Waianae Mixed-Use/Industrial
87-166 Farrington Hwy Waianae, HI 96792
87-166 Farrington Hwy, Waianae, HI, 96792
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For Sale
Contact for pricing
Mixed-use and industrial property available in Waianae, Hawaii.
Property Size3,600 SF
Price / SF$472.22
Days on Market893
Property Features for 87-166 Farrington Hwy
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 1989
Listing agency
CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii
(808) 387-3444
Listed by
Kelly Vea · License #Hawaii
Source
Crexi
Added: Feb 9, 2024 Updated: Jul 6 at 8:32AM Checked: Jul 21 at 6:56AM
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 CUSHMAN & WAKEFIELD | ChaneyBrooks - Honolulu, Hawaii
Investment Insights
Based on property information with market context.
This mixed-use and industrial property is available for sale. The property offers a total size of 3,600 square feet and is located in Waianae, Hawaii.
Key Highlights
- Property website available: Access detailed information and visuals.
- Built in 1989: A well‑established property with potential for updates and customization.
Local Financial Insights For Mixed Use
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 | $108.0k | $30.00 |
| − Vacancy | −$8.6k | −$2.40 |
| EGI | $99.4k | $27.60 |
| − OpEx | −$37.3k | −$10.35 |
| NOI | $62.1k | $17.25 |
3,600 SF · lease $30.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$887.1K
$776.3K – $1.04M
NOI $62,100 @ 7.0% cap · market cap 3.65%
Second Best
Industrial
$674.8K
$590.5K – $787.3K
NOI $47,239 @ 7.0% cap · market cap 2.78%
Theoretical Best
Specialty Retail
$1.46M
$1.28M – $1.70M
NOI $102,096 @ 7.0% cap · market cap 6.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
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FAQs
What type of property is this?
Mixed-use property - Mixed-use and industrial property available in Waianae, Hawaii.
Where is this mixed-use property located?
The property is located at 87-166 Farrington Hwy Waianae, HI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Property website available: Access detailed information and visuals.; Built in 1989: A well‑established property with potential for updates and customization.
