Air-Conditioned Flex Office
330 Ohukai Road Kihei, HI 96793
For Sale
Contact for pricing
Air-conditioned flex unit with high ceilings, open layout, and a private restroom, in an M-1 zoned commercial plaza.
Property Size1,400 SF
Price / SF$407.14
Days on Market78
Property Features for 330 Ohukai Road
General Information
- Standard status
- Active
- Size
- 1,400 SF
- Property subtype
- Retail, Office
Listing Agency:
Colliers - Honolulu, Hawaii
(808) 870-1178
Listed By:
Charles Buckingham · License #HI 57944
Source:
Crexi
Added: May 7
Changed: Jul 23
Last Checked: Jul 23 at 6:04AM
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 Colliers - Honolulu, Hawaii
Investment Insights
Based on property information with market context.
This air-conditioned flex unit is offered for sale in a commercial plaza setting and includes a flexible open floor plan with high ceilings. The space also features a private restroom, making it well-suited for a range of light commercial uses. M-1 zoning supports a variety of potential uses, including showroom, light manufacturing, offices, storage, studio, and service-based business activities.
The unit is located in Kihei’s light industrial corridor, providing easy access to Piilani Highway. It is positioned to serve the broader South Maui market, including West Maui, Kahului, and Upcountry.
As a compact, configurable commercial unit, the layout supports both customer-facing and office-oriented setups, while the zoning provides breadth for day-to-day operating needs consistent with M-1 parameters.
The unit is located in Kihei’s light industrial corridor, providing easy access to Piilani Highway. It is positioned to serve the broader South Maui market, including West Maui, Kahului, and Upcountry.
As a compact, configurable commercial unit, the layout supports both customer-facing and office-oriented setups, while the zoning provides breadth for day-to-day operating needs consistent with M-1 parameters.
Key Highlights
- 1,400 SF air‑conditioned unit in Kihei Commercial Plaza
- Flexible open floor plan with high ceilings and a private restroom
- M‑1 zoning allowing uses such as showroom, light manufacturing, offices, storage, studio, and service‑based businesses
Financial Insights For Retail
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 | $50.4k | $36.00 |
| − Vacancy | −$2.6k | −$1.87 |
| EGI | $47.8k | $34.13 |
| − OpEx | −$14.3k | −$10.24 |
| NOI | $33.4k | $23.89 |
1,400 SF · lease $36.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$477.8K
$418.1K – $557.4K
NOI $33,445 @ 7.0% cap · market cap 5.87%
Second Best
Office B
$397.8K
$348.1K – $464.1K
NOI $27,846 @ 7.0% cap · market cap 4.89%
Theoretical Best
Specialty Retail
$566.3K
$495.6K – $660.7K
NOI $39,644 @ 7.0% cap · market cap 6.96%
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 - Air-conditioned flex unit with high ceilings, open layout, and a private restroom, in an M-1 zoned commercial plaza.
Where is this flex space located?
The property is located at 330 Ohukai Road Kihei, HI.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: 1,400 SF air‑conditioned unit in Kihei Commercial Plaza; Flexible open floor plan with high ceilings and a private restroom; M‑1 zoning allowing uses such as showroom, light manufacturing, offices, storage, studio, and service‑based businesses
