Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    726 Kapahulu St Honolulu, HI 96816

    Property Lookup

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

    726 Kapahulu St Honolulu, HI 96816

    View on Map
    • Commercial real estate
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 726 Kapahulu St

    Property type
    Commercial real estate

    Description

    This exceptional turnkey restaurant opportunity is located at 726 Kapahulu Street in Honolulu, Hawaii. The business boasts a rich history, having served the community for over 60 years, establishing itself as a legendary local Hawaiian food establishment amongst other similar restaurants in the area. Its prime location offers easy access to Waikiki's high tourist traffic, ensuring a consistent flow of customers. The restaurant operates with short hours, making it manageable for owners. The current lease agreement is favorable, offering a 3-year term with a 5-year option. This presents a significant advantage for prospective buyers, providing long-term stability and minimizing initial investment risk. The business is known for its high customer refill rate, indicating strong customer loyalty and repeat business. The reasonable rent further enhances the profitability of this venture. This is an ideal investment for individuals seeking a low-maintenance, established business with a proven track record and significant growth potential. The property is offered at $89,000. Showings are by appointment only. The lot size is 0 acres. The property type is listed as "Other". The square footage is not specified.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Honolulu
    County
    Oahu
    State
    Hawaii
    Longitude
    -157.814
    Latitude
    21.2802

    Comparable in this City

    • Value Estimation
      $950,000
      3,009 SF

      900 Kapahulu Ave, Unit A101

      COMMERCIAL (GENERAL) • 3,009 SF
      900 Kapahulu Ave, Honolulu, HI 96816-1494
      View Details
    • Value Estimation
      $790,000
      5,521 SF

      1223 Koko Head Ave

      COMMERCIAL (GENERAL) • 5,521 SF
      1223 Koko Head Ave, Honolulu, HI 96816-3210
      View Details
    • Value Estimation
      $1,725,000
      7,185 SF

      4819 Kilauea Ave

      COMMERCIAL (GENERAL) • 7,185 SF
      4819 Kilauea Ave, Honolulu, HI 96816-5712
      View Details
    • Value Estimation by Request
      2,136 SF

      943 Kapahulu Ave

      COMMERCIAL (GENERAL) • 2,136 SF
      943 Kapahulu Ave, Honolulu, HI 96816-1434
      View Details
    • Value Estimation
      $1,165,000
      5,219 SF

      700 Kapahulu Ave

      COMMERCIAL (GENERAL) • 5,219 SF
      700 Kapahulu Ave, Honolulu, HI 96816-1133
      View Details
    • Value Estimation by Request
      100 SF

      Hunalewa St

      COMMERCIAL (GENERAL) • 100 SF
      Hunalewa St, Honolulu, HI 96816
      View Details

    Similar Nearby for Sale

    • $1,600,000
      0.29 Acres

      Honolulu Commercial Land Investment

      Commercial land with two buildings and tenant occupancy in Honolulu.
      3110 Waialae Ave, Honolulu, HI 96816
      View Details
    • $1,699,000

      Renovated Multi-Family Home, Ocean Views

      Move-in ready home with ADU, ideal for rental income.
      1758 Mikahala Way, Honolulu, HI 96816
      View Details
    • $6,100,000
      10,990 SF

      Kaimuki Retail Building - Honolulu

      High-Occupancy Retail & Office Space
      1126 12Th Ave, Honolulu, HI 96816
      View Details
    • $4,000,000

      Freestanding Building on Waialae Avenue

      Well-maintained office building with ample parking in Honolulu, Hawaii.
      3160 Waialae Ave, Honolulu, HI 96816
      View Details
    • $4,000,000

      Freestanding Building on Waialae Avenue

      Well-maintained commercial building with ample parking in Honolulu, Hawaii.
      3160 Waialae Ave, Honolulu, HI 96816
      View Details
    • $1,584,000

      Honolulu Multifamily Income Property

      Three-unit, fully occupied property in Honolulu, Hawaii.
      1103 10Th Avenue Pl, Honolulu, HI 96816
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      5,120 SF

      Retail and Office Space Available

      New retail and office spaces in Kapahulu neighborhood.
      3110 Charles St, Honolulu, HI 96816
      View Details
    • Contact for pricing

      Kaimuki Business District Retail Space

      Retail space in a coveted, convenient Kaimuki location.
      1109 12Th Ave, Honolulu, HI 96816
      View Details
    • Contact for pricing

      Renovated Office Building in Honolulu

      Newly renovated office building in Honolulu's Kapahulu submarket.
      3112 Mokihana St, Honolulu, HI 96816
      View Details
    • Contact for pricing

      Kaimuki Restaurant Space Available

      Four-story mixed-use building with ground-floor restaurant space for lease.
      1123 11Th Ave, Honolulu, HI 96816
      View Details
    • Contact for pricing

      Versatile Stand Alone Building

      Versatile building with retail, office, and storage space.
      3365 Waialae Ave, Honolulu, HI 96816
      View Details
    • $1.50 SF/Yr

      Waialae Avenue Commercial Space

      Well-maintained property suitable for office or retail use.
      3160 Waialae Ave, Honolulu, HI 96816
      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.
    726 Kapahulu St
    Honolulu, HI 96816
    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

    726 Kapahulu St, Honolulu, HI, 96816

    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!