Waipio Gentry Industrial
For Sale
$3,100,000
94-515 Ukee Street, Waipahu, HI 96797
Industrial space in high-demand Waipio Gentry submarket.
Property Size6,528 SF
Price / SF$474.88
Days on Market105
Property Features for 94-515 Ukee Street
General Information
Standard status
Active
Size
6,528 SF
Property subtype
Commercial
Building Details
Year Built
1980
Listing Agency:
NEXUS ESTATES LLC
(808) 722-7775
Listed By:
GARRETT H KURODA
Source:
Corcoran
Added: Apr 20
Changed: Jul 10
Last Checked: Aug 1 at 6:07AM
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 NEXUS ESTATES LLC
Investment Insights
Based on property information with market context.
Located in Waipio Gentry at Ukee Industrial Center, this fee simple industrial space offers a rare opportunity in a tightly held market. The property, comprised of Suites 208/209 and 307/308, totals approximately 6,528 square feet and includes 10 deeded parking stalls. Previously utilized as a self-storage facility, the space provides a flexible layout suitable for industrial, warehouse, or service-oriented businesses. This property is ideal for either an owner-user or an investor looking to establish a position in a submarket characterized by high demand and limited supply.
Key Highlights
- Rare fee simple industrial space: a unique opportunity in the tightly held Waipio Gentry area.
- Substantial size: approximately 6,528 square feet, providing ample space.
- Flexible layout: suitable for industrial, warehouse, or service‑oriented businesses.
Financial Insights For Warehouse
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 | $123.8k | $18.96 |
| − Vacancy | −$1.4k | −$0.21 |
| EGI | $122.4k | $18.75 |
| − OpEx | −$18.4k | −$2.81 |
| NOI | $104.0k | $15.93 |
6,528 SF · lease $18.96/SF/yr · vacancy 1.13% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.49M
$1.30M – $1.73M
NOI $104,016 @ 7.0% cap · market cap 3.36%
Second Best
Industrial
$1.22M
$1.07M – $1.43M
NOI $85,661 @ 7.0% cap · market cap 2.76%
Theoretical Best
Specialty Retail
$2.64M
$2.31M – $3.09M
NOI $185,135 @ 7.0% cap · market cap 5.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Demographics for 96797, HI
78,109
Population
21,327
Households
3.7
Avg Household Size
41
Median Age
25%
College-Educated
90%
High-School Grad
19.3 sq mi
ZIP Area
4,047
Density / Sq Mi
$110,036
Median Household Income
$44,685
Median Earnings
$1,981
Median Rent
$798,600
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Self storage facility - Industrial space in high-demand Waipio Gentry submarket.
Where is this self storage facility located?
The property is located at 94-515 Ukee Street Waipahu, HI.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Rare fee simple industrial space: a unique opportunity in the tightly held Waipio Gentry area.; Substantial size: approximately 6,528 square feet, providing ample space.; Flexible layout: suitable for industrial, warehouse, or service‑oriented businesses.
