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    45-428 Kamehameha Hwy Kaneohe, HI 96744

    For Sale
    $1,520,000

    Prime Kamehameha Hwy Location, Development Potential

    Property size:
    2,220 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property, located at 45-428 Kamehameha Highway in Kaneohe, Hawaii, presents a unique investment opportunity. Priced at $1,520,000, this 11,066 square foot lot features three separate buildings totaling approximately 2,220 square feet. The existing structures include a walk-in refrigerator, ample storage space, a warehouse area, and a bathroom. The property enjoys a highly visible location directly across from Hawaiian Memorial Park Cemetery on Kamehameha Highway, providing excellent accessibility and exposure. Its proximity to Likelike Highway and Pali Highway further enhances its strategic position. While the current square footage may not precisely match tax records, and the address discrepancy between tax maps and postal service records requires buyer verification, this presents a significant development opportunity. The property is zoned R-5, allowing for potential redevelopment according to zoning standards. Note that a flower shop currently operating on the site is not included in the sale

    Property Features for 45-428 Kamehameha Hwy

    General Information

    Property type
    Land
    Square Feet
    2,220 SF

    HighLights

    • Exceptional Kaneohe investment opportunity: $1,520,000.
    • 11,066 SF lot with three buildings totaling approx. 2,220 SF.
    • Features include walk‑in refrigerator, ample storage, warehouse, and bathroom.
    • High visibility on Kamehameha Hwy, across from Hawaiian Memorial Park.
    • Excellent access to Likelike & Pali Highways.
    • R‑5 zoning allows for potential redevelopment (buyer to verify zoning compliance).
    Property Profile Location Intelligence

    Current Use by Public Records

    Hāliipua Flowers & Things Florist

    Map

    City
    Kaneohe
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.7965498
    Latitude
    21.392042

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    FAQs

    What type of property is this?
    Land - Prime Kamehameha Hwy Location, Development Potential
    Where is this land located?
    The property is located at 45-428 Kamehameha Hwy Kaneohe, HI.
    What is the asking price?
    The asking price for this property is $1,520,000.
    What are key features of this property?
    This property features: Exceptional Kaneohe investment opportunity: $1,520,000.; 11,066 SF lot with three buildings totaling approx. 2,220 SF.; Features include walk-in refrigerator, ample storage, warehouse, and bathroom.
    Request Owner's contact information
    45-428 Kamehameha Hwy Kaneohe, HI 96744
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    45-428 Kamehameha Hwy Kaneohe, HI 96744
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