Industrial Condominium Flex
9-4525 Akia Rd Kapaa, HI 96746
9-4525 Akia Rd, Kapaa, HI, 96746
$770,000
For Sale
$770,000
Renovated flex/industrial condo unit with electric grade-level roll-up doors, walk-in access, and 7 deeded parking stalls.
Property Size1,925 SF
Price / SF$400
Days on Market139
Property Features for 9-4525 Akia Rd
General Information
- Standard status
- Active
- Size
- 1,925 SF
Listing agency
Chaney, Brooks & Company, LLC
(808) 544-1886
Listed by
Joseph T Haas
(808) 544-1886
Source
Exprealty
Added: Mar 4 Updated: Jul 20 at 5:16PM Checked: Jul 20 at 5:16PM
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 is a 1,925 SF commercial/industrial condominium unit within the 12-unit Oceanside Center at 4525 Akia Road in Kapaa. The property underwent an extensive renovation and condo conversion in 2019. The unit includes floor-to-ceiling sound insulated demising walls, and each unit is separately check-metered for electrical and water.
Operational features include oversized electric grade-level roll-up doors and a walk-in consumer door, with drive-in access provided by the walkway fronting the building. Each unit is assigned 7 deeded parking stalls, and the elevated parking lot has been recently paved and is secured with fencing and gates. The roof was painted with GE silicone roofing material and includes a 20-year labor and material warranty. Fire suppression is supported by three fire detectors connected to a central alarm monitoring company. The owner has also prepared plans for ADA-compliant restrooms for each unit.
Units 1 through 10 are available for purchase, either individually or in combination, providing flexibility for owner-users and investors seeking a larger footprint. Oceanside Center is currently 80% leased, and the secured site offers convenient access to the main highway with routes to Lihue and the North Shore of Kauai.
Operational features include oversized electric grade-level roll-up doors and a walk-in consumer door, with drive-in access provided by the walkway fronting the building. Each unit is assigned 7 deeded parking stalls, and the elevated parking lot has been recently paved and is secured with fencing and gates. The roof was painted with GE silicone roofing material and includes a 20-year labor and material warranty. Fire suppression is supported by three fire detectors connected to a central alarm monitoring company. The owner has also prepared plans for ADA-compliant restrooms for each unit.
Units 1 through 10 are available for purchase, either individually or in combination, providing flexibility for owner-users and investors seeking a larger footprint. Oceanside Center is currently 80% leased, and the secured site offers convenient access to the main highway with routes to Lihue and the North Shore of Kauai.
Key Highlights
- 1,925 SF commercial/industrial condominium unit in the 12‑unit Oceanside Center at 4525 Akia Road, Kapaa, Kauai
- Extensive renovation and condo conversion completed in 2019
- Each unit includes 7 deeded parking stalls and the walkway fronting the building allows drive‑in access
Local 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
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Renovated flex/industrial condo unit with electric grade-level roll-up doors, walk-in access, and 7 deeded parking stalls.
Where is this flex space located?
The property is located at 9-4525 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 condominium unit in the 12‑unit Oceanside Center at 4525 Akia Road, Kapaa, Kauai; Extensive renovation and condo conversion completed in 2019; Each unit includes 7 deeded parking stalls and the walkway fronting the building allows drive‑in access
