Commercial Industrial Condo
4525 Akia Road Unit 8 Kapaa, HI 96746
4525 Akia Road Unit 8, Kapaa, HI, 96746
$770,000
For Sale
$770,000
Industrial condo with electric roll-up door, walk-in access, and 7 deeded parking stalls.
Property Size1,925 SF
Price / SF$400
Days on Market152
Property Features for 4525 Akia Road Unit 8
General Information
- Standard status
- Active
- Size
- 1,925 SF
- Property subtype
- Commercial Sale / Warehouse
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 Updated: Jul 23 at 12:04AM Checked: Jul 23 at 12:04AM
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 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
Local 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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Warehouses
Similar For Sale Nearby
FAQs
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
