Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Kapaa Commercial/Industrial Condo Unit Title is generated by Realmo AI

    4525 AKIA RD #7, Kapaa, HI 96746

    View on Map
    Claim this Listing
    For Sale
    $770,000

    Commercial/industrial condo unit with parking in Kapaa, Kauai.

    Type:Commercial
    Property size:
    1,925 SF
    Price / SF:
    $400/SF
    Added:
    Mar 4, 2026
    Days on Market:
    92
    Last Refresh:
    Apr 5 at 10:14 pm

    Property Features for 4525 AKIA RD #7

    General Information

    Standard status
    Active
    Size
    1,925 SF
    Property subtype
    Commercial

    We can help!

    Listing Contact
    JOSEPH T HAAS

    Listing agent JOSEPH T HAAS

    Listing office CHANEY, BROOKS & COMPANY, LLC

    Listing date Mar 4, 2026

    Source Corcoran

    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 CHANEY, BROOKS & COMPANY, LLC

    HighLights

    • Prime Kapaa location with easy highway access to Lihue and North Shore.
    • Excellent investment opportunity with Oceanside Center currently 80% leased.
    • Each unit includes 7 deeded parking stalls.
    • Oversized roll‑up doors (12’x14’ or 10'x10') provide drive‑in access.
    • Potential for expansion via mezzanine construction.
    • Secure parking lot with fence and gates.

    Overview

    This offering features a 1,925 square foot commercial/industrial condominium unit within the Oceanside Center, located at 4525 Akia Road, Kapaa, Kauai. The unit includes 7 deeded parking stalls. The Oceanside Center underwent an extensive renovation and condo conversion in 2019. Each unit is equipped with an electric 12’x14’ grade level door and a walk-in consumer door. The walkway fronting the building allows drive-in access. The units are separately check-metered for electrical and water. The units are constructed with floor to ceiling sound insulated steel studded demising walls. Each unit is equipped with 3 state-of-the-art fire detectors connected to a central alarm monitoring company. The roof was painted with a GE silicone roofing material which comes with a 20-year labor and material warranty. The exterior of the building was recently painted. The elevated parking lot was recently paved. The perimeter of the lot is secured with a fence and gates. The owner has prepared plans for ADA compliant restrooms for each unit. It may be possible to add additional floor area by constructing mezzanines in the units. The property is conveniently located in Kapaa with easy access to the main highway and readily accessible to Lihue and the North Shore of Kauai.

    Local 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 $76.5k $39.72
    − Vacancy −$3.7k −$1.91
    EGI $72.8k $37.81
    − OpEx −$21.8k −$11.34
    NOI $51.0k $26.47
    1,925 SF · lease $39.72/SF/yr · vacancy 4.80% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $727.9K
    $636.9K – $849.2K (±1% cap)
    NOI $50,954 @ 7.0% cap · market cap 6.62%
    Second Best
    Warehouse
    $498.8K
    $436.5K – $582.0K (±1% cap)
    NOI $34,919 @ 7.0% cap · market cap 4.53%
    Theoretical Best
    Specialty Retail
    $770.4K
    $674.1K – $898.8K (±1% cap)
    NOI $53,927 @ 7.0% cap · market cap 7.00%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Kapaa
    County
    Kauai
    State
    Hawaii
    Longitude
    -159.32
    Latitude
    22.0709

    Nearby Similar for Sale

    • $1,399,999
      2,718 SF

      Kapaa Multi-Family Opportunity

      Two homes on a quarter acre in Kapaa, Hawaii.
      4806 IIWI RD, Kapaa, HI 96746
      View Details
    • $1,399,999

      Kapaa Multi-Family Opportunity

      Two standalone homes in Kapaa, ideal for multi-gen living.
      4806 Iiwi Road, Kapaa, HI 96746
      View Details
    • $770,000
      1,925 SF

      Oceanside Center Commercial Condo Unit

      Commercial/industrial condo unit in Kapaa, Kauai with parking.
      4525 AKIA RD #3, Kapaa, HI 96746
      View Details
    • $770,000
      1,925 SF

      Kapaa Commercial/Industrial Condo Unit

      Commercial/industrial condo unit with parking in Kapaa, Kauai.
      4525 AKIA RD #6, Kapaa, HI 96746
      View Details
    • $770,000
      1,925 SF

      Kapaa Commercial/Industrial Condo Unit

      Commercial/industrial condo unit with parking in Kapaa, Kauai.
      4525 AKIA RD #4, Kapaa, HI 96746
      View Details
    • $770,000
      1,925 SF

      Kapaa Commercial/Industrial Condo Unit

      1,925 SF condo unit with 7 parking stalls in Kapaa.
      4525 AKIA RD #2, Kapaa, HI 96746
      View Details
    • $770,000
      1,925 SF

      Oceanside Center Commercial/Industrial Condo

      Commercial/industrial condo in Kapaa, Kauai with parking.
      4525 AKIA RD #2, Kapaa, HI 96746
      View Details
    • $1,500,000

      Kapaa Freestanding Restaurant Building For Sale

      Free-standing restaurant with parking on Kuhio Highway in Kapaa.
      4-985 Kuhio Highway, Kapaa, HI 96746
      View Details
    • $779,660
      1,949 SF

      Kapaa Commercial/Industrial Condo Unit

      1,949 SF condo with 7 parking stalls in Kapaa.
      4525 AKIA RD #10, Kapaa, HI 96746
      View Details
    • $770,000
      1,925 SF

      Kapaa Commercial Condo For Sale

      Commercial/industrial condo unit with parking in renovated Oceanside Center.
      4525 AKIA RD #5, Kapaa, HI 96746
      View Details
    • $1,890,000
      2,208 SF

      Kapaa Multifamily Property on 2+ Acres

      Two homes on 2.26 acres near Kapaa, Hawaii.
      6395 OLOHENA RD, Kapaa, HI 96746
      View Details
    • $1,633,000
      712 SF

      Kapaa Commercial Potential Property

      Classic plantation-style building with commercial potential in prime Kapaa location.
      04-1176 KUHIO HWY #1, Kapaa, HI 96746
      View Details

    FAQs

    What type of property is this?
    Flex space - Commercial/industrial condo unit with parking in Kapaa, Kauai.
    Where is this flex space located?
    The property is located at 4525 AKIA RD #7 Kapaa, HI.
    What is the asking price?
    The asking price for this property is $770,000.
    What are key features of this property?
    This property features: Prime Kapaa location with easy highway access to Lihue and North Shore.; Excellent investment opportunity with Oceanside Center currently 80% leased.; Each unit includes 7 deeded parking stalls.
    (808) 544-1600
    We can help!
    Listing Contact
    JOSEPH T HAAS
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4525 AKIA RD #7, Kapaa, HI 96746
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!