Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2020 King St Honolulu, HI 96826

    For Sale
    $5,000,000

    Honolulu, HI: 5,102 SF, $5M

    Property size:
    5,102 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional mixed-use property at 2020 S King St, Honolulu, HI 96826 presents a compelling redevelopment opportunity. The 5,102 square foot building, constructed in 1962, sits on a substantial 13,062 square foot lot (APN: (1) 2-8-3: 6) and is zoned BMX-3. The asking price is $5,000,000, translating to $980.01 per square foot. This prime location offers high visibility and significant vehicle traffic on a major thoroughfare. The property benefits from its proximity to Waikiki and the University of Hawaii, ensuring high demand and strong potential for future development. An existing freestanding office building is on-site. Bill 7 allows for higher-density redevelopment, presenting a significant value-add opportunity and upside potential. The large, level lot and high barriers to entry due to limited available land make this a rare and highly desirable owner-user investment. This convenient urban Honolulu location offers a unique chance to capitalize on a thriving market. The property's high visibility and accessibility make it an ideal location for a variety of commercial uses.

    Property Features for 2020 King St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,102 SF

    Building Details

    Year Built
    1962

    HighLights

    • Large, level 13,062 sq ft lot.
    • Prime redevelopment site in Honolulu, zoned BMX‑3.
    • Bill 7 compliant, allowing for higher density development.
    • Owner‑user opportunity with existing freestanding office building.
    • Excellent location near Waikiki and the University of Hawaii.
    • High visibility on S. King Street, a major thoroughfare.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dm Pacific, Inc. General Contractor Pacific Architects Inc Architect Hawaii Ishizuchi Shrine Shinto Shrine

    Map

    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.8293374
    Latitude
    21.2951116

    Nearby Similar for Sale

    • $1,950,000
      2,799 SF

      Honolulu Multifamily Near University

      Renovated multifamily property near University of Hawaii and Waikiki.
      3741 Harding Ave, Honolulu, HI 96816
      View Details
    • $21,000,000

      Versatile Land in Honolulu

      76+ acres suitable for agriculture, entertainment, or redevelopment.
      3717 Manoa Rd, Honolulu, HI 96822
      View Details
    • $21,000,000

      Versatile Land in Honolulu, Hawaii

      76+ acres suitable for agriculture, entertainment, or redevelopment.
      3737 Manoa Rd, Honolulu, HI 96822
      View Details
    • $1,700,000

      Multifamily Property in Honolulu, HI

      Multifamily property with three units on a spacious lot.
      628 Kunawai Ln, Honolulu, HI 96817
      View Details
    • $1,544,000
      1,504 SF

      Two Detached Homes Near UH

      Two detached homes on a corner lot near UH.
      1708 Nakiu Pl, Honolulu, HI 96822
      View Details
    • $1,589,000

      Honolulu Multifamily Investment Opportunity

      Prime Honolulu investment property with income upside potential.
      1671 Citron St, Honolulu, HI 96826
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Honolulu, HI: 5,102 SF, $5M
    Where is this mixed-use property located?
    The property is located at 2020 King St Honolulu, HI.
    What is the asking price?
    The asking price for this property is $5,000,000.
    What are key features of this property?
    This property features: Large, level 13,062 sq ft lot.; Prime redevelopment site in Honolulu, zoned BMX-3.; Bill 7 compliant, allowing for higher density development.
    (808) 544-9561
    Request Owner's contact information
    2020 King St Honolulu, HI 96826
    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.
    2020 King St
    Honolulu, HI 96826
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2020 King St Honolulu, HI 96826
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.