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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    94-1100 Kunia Rd Waipahu, HI 96797

    • Land
    For Sale
    View listing
    $2,900,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Pohakea Farms / Food Processing Plant
    • Thanh Nguyen / Temple / Spiritual Center
    • Island Style Furnishings / Furniture & Home Goods / Home Decor Store
    • Kama'aina K9 Adventures / Kennel & Boarding Facility

    Property Details for 94-1100 Kunia Rd

    Property type
    Land
    Property subtype
    Farms

    Description

    This exceptional 87,120 square foot agricultural lot (Lot 79) in the prestigious Kunia Loa Ridge Farmlands offers a unique investment opportunity. Located at 94-1100 Kunia Rd, Waipahu, HI 96797, this property boasts a long-term lease (expiring 07/18/2112), with approximately 88 years remaining. The AG-1 zoning permits diverse agricultural uses, including aquaculture, crop production, and livestock operations, along with public uses and structures. The property benefits from a gated community providing enhanced security and convenient access to the H1 freeway. Irrigation is stubbed to the lot. This 10-acre parcel is ideally sized for agricultural endeavors and enjoys a central location near Royal Kunia, offering easy access to restaurants, retail, medical facilities, and other amenities. The sale includes a proportionate share in the cooperative owning the fee simple interest and the proprietary lot lease. The property's size and location make it an attractive prospect, potentially eligible for USDA loan programs. APN: 1-9-2-4-13-79. Asking price: $2,900,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waipahu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -158.057
    Latitude
    21.4302

    Comparable in this City

    • Value Estimation by Request

      94-488 Kunia Rd

      Farms
      94-488 Kunia Rd, Waipahu, HI 96797
      View Details
    • Value Estimation by Request
      0.37 Acres

      94-689 Farrington Hwy

      VACANT COMMERCIAL LAND • 0.37 Acres
      94-689 Farrington Hwy, Waipahu, HI 96797-3015
      View Details
    • Value Estimation by Request
      0.05 Acres

      Farrington Hwy

      VACANT COMMERCIAL LAND • 0.05 Acres
      Farrington Hwy, Waipahu, HI 96797
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    • Value Estimation by Request
      0.22 Acres

      94-144 Farrington Hwy

      VACANT COMMERCIAL LAND • 0.22 Acres
      94-144 Farrington Hwy, Waipahu, HI 96797-1901
      View Details
    • Value Estimation by Request
      0.12 Acres

      94-358 Hanawai Cir

      VACANT COMMERCIAL LAND • 0.12 Acres
      94-358 Hanawai Cir, Waipahu, HI 96797-3045
      View Details
    • Value Estimation by Request
      21.34 Acres

      Ka Uka Blvd

      INDUSTRIAL - VACANT LAND • 21.34 Acres
      Ka Uka Blvd, Waipahu, HI 96797
      View Details

    Similar Nearby for Sale

    • $2,900,000

      Kunia Loa Ridge Farmland Lot

      10-Acre Agricultural Land, Waipahu
      94-1100 Kunia Rd, Waipahu, HI 96797
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    • $1,100,000

      Productive Agricultural Land in Waipahu

      2-acre agricultural land with cooperative membership, ideal for farming.
      94-1100 Kunia Rd, Waipahu, HI 96797
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    • $1,000,000

      Waipahu Farmland with Expansive Views

      Five-acre Waipahu farmland with views from Waianae to Diamond Head.
      94-1100 Kunia Rd, Waipahu, HI 96797
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    • $650,000

      Turn-Key Waipahu Farm with Ocean View

      One-acre farm with city, ocean, and Diamond Head views.
      94-1100 Kunia Rd, Waipahu, HI 96797
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    • $2,450,000

      Agricultural Land in Kunia

      7-acre agricultural land with fruit trees and vegetable crops.
      94-1100 Kunia Rd, Waipahu, HI 96797
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    • $550,000

      Turnkey Farm with Opulent Views

      One-acre leasehold farm with income-producing trees and permitted structure.
      56-I Kunia Rd, Waipahu, HI 96797
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    Similar Nearby for Lease

    • $45 SF/Yr
      28,737 SF

      Waipahu Commercial Space For Lease

      Versatile Office/Retail Space Available
      94-307 Farrington Hwy, Waipahu, HI 96797
      View Details
    • $3 SF/Yr
      64,458 SF

      Retail Space in Kunia Area

      Retail space available in high-traffic shopping center in Kunia.
      94-615 Kupuohi St, Waipahu, HI 96797
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    • Contact for pricing
      20,281 SF

      Waipahu Office Space for Lease

      Prime Waipahu location, flexible office suites.
      94-730 Farrington Hwy, Waipahu, HI 96797
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    • $1.25 SF/Yr
      10,766 SF

      Waipahu Depot Center Office Suites

      Prime Waipahu office space, multiple suites available.
      94-239 Waipahu Depot St, Waipahu, HI 96797
      View Details
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    Waipahu, HI 96797
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    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
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