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 Market141
Property Features for 7-4525 Akia Rd
General Information
- Standard status
- Active
- Size
- 1,925 SF
Listing Agency:
Chaney, Brooks & Company, LLC
(808) 864-6464
Listed By:
Joseph T Haas · License #RB-15404
(808) 864-6464
Source:
Exprealty
Added: Mar 4
Changed: Jul 23
Last Checked: Jul 23 at 2:55AM
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 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 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
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
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
