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    87-166 Farrington Hwy Waianae, HI 96792

    For Sale
    $1,700,000

    Owner-user opportunity: 3,600 sq ft flex warehouse.

    Property size:
    3,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional owner-user opportunity presents a well-maintained 3,600 square foot flex/warehouse building situated on a 10,000 square foot lot in Waianae, Hawaii (96792). Located on Farrington Highway, this prime location boasts high visibility and traffic. The property features a desirable elevated site, mitigating flood risk, and includes a No Further Action letter from the Department of Health confirming the removal of underground storage tanks. The building itself offers a versatile layout, including a spacious warehouse area with high ceilings (ranging from 19.3 to 21.8 feet), two 13.6 ft x 11.6 ft roll-up doors, and a separate office space (28.5 ft x 38.7 ft x 7.9 ft). Additional features include ample on-site parking (with potential for double or triple parking), two upstairs restrooms and one downstairs, and an upstairs caretaker's unit complete with a kitchen, living room, bedroom, and two bathrooms. The building's dimensions are 28.7 feet wide by 39 feet wide, with an open middle bay. The property is zoned B-1 and offers significant potential for a variety of uses. Asking price is $1,700,000 ($472.22/sq ft). APN: (1) 8-7-11-1. Built in 1989.

    Property Features for 87-166 Farrington Hwy

    General Information

    Property type
    Distribution properties
    Square Feet
    3,600 SF

    Building Details

    Year Built
    1989

    HighLights

    • Owner‑user opportunity: Fee simple ownership ideal for owner‑occupancy.
    • Well‑maintained 3,600 SF flex/warehouse building on a 10,000 SF lot.
    • Prime Farrington Highway location with high visibility and traffic.
    • Elevated site mitigates flood risk; No Further Action letter from the Department of Health for removed underground storage tanks.
    • Building features 19.3' - 21.8' high ceilings, two 13.6' x 11.6' roll‑up doors, and a 28.5' x 38.7' office.
    • Upstairs caretaker's unit with kitchen, living room, bedroom, and two bathrooms; three total restrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Map

    City
    Waianae
    County
    Honolulu
    State
    Hawaii
    Longitude
    -158.1780052
    Latitude
    21.4248997

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    FAQs

    What type of property is this?
    Distribution property - Owner-user opportunity: 3,600 sq ft flex warehouse.
    Where is this distribution 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: Owner-user opportunity: Fee simple ownership ideal for owner-occupancy.; Well-maintained 3,600 SF flex/warehouse building on a 10,000 SF lot.; Prime Farrington Highway location with high visibility and traffic.
    Request Owner's contact information
    87-166 Farrington Hwy Waianae, HI 96792
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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

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    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
    87-166 Farrington Hwy Waianae, HI 96792
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