple industrial condominium with ground-level warehouse space and permitted mezzanine, plus three parking spaces.
Property Size2,250 SF
Price / SF$310.67
Days on Market151
Property Features for 330 Ohukai Rd
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 2006
Listing Agency:
Commercial Properties of Maui
Listed By:
Jon McCabe · License #HI-27376
Source:
Crexi
Added: Feb 24
Changed: Jul 23
Last Checked: Jul 24 at 5:50PM
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
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 For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.7k | $25.20 |
| − Vacancy | −$1.7k | −$0.76 |
| EGI | $55.0k | $24.44 |
| − OpEx | −$19.2k | −$8.56 |
| NOI | $35.7k | $15.89 |
2,250 SF · lease $25.20/SF/yr · vacancy 3.00% · expense 35.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
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
