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    931 University Ave Honolulu, HI 96826

    Sponsored
    For Sale
    $40,000

    Honolulu Leasehold, High Visibility

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial leasehold opportunity is located at 931 University Avenue, Unit 207, Honolulu, HI 96826, within the well-known University Plaza building. Situated at the border of the Moiliili and Manoa neighborhoods, this property boasts excellent street visibility and convenient access to the H1 Freeway. The space features ample natural light, three stairways providing easy access to the second floor, and a private restroom. One reserved parking stall is included for commercial tenants, with additional on-site parking available for customers. The leasehold interest is available for $40,000 and offers a unique owner-user opportunity for a retail business or office. Current lease terms include a monthly rent of $1,101.17 plus Hawaii General Excise Tax (GET), a maintenance fee of $652.44, and real property taxes of $320.23. The leasehold expires on January 27, 2035. The property is zoned BMX-3. This prime location and attractive features make this a compelling investment prospect. Don't miss this chance to establish your business in a thriving Honolulu neighborhood.

    Property Features for 931 University Ave

    General Information

    Property type
    Land

    HighLights

    • $40,000 asking price for a commercial land property.
    • Leasehold interest in University Plaza, 931 University Avenue, Unit 207, Honolulu, HI 96826.
    • Located in Moiliili/Manoa, near H1 Freeway, with on‑site parking.
    • Features include natural light, street visibility, private restroom, and one reserved parking stall.
    • Suitable for retail or office use; leasehold expires January 27, 2035; current lease rent is $1,101.17 + GET, maintenance fee is $652.44, and RPT is $320.23.
    Property Profile Location Intelligence

    Current Use by Public Records

    L & L Franchise, ... Marketing Consultant Eddie Flores Real ... Real Estate School Dan Y.W. Au ... Insurance Agency Allstate Personal Financial ... Financial Consultant Nail story Nail Salon

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.821988
    Latitude
    21.2910979

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    FAQs

    What type of property is this?
    Land - Honolulu Leasehold, High Visibility
    Where is this land located?
    The property is located at 931 University Ave Honolulu, HI.
    What is the asking price?
    The asking price for this property is $40,000.
    What are key features of this property?
    This property features: $40,000 asking price for a commercial land property.; Leasehold interest in University Plaza, 931 University Avenue, Unit 207, Honolulu, HI 96826.; Located in Moiliili/Manoa, near H1 Freeway, with on-site parking.
    Request Owner's contact information
    931 University Ave Honolulu, HI 96826
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    Honolulu, HI 96826
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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.

    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.

    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.

    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
    931 University Ave Honolulu, HI 96826
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