Waipahu Commercial Property on
94-875 Farrington Highway Waipahu, HI 96797
For Sale
$1,730,000
Pending
High-visibility commercial property in Waipahu's business district.
Property Size3,450 SF
Lot Size0.22 Acres
Days on Market291
Property Features for 94-875 Farrington Highway
General Information
- Standard status
- Pending
- Size
- 3,450 SF
- Lot size
- 0.22 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1969
Listing Agency:
CHINEN & ASSOCIATES, INC.
(808) 949-4148
Listed By:
MALCOLM T CHINEN
Source:
Corcoran
Added: Oct 10, 2025
Changed: Jul 6
Last Checked: Jul 23 at 7:45AM
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 CHINEN & ASSOCIATES, INC.
Investment Insights
Based on property information with market context.
Located on Farrington Highway in the business district of Waipahu, this fee simple property offers high visibility. The property is zoned BMX-3, presenting various current and future possibilities. It features a 3,450 square foot CMU and metal-framed structure on a 9,411 square foot land area. The property includes more than 4 parking stalls in front of the building. Situated near the Skyline rapid transit station, 7-Eleven, Taniokas, the Bus line, and a district park. Currently, the sublessee operates an auto repair business under a short-term lease.
Key Highlights
- High visibility location on Farrington Hwy in Waipahu's business district.
- Fee Simple ownership.
- BMX‑3 zoning offering diverse development possibilities.
Financial Insights For Retail
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 | $137.0k | $39.72 |
| − Vacancy | −$6.6k | −$1.91 |
| EGI | $130.5k | $37.81 |
| − OpEx | −$39.1k | −$11.34 |
| NOI | $91.3k | $26.47 |
3,450 SF · lease $39.72/SF/yr · vacancy 4.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.30M
$1.14M – $1.52M
NOI $91,319 @ 7.0% cap · market cap 5.28%
Second Best
Industrial
$646.7K
$565.9K – $754.5K
NOI $45,271 @ 7.0% cap · market cap 2.62%
Theoretical Best
Specialty Retail
$1.40M
$1.22M – $1.63M
NOI $97,842 @ 7.0% cap · market cap 5.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
808 Automotive
Auto Repair Shop
FAQs
What type of property is this?
Auto shop - High-visibility commercial property in Waipahu's business district.
Where is this auto shop located?
The property is located at 94-875 Farrington Highway Waipahu, HI.
What is the asking price?
The asking price for this property is $1,730,000.
What are key features of this property?
This property features: High visibility location on Farrington Hwy in Waipahu's business district.; Fee Simple ownership.; BMX‑3 zoning offering diverse development possibilities.
