Property profile

931 University Ave Honolulu, HI 96826

OFF-MARKET
Commercial land
Property ID
US24-0286008
0.81 ac lot
Entity Owned Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional mixed-use property, located at 931 University Avenue in Honolulu, Hawaii, presents a unique investment opportunity. The 620-square-foot space is situated on the third floor of a building in a high-traffic area known for its robust customer flow. Its strategic location on University Avenue places it within easy reach of both Waikiki and Ala Moana, two of Honolulu's most vibrant and popular districts. The property's bylaws explicitly permit both residential and commercial uses, offering considerable flexibility for potential buyers. This versatility allows for a wide range of development possibilities, catering to diverse business needs or providing a unique live-work opportunity. Adding to its appeal, the unit comes with one designated parking stall. The parking placard associated with this stall grants access to any available reserved parking space within the building, eliminating the common parking hassles often associated with urban properties. The 0.81-acre lot provides ample space and potential for future development or expansion. Priced at $100,000, this property represents a compelling investment in a prime Honolulu location with significant upside potential. The combination of location, versatility, and included parking makes this a truly exceptional opportunity.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.81 ac (35,279 SF)
Zoning code A-2
APN 1-2-7-016-002
UPID US24-0286008

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Advertising Agency Marketing & Advertising
  • Vocational School Training Center
  • Insurance Agency
  • Financial Advisor
  • Nail Salon

Location

931 University Ave Honolulu, HI 96826-3263
Honolulu metro Census 2302 URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

since 2026
7 recorded transactions
2026
Price N/A
2026
Price N/A
2026
$195,000
2025
Price N/A
2025
$255,000
2025
Price N/A
2024
Price N/A

Zoning & alternative use

A-2 · Honolulu, HI
Zoning description

for low density, multifamily dwellings. It may be applied as a buffer between residential districts and other more intense, noncompatible districts. It would be applicable throughout the city. (c) The intent of the A-2 m…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 931 University Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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