Kona Warehouse with Docking
For Sale
$2,500,000
73-4465 Paoo Street, Kailua Kona, HI 96740
7,500 sqft warehouse on 4.5 acres near Kona Airport.
Property Size7,500 SF
Lot Size4.50 Acres
Price / SF$333.33
Days on Market213
Property Features for 73-4465 Paoo Street
General Information
Standard status
Active
Size
7,500 SF
Lot size
4.50 Acres
Property subtype
Industrial
Building Details
Building Size
7,500 SF
Year Built
2005
Listing Agency:
GO COMMERCIAL, LLC
Listed By:
Gregory Ogin · License #HI #RB-16053
(808) 987-6446
Source:
Svn-go
Added: Mar 6
Changed: Sep 13
Last Checked: Oct 4 at 6:49AM
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 GO COMMERCIAL, LLC
Investment Insights
Based on property information with market context.
This property features a 7,500 square foot metal high bay warehouse with a docking bay. It is situated on 4.5 acres of land zoned MG-1a. The property is located approximately one mile south of Kona International Airport. The land is under a long-term lease expiring in 2060, with a current monthly rent of $5,888.77 (in 2025).
Key Highlights
- 7500 sq/ft Warehouse on 4.5 acres of Land
- Located near Kona International Airport
- Long term land lease expiring 2060
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$117,908
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,358,160
$2.4M
Cap Rate 7%
$1,684,400
$1.7M
Cap Rate 9%
$1,310,089
$1.3M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$140.4K $18.72/SF
− Vacancy
−$1.7K −$0.22/SF
EGI
$138.7K $18.50/SF
− OpEx
−$20.8K −$2.77/SF
NOI
$117.9K $15.72/SF
Area
Hawaii County, HI
Vacancy
1.20%
Lease Rate
$18.72 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,358,160
Cap Rate 7%
$1,684,400
Cap Rate 9%
$1,310,089
Alternative Uses
Best Use
Warehouse
$1.68M
$1.47M – $1.97M
NOI $117,908 @ 7.0% cap · market cap 4.72%
Second Best
Industrial
$1.39M
$1.21M – $1.62M
NOI $97,101 @ 7.0% cap · market cap 3.88%
Theoretical Best
Specialty Retail
$2.56M
$2.24M – $2.99M
NOI $179,172 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Demographics for 96740, HI
38,234
Population
19,119
Households
2
Avg Household Size
45
Median Age
35%
College-Educated
94%
High-School Grad
242.4 sq mi
ZIP Area
158
Density / Sq Mi
$94,091
Median Household Income
$42,605
Median Earnings
$1,692
Median Rent
$730,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - 7,500 sqft warehouse on 4.5 acres near Kona Airport.
Where is this warehouse located?
The property is located at 73-4465 Paoo Street Kailua Kona, HI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 7500 sq/ft Warehouse on 4.5 acres of Land; Located near Kona International Airport; Long term land lease expiring 2060
