Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    47-833 Kamehameha Highway Kaneohe, HI 96744

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,600,000

    Expansive oceanfront property with direct access to the sea.

    Type:Lots & Land
    Lot size:
    0.34 Acres
    Added:
    Sep 23, 2025
    Days on Market:
    194
    Last Refresh:
    Apr 2 at 2:18 am

    Property Features for 47-833 Kamehameha Highway

    General Information

    Standard status
    Active
    Lot size
    0.34 Acres
    Property subtype
    Lots & Land

    We can help!

    Listing Contact
    Sean Lopez
    Sean Lopez

    Listing agent Sean Lopez License #RB-20233

    Listing office Kahala, Oahu

    Listing date Sep 23, 2025

    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 Kahala, Oahu

    Overview

    Oceanfront Land with Development Potential

    This oceanfront vacant land offers a unique opportunity with approximately 220 linear feet of direct ocean frontage. The property spans 14,811 square feet and consists of three separate lots: TMK 1-4-7-024-004 (2,215 sq ft), TMK 1-4-7-024-030 (6,026 sq ft), and TMK 1-4-7-024-031 (6,750 sq ft). Two of the lots are available for individual purchase, but all three are offered together at a discounted rate. This property is located in Kaneohe, HI, and provides immediate access to the sea.
    Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Kaneohe
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.811
    Latitude
    21.4417

    Nearby Similar for Sale

    • $699,000

      Kaneohe Land with Mountain Views

      Land in Kaneohe, build your dream home with mountain views.
      45-627 Anoi Road, Kaneohe, HI 96744
      View Details
    • $555,000

      Land Parcel in Kaneohe, HI

      Large land parcel in Kaneohe, Windward Oahu.
      47-254 Ahaolelo Road, Kaneohe, HI 96744
      View Details
    • $1,999,000

      Kaneohe Commercial Property with Dwelling

      Highly visible commercial property with live-work flexibility or rental income.
      47-723 Kamehameha Highway unit: A, Kaneohe, HI 96744
      View Details
    • $1,788,000

      Multi-Home Gem in Kaneohe Bay

      Multi-home property ideal for multi-generational living or rental income.
      47-174 Kamehameha Highway, Kaneohe, HI 96744
      View Details
    • $3,700,000

      Kaneohe Care Home Opportunity

      Care home property with expansion potential in Ahuimanu neighborhood.
      47-410 Ahuimanu Road, Kaneohe, HI 96744
      View Details
    • $1,710,000

      Kaneohe Four-Unit Multifamily Property

      Rare four-unit property with income potential in Kaneohe, Hawaii.
      47-325 Ahuimanu Road, Kaneohe, HI 96744
      View Details
    • $1,795,000
      1,836 SF

      Renovated Duplex in Kaneohe

      Legal duplex with new renovations and large lot in Kaneohe.
      45-217 Kailiwai Place, Kaneohe, HI 96744
      View Details
    • $750,000

      Kaneohe Land with Mountain Views

      Flat 5,000 sq ft lot with mountain and bay views.
      47-318 Waihee Road, Kaneohe, HI 96744
      View Details
    • $99,000

      Oceanfront Parcel in Kaneohe, HI

      Oceanfront parcel offering access to the ocean in Kaneohe.
      Kamehameha Highway lot: 46, Kaneohe, HI 96744
      View Details
    • $1,200,000

      Oceanfront Land in Kaneohe, HI

      Expansive oceanfront property with direct access to the sea.
      47-833 Kamehameha Highway unit: (Combo), Kaneohe, HI 96744
      View Details
    • $590,000

      Kaneohe Restaurant Opportunity For Sale

      Restaurant in Kaneohe Shopping Center with secure lease through 2030.
      45-934 Kamehameha Highway #1A2, Kaneohe, HI 96744
      View Details
    • $1,200,000

      Oceanfront Land Opportunity

      Expansive oceanfront property with direct access to the sea.
      47-833 Kamehameha Highway, #(Combo), Kaneohe, HI 96744
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - Expansive oceanfront property with direct access to the sea.
    Where is this waterfront land located?
    The property is located at 47-833 Kamehameha Highway Kaneohe, HI.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: Direct oceanfront property with approximately 220 linear feet of frontage.; Expansive 14,811 square foot lot.; Comprised of three separate lots.
    (808) 772-1405
    We can help!
    Listing Contact
    Sean Lopez
    Sean Lopez
    Real Estate License ID: RB-20233
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!