Industrial Condo with Roll-Up
7-4525 Akia Rd, Kapaa, HI 96746
For Sale
$770,000
Renovated 1,925 SF industrial condominium unit with seven deeded parking stalls and electric grade-level roll-up access.
Property Size1,925 SF
Price / SF$400
Days on Market249
Property Features for 7-4525 Akia Rd
General Information
Standard status
Size
Total Parking Spaces
Occupancy
Site & Location
Highway Access
Road Access
Fenced Yard
Utilities to Site
Additional Details
Drive-In Doors
Taxes and HOA fees
Annual Taxes
Amenities
secure parking lot
fire alarm system
separate utility metering
ADA restroom plans
drive-in access
Building Details
Year Renovated
Tenancy
Listing Agency:
Chaney, Brooks & Company, LLC
(808) 544-1600
Listed By:
Joseph T Haas · License #RB-15404
(808) 864-6464
Source:
Exprealty
Added: Mar 3
Changed: Oct 26
Last Checked: Nov 6 at 12:45PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering includes a renovated 1,925 SF commercial/industrial condominium unit within the 12-unit Oceanside Center. The project completed an extensive renovation and condo conversion in 2019. The unit includes seven deeded parking stalls and features oversized electric grade-level roll-up doors, along with a walk-in consumer door. The building’s walkway fronts the property and provides drive-in access.
The condominium configuration includes floor-to-ceiling sound insulated steel studded demising walls, and the unit is separately check-metered for electrical and water. The project also includes a fire suppression system with three fire detectors per unit connected to a central alarm monitoring company. The roof was painted with GE silicone roofing material and includes a 20-year labor and material warranty, and the exterior of the building has recently been painted.
The owner has prepared plans for ADA-compliant restrooms for each unit, and the elevated parking lot was recently paved and secured with fencing and gates. Units 1 through 10 are currently available for purchase individually or in combination.
The condominium configuration includes floor-to-ceiling sound insulated steel studded demising walls, and the unit is separately check-metered for electrical and water. The project also includes a fire suppression system with three fire detectors per unit connected to a central alarm monitoring company. The roof was painted with GE silicone roofing material and includes a 20-year labor and material warranty, and the exterior of the building has recently been painted.
The owner has prepared plans for ADA-compliant restrooms for each unit, and the elevated parking lot was recently paved and secured with fencing and gates. Units 1 through 10 are currently available for purchase individually or in combination.
Key Highlights
- 1,925 SF commercial/industrial condo unit in the 12‑unit Oceanside Center at 4525 Akia Road, Kapaa (7 deeded parking stalls)
- Extensive renovation and condo conversion completed in 2019; Units 1–10 available for purchase individually or in combination
- Each unit includes seven deeded parking stalls and drive‑in access via walkway fronting the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,919
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,380
$698.4K
Cap Rate 7%
$498,843
$498.8K
Cap Rate 9%
$387,989
$388.0K
Market Conditions
NOI Build-Up for 1,925 SF
Gross rent
$41.6K $21.60/SF
− Vacancy
−$499 −$0.26/SF
EGI
$41.1K $21.34/SF
− OpEx
−$6.2K −$3.20/SF
NOI
$34.9K $18.14/SF
Area
Kauai County, HI
Vacancy
1.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,380
Cap Rate 7%
$498,843
Cap Rate 9%
$387,989
Alternative Uses
Best Use
Warehouse
$498.8K
$436.5K – $582.0K
NOI $34,919 @ 7.0% cap · market cap 4.53%
Second Best
Flex RnD
$471.9K
$412.9K – $550.6K
NOI $33,033 @ 7.0% cap · market cap 4.29%
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.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Drive-in doors
80%
Occupancy
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
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
$830,500
Median Home Value
Market
Average Price Trend$/SF for Flex space in Kauai County, HI
Properties on Market for Flex space in Kauai County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Renovated 1,925 SF industrial condominium unit with seven deeded parking stalls and electric grade-level roll-up access.
Where is this flex space located?
The property is located at 7-4525 Akia Rd 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 (7 deeded parking stalls); Extensive renovation and condo conversion completed in 2019; Units 1–10 available for purchase individually or in combination; Each unit includes seven deeded parking stalls and drive‑in access via walkway fronting the building
