Search
Self-Storage Suites 208-209 and 307-308
For Sale
$2,975,000

94-515 Ukee Street, Waipahu, HI 96797

Fee-simple industrial storage suites with flexible layout and 10 deeded parking stalls.

Property Size6,528 SF
Price / SF$455.73
Days on Market105

Property Features for 94-515 Ukee Street

General Information

Standard status Active
Size 6,528 SF
Total Parking Spaces 10
Property subtype Industrial

Building Details

Building Size 6,528 SF
Year Built 1980
Listing Agency: Nexus Estates LLC
Listed By: Garrett H Kuroda · License #RB-23590
Source: Careyluxury
Added: Apr 20 Changed: Jul 31 Last Checked: Aug 1 at 11:12AM

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.

Fee-simple industrial space at Ukee Industrial Center in Waipio Gentry comprised of Suites 208/209 and 307/308, totaling approximately 6,528 square feet. The space previously operated as a self-storage facility and is presented with a flexible layout that can support industrial, warehouse, or service uses.

The property is located at 94-515 Ukee Street in Waipahu, HI, and includes 10 deeded parking stalls for tenant and customer access. The improvements were built in 1980.

This offering is configured for buyers seeking an owner-user or an investor position within an industrial setting at Ukee Industrial Center.

Key Highlights

  • Suites 208/209 and 307/308 at Ukee Industrial Center
  • Approximately 6,528 SF industrial space with flexible layout
  • Previously used as a self‑storage facility

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 (±1% cap)
NOI $104,016 @ 7.0% cap · market cap 3.50%
Second Best
Self Storage
$930.2K
$814.0K – $1.09M (±1% cap)
NOI $65,117 @ 7.0% cap · market cap 2.19%
Theoretical Best
Specialty Retail
$2.64M
$2.31M – $3.09M (±1% cap)
NOI $185,135 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Self storage facilities

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

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
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 - Fee-simple industrial storage suites with flexible layout and 10 deeded parking stalls.
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 $2,975,000.
What are key features of this property?
This property features: Suites 208/209 and 307/308 at Ukee Industrial Center; Approximately 6,528 SF industrial space with flexible layout; Previously used as a self‑storage facility
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