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    94-129 Leokane St Waipahu, HI 96797

    Sponsored
    For Sale
    $4,350,000

    22,743 SF Warehouse, Excellent Location

    Property size:
    22,743 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional owner-user opportunity presents a 22,743-square-foot warehouse located at 94-129 Leokane Street, Waipahu, HI 96797. Priced at $4,350,000 ($191.27/sq ft), this fee simple property offers significant advantages. Built in 1970 and effectively renovated in 1980, the warehouse boasts a high cube design with 26-foot clearance, reaching 30 feet in the center, ideal for various industrial uses. The open layout allows for easy truck access and loading. Ample storage is provided by multiple mezzanine levels. The property features 3-phase power and is secured by a chain-link fence and gates. Parking is available both in front of the building and on the street. Situated on a 20,000-square-foot lot (APN: (1) 9-4-49: 44) and zoned I-2, this warehouse enjoys a convenient location within the Waipahu Industrial Park, offering easy access to the H-1 Freeway, Farrington Highway, and Fort Weaver Road. Its proximity to the newly opened Skyline, Farrington/Leoku rail station places it within a transit-influenced zone (TIZ) precinct, benefiting from integrated land use and transportation planning. This is a rare opportunity to acquire a well-located, functional warehouse in a thriving industrial area.

    Property Features for 94-129 Leokane St

    General Information

    Property type
    Distribution properties
    Square Feet
    22,743 SF

    HighLights

    • Fee simple ownership; owner‑user opportunity.
    • Ample parking available on‑site and street parking.
    • High‑bay warehouse with drive‑in access for easy loading.
    • Multiple mezzanine levels provide substantial extra storage.
    • High ceilings: 26 feet and 30 feet at the center.
    • Three‑phase power installed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bayview Insurance: Allstate ... Insurance Agency

    Map

    City
    Waipahu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -158.017709
    Latitude
    21.3759412

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    FAQs

    What type of property is this?
    Distribution property - 22,743 SF Warehouse, Excellent Location
    Where is this distribution property located?
    The property is located at 94-129 Leokane St Waipahu, HI.
    What is the asking price?
    The asking price for this property is $4,350,000.
    What are key features of this property?
    This property features: Fee simple ownership; owner-user opportunity.; Ample parking available on-site and street parking.; High-bay warehouse with drive-in access for easy loading.
    Request Owner's contact information
    94-129 Leokane St Waipahu, HI 96797
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    Realmo Value Estimation

    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.

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    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.

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    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.

    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
    94-129 Leokane St Waipahu, HI 96797
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