650 Kilani Ave Wahiawa, HI 96786
- Commercial real estate
- 6,572 SF
- 0.23 lot acres
Current Use by Public Records
- Abundant Life Church / Church
- Star Auto Wahiawa / Used Car Dealer
Property Details for 650 Kilani Ave
- Year built
- 1957
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.23 lot acres
- Property size
- 6,572 SF
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 1-7-4-005-032
- APU
- 174005032
Description
This exceptional commercial property at 650 Kilani Avenue, Wahiawa, HI, presents a significant investment opportunity. The property encompasses a substantial 0.23-acre lot (9,964 square feet) zoned B-2, offering considerable flexibility for a variety of commercial uses. The existing 6,572-square-foot free-standing building is constructed of concrete block and features a well-designed layout. The interior includes ample office space, perfectly suited for administrative functions or a showroom. Two repair bays, equipped with automotive lifts, are ideal for automotive-related businesses or any operation requiring heavy-duty workspace. A large storage area provides ample space for inventory or equipment. Convenient restrooms are also included within the building. The property boasts a paved front parking area with sufficient space for multiple vehicles, ensuring convenient access for customers and employees. A driveway easement on the right side of the property provides access to the rear, enhancing logistical efficiency. The previous occupant was a used car dealership, which has vacated the premises
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,180,000
- 6.5%
- $1,825,000
- 7%
- $2,185,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,180,000
- Geo Method
- $2,130,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,815,000
- Retail
- $1,850,000
- Mixed-Use
- $2,150,000
- Hospitality
- $1,755,000
- Educational
- $2,065,000
- Residential Income
- $1,650,000
- Energy
- $1,985,000
- Income-Based Land
- $1,680,000
- Food Service
- $1,625,000
Location Insight
- Map
- Local Demand
- City
- Wahiawa
- County
- Honolulu
- State
- Hawaii
- Longitude
- -158.029
- Latitude
- 21.4988
- CBSA code
- 46520
- CBSA name
- URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA
