Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1409 Kapiolani Blvd Honolulu, HI 96814
    Back to Search
    Property profile & analytics

    1409 Kapiolani Blvd Honolulu, HI 96814

    View on Map
    • Retail properties & Spaces
    • 2,310 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Burger King / Restaurant / Take-out & Catering

    Property Details for 1409 Kapiolani Blvd

    Property size
    2,310 SF
    Property type
    Retail properties & Spaces

    Description

    This exceptional 2,310 square foot retail space is located at 1409 Kapiolani Boulevard in Honolulu, Hawaii, 96814. The property is a single-tenant building, currently vacant and ready for immediate occupancy. Boasting ample parking, this location offers unparalleled access to high foot traffic. Situated in the heart of the Ala Moana neighborhood, the property benefits from its proximity to Hawaii's largest open-air shopping mall, Ala Moana Center. This vibrant area also provides easy access to Ala Moana Beach Park, Blaisdell Center, Ward Center, and Waikiki. The property is zoned BMX-3 and has an APN of (1) 2-3-39-6 in Honolulu County. The building's prominent location on Kapiolani Boulevard ensures high visibility and accessibility for customers. This presents a unique opportunity for businesses seeking a high-traffic, well-located retail space in one of Honolulu's most desirable areas. The entire 2,310 square feet is available, providing flexibility for various retail concepts. This is an exceptional opportunity to establish a thriving business in a prime Honolulu location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.844
    Latitude
    21.2932

    Comparable in this City

    • Value Estimation by Request
      219,514 SF

      614 Keeaumoku St

      Individual retail properties • 219,514 SF
      614 Keeaumoku St, Honolulu, HI 96814
      View Details
    • Value Estimation by Request
      12,555 SF

      1411 King St

      Office Spaces • 12,555 SF
      1411 King St, Honolulu, HI 96814
      View Details
    • Value Estimation by Request

      1288 Ala Moana Blvd

      Individual retail properties
      1288 Ala Moana Blvd, Honolulu, HI 96814
      View Details
    • Value Estimation by Request
      16,132 SF

      436 Piikoi St

      Restaurants • 16,132 SF
      436 Piikoi St, Honolulu, HI 96814
      View Details
    • Value Estimation by Request
      127,507 SF

      1065 Kapiolani Blvd

      Individual retail properties • 127,507 SF
      1065 Kapiolani Blvd, Honolulu, HI 96814
      View Details
    • Value Estimation by Request
      196,600 SF

      1441 Ala Moana Blvd

      Medical Office Space • 196,600 SF
      1441 Ala Moana Blvd, Honolulu, HI 96814
      View Details

    Similar Nearby for Sale

    • $6,250,000

      Mixed-Use Property on Beretania Street

      Mixed-use property with warehouse, office, and retail space for sale.
      1079-1085 S Beretania St, Honolulu, HI 96814
      View Details
    • $350,000

      Turnkey Chinese Restaurant in Honolulu

      Established Sichuan restaurant with high traffic location and loyal clientele.
      1450 Ala Moana Blvd, Honolulu, HI 96814
      View Details
    • Contact for pricing

      Turn-Key Restaurant in Honolulu

      Prime restaurant space in a high-traffic Honolulu location.
      909 Kapiolani Blvd, Honolulu, HI 96814
      View Details
    • $5,750,000

      Honolulu Mixed-Use Property For Sale

      Mixed-use property with warehouse, office, and retail space in Honolulu.
      1079-1085 S Beretania St, Honolulu, HI 96814
      View Details
    • $5,000,000

      Keeaumoku Area Commercial Building

      Secure building with loading dock near Ala Moana Shopping Center.
      927 Sheridan St, Honolulu, HI 96814
      View Details
    • $5,750,000

      Mixed-Use Property in Honolulu

      Two buildings with warehouse, office, and retail space for sale.
      1079-1085 S Beretania St, Honolulu, HI 96814
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Mixed-Use Space in Kaka'ako

      Retail and office spaces in a thriving mixed-use Honolulu building.
      1050 Queen St, Honolulu, HI 96814
      View Details
    • Contact for pricing

      Kapiolani Business Plaza Office Space

      Well-maintained 12-story office building in the Kapiolani business district.
      1580 Makaloa St, Honolulu, HI 96814
      View Details
    • $1,200 /Mo

      Salon Space in Honolulu

      Salon space available for rent in a high-traffic location.
      1302 S Beretania St, Honolulu, HI 96814
      View Details
    • $0.09 SF/Yr

      Office Building with Parking

      Two-story office building with parking in lower Makiki.
      1257-1259 S Beretania St, Honolulu, HI 96814
      View Details
    • Contact for pricing

      Honolulu Office Space For Rent

      Iconic 17-story office building near Ala Moana Center.
      1600 Kapiolani Blvd, Honolulu, HI 96814
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease in Honolulu, Hawaii.
      808 Sheridan St, Honolulu, HI 96814
      View Details
    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.
    1409 Kapiolani Blvd
    Honolulu, HI 96814
    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

    Thank You for Inquiry
    1409 Kapiolani Blvd, Honolulu, HI, 96814
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!