Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    98-019 Kamehameha Highway #3&4 Aiea, HI 96701

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $325,000

    Existing business with prime street frontage and expansion potential.

    Type:Commercial
    Added:
    Nov 27, 2025
    Days on Market:
    125
    Last Refresh:
    Mar 25 at 8:16 pm

    Property Features for 98-019 Kamehameha Highway #3&4

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1974

    We can help!

    Listing Contact
    DEREK K PAVAO

    Listing agent DEREK K PAVAO

    Listing office WELCOME HOME HAWAII REALTY LLC

    Listing date Nov 27, 2025

    Source Corcoran

    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 WELCOME HOME HAWAII REALTY LLC

    Overview

    Industrial Flex Commercial Business Opportunity

    This property presents an opportunity to own an existing business within an industrial flex commercial zone. The business has a history of service and is supported by repeat customers and warranty service providers, schools, government contracts, and major businesses. Benefiting from prime street frontage, the location ensures high visibility and walk-in traffic. The business specializes in mechanic services and small engine repairs for gas motors, including lawnmowers, trimmers, blowers, riding mowers, generators, and golf carts. Sales of new machines are also part of the business. The sale includes an automatic life and a car dealership license for used autos, scooters, and motorcycles sales. The property offers room for storage and expansion for multiple types of businesses, with abundant warehouse space and storage available.
    Location Intelligence

    Current Use by Public Records

    The Bike Shop - Aiea (Bike/Boat/Book/etc) Store Hawaii Rush Soccer ... Association / Organization O2 Martial Arts ... Training Center The Light of the World Church Church Hawaii Ballroom Dance ... Association / Organization

    Map

    City
    Aiea
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.941
    Latitude
    21.3814

    Nearby Similar for Sale

    • $99,000

      Established Snack Shop in Aiea

      Thriving snack shop with strong cash flow and minimal overhead.
      98-023 Hekaha Street unit: Bldg 6-001, Aiea, HI 96701
      View Details
    • $100,000

      Established Snack Shop in Waimalu

      Thriving snack shop with strong cash flow and minimal overhead.
      98-023 Hekaha Street #BLDG 6-001, Aiea, HI 96701
      View Details
    • $455,000

      Aiea Restaurant Opportunity For Sale

      Established Aiea restaurant with loyal customer base and steady revenue.
      98-20 Kamehameha Highway, Aiea, HI 96701
      View Details
    • $650,000

      Turn-Key Medical Office Suite

      Ground-floor office suite with recent renovations and 24/7 access.
      98-1247 Kaahumanu St Suite 106, Aiea, HI 96701
      View Details
    • $575,000

      Built-Out Office with Multiple Suites

      Office unit with multiple suites, wet bar, and restroom.
      98-1247 Kaahumanu Street Suite 311, Aiea, HI 96701
      View Details
    • $210,000
      640 SF

      Pearlridge Center Restaurant Opportunity

      Established restaurant business for sale in Pearlridge Center.
      98-1005 Moanalua Road 1201B, Aiea, HI 96701
      View Details
    • $650,000
      4,955 SF

      Halawa Business Park Warehouse

      Warehouse in Halawa Business Park with freeway access.
      99-1392 Koaha Pl, Aiea, HI 96701
      View Details

    FAQs

    What type of property is this?
    Auto shop - Existing business with prime street frontage and expansion potential.
    Where is this auto shop located?
    The property is located at 98-019 Kamehameha Highway #3&4 Aiea, HI.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Established business with a long history of repeat customers and strong relationships.; Prime street frontage ensures high visibility and walk‑in traffic.; Specializes in mechanic services for small engine repairs, combined with sales of new machines, offering diverse revenue streams.
    (808) 724-4111
    We can help!
    Listing Contact
    DEREK K PAVAO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!