Kona Warehouse with Docking
73-4465 Paoo Street Kailua Kona, HI 96740
For Sale
$2,500,000
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 Market145
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
Year Built
2005
Listing Agency:
Go Commercial, LLC
(808) 987-6446
Listed By:
Gregory Ogin · License #HI #RB-16053
(808) 987-6446
Source:
Svn-go
Added: Mar 6
Changed: Jul 6
Last Checked: Jul 29 at 6:12AM
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 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 | $140.4k | $18.72 |
| − Vacancy | −$1.7k | −$0.22 |
| EGI | $138.7k | $18.50 |
| − OpEx | −$20.8k | −$2.77 |
| NOI | $117.9k | $15.72 |
7,500 SF · lease $18.72/SF/yr · vacancy 1.20% · expense 15.00%
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
Property Profile
Location Intelligence
Current Use
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
