45-428 Kamehameha Hwy Kaneohe, HI 96744
This exceptional commercial property, located at 45-428 Kamehameha Highway in Kaneohe, Hawaii, presents a unique investment opportunity. Priced at $1,520,000, this 11,066 square foot lot features three separate buildings totaling approximately 2,220 square feet. The existing structures include a walk-in refrigerator, ample storage space, a warehouse area, and a bathroom. The property enjoys a highly visible location directly across from Hawaiian Memorial Park Cemetery on Kamehameha Highway, providing excellent accessibility and exposure. Its proximity to Likelike Highway and Pali Highway further enhances its strategic position. While the current square footage may not precisely match tax records, and the address discrepancy between tax maps and postal service records requires buyer verification, this presents a significant development opportunity. The property is zoned R-5, allowing for potential redevelopment according to zoning standards. Note that a flower shop currently operating on the site is not included in the sale
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Hāliipua Flowers & Things (Bike/Boat/Book/etc) Store Florist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.