Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lihue Flex Space For Rent Title is generated by Realmo AI

    4018 Rice St, Lihue, HI 96766

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Mixed-use flex space with offices, bathroom, and roll-up door.

    Type:Industrial
    Added:
    Dec 12, 2023
    Days on Market:
    906
    Last Refresh:
    May 12 at 9:13 pm

    Property Features for 4018 Rice St

    General Information

    Standard status
    Active
    Property subtype
    Industrial

    Building Details

    Year Built
    1966

    Spaces For Lease

    at 4018 Rice St Contact us

    Showroom/Warehouse/Storage $1.75/Mo

    Size
    7,938 SF
    Type
    Industrial
    Contact us

    We can help!

    Listing Contact
    Seann Hartnell

    Listing agent Seann Hartnell License #HI RS-85775

    Listing office RE/MAX Honolulu

    Listing date Dec 12, 2023

    Source Crexi

    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 RE/MAX Honolulu

    HighLights

    • Prime location on Rice Street with high visibility.
    • Mixed‑use flex space suitable for manufacturing, distribution, or retail.
    • Showroom with expansive windows for product display or customer interaction.
    • 8‑foot roll‑up door for easy access.
    • Includes 3 offices and an in‑house bathroom.
    • Ample parking available.

    Overview

    This mixed-use flex space features three offices and an in-house bathroom. The unit includes vaulted ceilings and an 8-foot roll-up door in the back. Located on Rice Street, the property is suitable for manufacturing, distribution, or retail businesses. The showroom area, with its large windows, can be used to display products or create a customer reception area. Ample parking and visibility are available. The property is situated between Ace Hardware, Kauai Pasta, and Napa Auto Parts, offering a location suitable for various businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hawai‘i Island Liquidators Home Decor Store Mind's Eye Interior Construction Company Lee's Furniture Furniture & Home Goods

    Map

    City
    Lihue
    County
    Kauai
    State
    Hawaii
    Longitude
    -159.3586837
    Latitude
    21.9686292

    Nearby Similar for Lease

    • $24 SF/Yr

      Warehouse Space Available For Lease

      Warehouse space available for lease in Lihue, Hawaii.
      4485 Pahee St, Lihue, HI 96766
      View Details
    • $30 SF/Yr

      Oceanfront Retail Space in Kauai

      Prime retail space in a high-traffic, tourist-driven location.
      3366 Waapa Rd, Lihue, HI 96766
      View Details
    • $24 SF/Yr

      Medical/Office Space Available for Rent

      Previously a dental office, ready for immediate occupancy.
      4381 Kukui Grove St, Lihue, HI 96766
      View Details
    • Contact for pricing

      Retail Space in Lihue Plaza

      Retail space for rent in revitalizing Lihue Town Plaza.
      4180 Rice St, Lihue, HI 96766
      View Details
    • $36 SF/Yr

      Proposed Warehouse in Puhi Industrial

      New warehouse for lease near downtown Lihue, Kauai.
      4254 Hanahao Pl, Lihue, HI 96766
      View Details

    FAQs

    What type of property is this?
    Flex space - Mixed-use flex space with offices, bathroom, and roll-up door.
    Where is this flex space located?
    The property is located at 4018 Rice St Lihue, HI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: Prime location on Rice Street with high visibility.; Mixed‑use flex space suitable for manufacturing, distribution, or retail.; Showroom with expansive windows for product display or customer interaction.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Seann Hartnell
    Real Estate License ID: HI RS-85775
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    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.

    Relative

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4018 Rice St, Lihue, HI 96766
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!