Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    91-491 Kapolei Kai St Kapolei, HI 96707
    Back to Search
    Property profile & analytics

    91-491 Kapolei Kai St, Kapolei, HI 96707

    View on Map
    • Land
    • 1.74 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 91-491 Kapolei Kai St

    Lot size
    1.74 lot acres
    Property type
    Land

    Description

    This exceptional 1.738-acre commercial land parcel, located at 91-491 Kapolei Kai St, Kapolei, HI 96707 (APN: 9-1-175: 026), presents a unique investment opportunity. Zoned I-2, this property offers 75,707 square feet of buildable land, priced at $65 per square foot, totaling $4,920,955. The property boasts a maximum lot coverage ratio of 65%, allowing for efficient development. Building setbacks are minimal, with a five-foot front setback and no side or rear setbacks. A wide range of exterior construction materials are permitted, including concrete, stone, steel frame, CMU block, glass, and textured metal panels. The site benefits from underground backbone utility infrastructure, with connections available through individual utility agencies (HECO, BWS, DPP-Wastewater, Telephone, Cable TV). Situated within the Kapolei Business Park West, a modern 63-acre master-planned industrial park, this location offers excellent visibility on Kalaeloa Boulevard. The park's strategic location within a designated Opportunity Zone provides potential tax advantages. Nearby amenities include a vast array of businesses, residential areas, shopping, dining, and entertainment options. Its proximity to the Kalaeloa Barbers Point Deep Draft Harbor (1.4 miles east) provides access to bulk product tug and barge services throughout Hawaii and the West Coast. This property is ideal for businesses seeking a strategic location with significant development potential.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kapolei
    County
    Honolulu
    State
    Hawaii
    Longitude
    -158.096
    Latitude
    21.323

    Comparable in this City

    • Value Estimation by Request
      1.90 Acres

      Leihano At Kapolei

      Land
      0 Leihano At Kapolei, Kapolei, HI 96707
      View Details
    • Value Estimation by Request
      720 SF

      1051 Kakala St Unit

      Land
      1051 Kakala St Unit, Kapolei, HI 96707
      View Details
    • Value Estimation by Request
      1.40 Acres

      Farrington Hwy

      Land
      0 Farrington Hwy, Kapolei, HI 96707
      View Details
    • Value Estimation by Request
      0.48 Acres

      Kualakai Pkwy & Farrington Hwy

      Land
      0 Kualakai Pkwy & Farrington Hwy, Kapolei, HI 96707
      View Details
    • Value Estimation by Request
      10.32 Acres

      Kapolei, HI 96707

      Land
      Kapolei, HI 96707
      View Details
    • Value Estimation by Request
      83,008 SF

      91-1051 Enterprise St

      Distribution properties
      91-1051 Enterprise St, Kapolei, HI 96707
      View Details

    Similar Nearby for Sale

    • $725,000
      720 SF

      Kapolei Retail Space: 720 SF

      Prime Kapolei retail space, 720 sq ft, loft, parking.
      1051 Kakala St, Kapolei, HI 96707
      View Details
    • Contact for pricing
      32,818 SF

      Kapolei Land Parcel for Sale

      3.81 acre parcel in Kapolei Opportunity Zone.
      91-1051 Enterprise St, Kapolei, HI 96707
      View Details
    • Contact for pricing
      3,300 SF

      Industrial Land in Campbell Industrial

      9.52 acres of I-2 zoned industrial land for sale.
      91-445 Komohana St, Kapolei, HI 96707
      View Details
    • Contact for pricing

      Kapolei Warehouse Condominiums For Sale

      Warehouse condominiums in Kapolei Business Park West, ranging from 929-59,700 sqft.
      91-1965 Lauwiliwili St, Kapolei, HI 96707
      View Details
    • Contact for pricing

      Kapolei Retail Space with Loft

      Retail space with loft in Kapolei's Mehana community.
      204-1051 Kakala St, Kapolei, HI 96707
      View Details
    • $200,000

      Operating Ramen Restaurant for Sale

      Fully operational ramen restaurant in high-traffic Kapolei location for sale.
      91-5431 Kapolei Pkwy, Kapolei, HI 96707
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      14,820 SF

      Prime Retail Pad in Kapolei

      Long-term ground lease opportunity in a high-traffic shopping center.
      91-5431 Kapolei Pkwy, Kapolei, HI 96707
      View Details
    • Contact for pricing

      Industrial Land in Campbell Industrial

      9.52 acre I-2 zoned parcel for lease.
      91-445 Komohana St, Kapolei, HI 96707
      View Details
    • Contact for pricing
      3,267 SF

      Restaurant Space in Kapolei Commons

      Turnkey restaurant space with interior, mezzanine, and patio seating.
      4450 Kapolei Pkwy, Kapolei, HI 96707
      View Details
    • $1.25 SF/Yr
      13,600 SF

      Kapolei Warehouse Space Available

      13,600 sqft warehouse space for rent in Kapolei.
      91-162 Malakole St, Kapolei, HI 96707
      View Details
    • Contact for pricing

      Kapolei Marketplace Retail Space

      Retail space available in Kapolei Marketplace.
      590 Farrington Hwy, Kapolei, HI 96707
      View Details
    • Contact for pricing

      Kapolei Retail Opportunity

      Retail space in high-traffic Kapolei Commons.
      4450 Kapolei Pkwy, Kapolei, HI 96707
      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.
    91-491 Kapolei Kai St
    Kapolei, HI 96707
    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
    91-491 Kapolei Kai St, Kapolei, HI, 96707
    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!