Commercial Industrial Condo
For Sale
$770,000
4525 Akia Road Unit 8, Kapaa, HI 96746
Industrial condo with electric roll-up door, walk-in access, and 7 deeded parking stalls.
Property Size1,925 SF
Price / SF$400
Days on Market162
Property Features for 4525 Akia Road Unit 8
General Information
Standard status
Active
Size
1,925 SF
Total Parking Spaces
7
Property subtype
Commercial Sale / Warehouse
Occupancy
80%
Site & Location
Road Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Renovated
2019
Listing Agency:
Chaney, Brooks & Company, LLC
(808) 544-1886
Listed By:
Joseph T Haas · License #RB-15404
(808) 544-1886
Source:
Compass
Added: Feb 21
Changed: Jul 23
Last Checked: Jul 24 at 1:12PM
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
Investment Insights
Based on property information with market context.
This 1,925 SF commercial/industrial condominium unit is located within the 12-unit Oceanside Center and is offered as a fee simple interest. The project completed an extensive renovation and condo conversion in 2019. The unit features floor-to-ceiling sound-insulated demising walls, separately check-metered electrical and water, and an alarm system with three fire detectors connected to a central monitoring company. Each unit also includes plans for ADA-compliant restrooms.
The unit is equipped with an electric 12’ x 14’ grade level roll-up door and a walk-in consumer door. A walkway fronting the building allows drive-in access. The exterior was recently painted, and the elevated parking lot was recently paved with a fenced and gated perimeter.
Additional unit improvements include a roof system painted with a GE silicone roofing material with a 20-year labor and material warranty. Units 1 through 10 are currently available and may be purchased individually or in combination, with each unit including 7 deeded parking stalls. The seller notes potential mezzanine options to add floor area.
The unit is equipped with an electric 12’ x 14’ grade level roll-up door and a walk-in consumer door. A walkway fronting the building allows drive-in access. The exterior was recently painted, and the elevated parking lot was recently paved with a fenced and gated perimeter.
Additional unit improvements include a roof system painted with a GE silicone roofing material with a 20-year labor and material warranty. Units 1 through 10 are currently available and may be purchased individually or in combination, with each unit including 7 deeded parking stalls. The seller notes potential mezzanine options to add floor area.
Key Highlights
- 1,925 SF commercial/industrial condo unit in the 12‑unit Oceanside Center at 4525 Akia Road, Kapaa
- Extensive renovation and condo conversion completed in 2019; Units 1–10 available individually or in combination
- Each unit includes 7 deeded parking stalls plus drive‑in access via the walkway fronting the building
Financial Insights For Warehouse
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 | $41.6k | $21.60 |
| − Vacancy | −$499 | −$0.26 |
| EGI | $41.1k | $21.34 |
| − OpEx | −$6.2k | −$3.20 |
| NOI | $34.9k | $18.14 |
1,925 SF · lease $21.60/SF/yr · vacancy 1.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$498.8K
$436.5K – $582.0K
NOI $34,919 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$770.4K
$674.1K – $898.8K
NOI $53,927 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
80%
Occupancy
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Demographics for 96746, HI
19,991
Population
8,178
Households
2.4
Avg Household Size
43
Median Age
32%
College-Educated
95%
High-School Grad
29.8 sq mi
ZIP Area
671
Density / Sq Mi
$89,681
Median Household Income
$41,624
Median Earnings
$2,053
Median Rent
$830,500
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Industrial condo with electric roll-up door, walk-in access, and 7 deeded parking stalls.
Where is this warehouse located?
The property is located at 4525 Akia Road Unit 8 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: 1,925 SF commercial/industrial condo unit in the 12‑unit Oceanside Center at 4525 Akia Road, Kapaa; Extensive renovation and condo conversion completed in 2019; Units 1–10 available individually or in combination; Each unit includes 7 deeded parking stalls plus drive‑in access via the walkway fronting the building
