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

    98-1247 Kaahumanu St, Unit 311 Aiea, HI 96701

    View on Map
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Office unit with multiple suites, wet bar, and restroom.

    Property Features for 98-1247 Kaahumanu St

    General Information

    Standard status
    Active

    Building Details

    Year built
    1974

    We can help!

    Listing Contact
    Andriana Honda
    Source: Crexi

    Listing Agency: Coldwell Banker Realty Listing Agent: Andriana Honda

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Built-Out Office with Multiple Suites

    This fully built-out office unit features four suites, a wet bar, a private restroom, and a reception/waiting area. The unit also benefits from having two entrances. It is located within the Mary Savio Medical Plaza, which is a collective of independent, multidisciplinary healthcare practitioners and professionals in Hawaii. The property is suitable for commercial real estate use, including office units and medical office space.
    Location Intelligence

    Current Use by Public Records

    Hawaii cancer care Physician Island Eye Center: ... Physician Hamasaki Craig Y ... Physician Edwin Y Endo, ... Physician Edwin Y Endo, ... Physician

    Map

    City
    Aiea
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.9504559
    Latitude
    21.3980299

    Nearby Similar for Sale

    • $100,000

      Established Snack Shop in Waimalu

      Thriving snack shop with strong cash flow and minimal overhead.
      98-023 Hekaha St Unit, Aiea, HI 96701
      View Details
    • $325,000

      Industrial Flex Commercial Business Opportunity

      Existing business with prime street frontage and expansion potential.
      98-019 Kamehameha Hwy, Aiea, HI 96701
      View Details
    • $575,000

      Built-Out Office with Multiple Suites

      Office unit featuring multiple suites, wet bar, and private restroom.
      98-1247 Kaahumanu St, 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 St, 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 Hwy, Aiea, HI 96701
      View Details
    • $195,000

      Restaurant in Pearlridge Shopping Center

      Turn-key restaurant in Pearlridge Shopping Center with ample parking.
      98-1005 Moanalua Rd, Aiea, HI 96701
      View Details
    • $1,000,000
      0.30 Acres

      Aiea Commercial Development Land

      High-visibility Aiea lot, prime development opportunity.
      98-1247 Kaahumanu St, Aiea, HI 96701
      View Details
    • $430,000
      821 SF

      Aiea Mixed-Use Office Suite

      Prime Aiea location, 821 sq ft office space.
      98-1247 Kaahumanu St, Aiea, HI 96701
      View Details
    • $420,000
      824 SF

      Aiea Industrial Space: High Demand!

      824 sq ft Industrial Unit, Great Location
      98-1247 Kaahumanu St, Aiea, HI 96701
      View Details
    • $708,000
      1,388 SF

      Aiea Mixed-Use Medical Office

      High-Demand Medical Office Space in Aiea
      98-1247 Kaahumanu St, Aiea, HI 96701
      View Details
    • Contact for pricing
      640 SF

      Pearlridge Center Restaurant Opportunity

      Established restaurant business for sale in Pearlridge Center.
      98-1005 Moanalua Rd, Aiea, HI 96701
      View Details
    • $600,000
      835 SF

      Aiea Dental Condo - Turnkey Opportunity

      Fully equipped dental condo, prime Aiea location.
      98-1247 Kaahumanu St, Aiea, HI 96701
      View Details

    FAQs

    What type of property is this?
    Office units - Office unit with multiple suites, wet bar, and restroom.
    Where is this office units located?
    The property is located at 98-1247 Kaahumanu St, Unit 311 Aiea, HI.
    What are key features of this property?
    This property features: - Fully built-out office space ready for immediate occupancy.; - Located in Mary Savio Medical Plaza, a hub for healthcare professionals.; - Includes **4 suites**, a **wet bar**, and a **private restroom**.
    Request Owner's contact information
    98-1247 Kaahumanu St, Unit 311 Aiea, HI 96701
    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.
    98-1247 Kaahumanu St, Unit 311
    Aiea, HI 96701
    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
    98-1247 Kaahumanu St, Unit 311 Aiea, HI 96701
    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

    We can help!
    Listing Contact
    Andriana Honda
    Real Estate License ID: RS86471
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!