Property profile

2020 King St Honolulu, HI 96826

OFF-MARKET
Retail properties & Spaces
5,102 SF Built 1962
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Property summary

AI-generated overview

This exceptional mixed-use property at 2020 S King St, Honolulu, HI 96826 presents a compelling redevelopment opportunity. The 5,102 square foot building, constructed in 1962, sits on a substantial 13,062 square foot lot (APN: (1) 2-8-3: 6) and is zoned BMX-3. The asking price is $5,000,000, translating to $980.01 per square foot. This prime location offers high visibility and significant vehicle traffic on a major thoroughfare. The property benefits from its proximity to Waikiki and the University of Hawaii, ensuring high demand and strong potential for future development. An existing freestanding office building is on-site. Bill 7 allows for higher-density redevelopment, presenting a significant value-add opportunity and upside potential. The large, level lot and high barriers to entry due to limited available land make this a rare and highly desirable owner-user investment. This convenient urban Honolulu location offers a unique chance to capitalize on a thriving market. The property's high visibility and accessibility make it an ideal location for a variety of commercial uses.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1962
Total area 5,102 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Architect Architectural Designer
  • Temple

Location

2020 King St Honolulu, HI 96826
Honolulu metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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