Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    284 Kehalani Village Dr Wailuku, HI 96793

    • Commercial real estate
    • 0.69 lot acres
    For Lease
    View listing
    $42 SF/Yr
    Value Estimation
    $930,000
    Last Sale
    May 17, 2023
    $1,048,810
    Location Intelligence
    Property ID
    US24-0493928
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 284 Kehalani Village Dr

    Lot size
    0.69 lot acres
    Zone code
    3
    Property type
    Commercial real estate
    APN
    3-5-001-063-0005
    APU
    350010630005

    Description

    This exceptional commercial property, Kehalani Village Center, offers multiple office spaces for lease in Wailuku, Maui, Hawaii. Located at 284 Kehalani Village Dr, 96793, this prime location boasts high visibility at the intersection of major roadways, including Honoapiilani Highway, Kuikahi Drive, Maui Lani Parkway, and Waiale Road. The property features a total of up to 7,751 square feet of leasable space, with individual units ranging from 1,249 to 1,379 square feet. Six spaces are currently available. The center benefits from a strong tenant mix, including established businesses such as Foodland, Longs Drugs, McDonald's, and Coffee Bean & Tea Leaf, ensuring high foot traffic and excellent brand exposure. Ample on-site parking is provided for tenants and customers. Units can be combined to accommodate larger businesses. The property is classified as retail and traditional office space. The estimated delivery date for tenant improvements is Winter 2025, with the condition upon delivery being grey shell. Tenant improvement allowances are negotiable. Contact us to discuss availability and any use restrictions.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $900,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,085,000
      6.5%
      $1,090,000
      7%
      $1,080,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,210,000
      Geo Method
      $1,040,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $970,000
      Retail
      $885,000
      Mixed-Use
      $955,000
      Hospitality
      $865,000
      Educational
      $1,100,000
      Residential Income
      $985,000
      Energy
      $975,000
      Income-Based Land
      $925,000
      Food Service
      $1,050,000

    Location Insight

    • Map
    • Local Demand
    City
    Wailuku
    County
    Maui
    State
    Hawaii
    Longitude
    -156.502
    Latitude
    20.8725
    CBSA code
    27980
    CBSA name
    KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,801
    $958,900
    $0.00
    $958,900
    -
    $958,900
    $0.00
    $958,900

    Comparable in this City

    • Value Estimation by Request
      0.45 Acres

      1332 Lowr Main St

      SHOW ROOM, WAREHOUSE • 0.45 Acres
      1332 Lowr Main St, Wailuku, HI 96793-1917
      View Details
    • Value Estimation by Request
      0.04 Acres

      Nani St

      COMMERCIAL (GENERAL) • 0.04 Acres
      Nani St, Wailuku, HI 96793
      View Details
    • Value Estimation by Request
      0.09 Acres

      Niolopua Ln

      COMMERCIAL (GENERAL) • 0.09 Acres
      Niolopua Ln, Wailuku, HI 96793
      View Details
    • Value Estimation by Request
      0.00 Acres

      Vineyard St

      COMMERCIAL (GENERAL) • 0.00 Acres
      Vineyard St, Wailuku, HI 96793
      View Details
    • Value Estimation by Request
      0.01 Acres

      Vineyard St

      COMMERCIAL (GENERAL) • 0.01 Acres
      Vineyard St, Wailuku, HI 96793
      View Details
    • Value Estimation by Request

      400 Hookahi St, Unit B

      SHOW ROOM, WAREHOUSE
      400 Hookahi St, Wailuku, HI 96793-1467
      View Details

    Similar Nearby for Sale

    • $998,000
      0.09 Acres

      Wailuku Restaurant with Living Quarters

      Historic Wailuku eatery, residential space included.
      318 Market St, Wailuku, HI 96793
      View Details
    • $4,399,000
      2.13 Acres

      Wailuku Commercial Property - Huge Potential

      Prime Wailuku location, large building, high-yield solar.
      1005 Lower Main St, Wailuku, HI 96793
      View Details
    • $6,500,000
      0.10 Acres

      Wailuku Commercial Portfolio

      Five-parcel Wailuku investment opportunity
      16 Maluhia Dr, Wailuku, HI 96793
      View Details
    • $6,500,000
      0.51 Acres

      Wailuku Main St Investment

      Five parcels, high NOI, redevelopment potential.
      1942 Main St, Wailuku, HI 96793
      View Details
    • $1,390,000
      0.09 Acres

      Downtown Wailuku Mixed-Use Gem

      Prime location, flexible retail & residential
      145 Market St, Wailuku, HI 96793
      View Details
    • $1,426,800
      4.07 Acres

      Maalaea Harbor Commercial Lot

      Prime Maui Location, High Visibility
      100 P, Wailuku, HI 96793
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      35,000 SF

      Puuone Plaza: Wailuku Office Space

      Prime Wailuku Office & Retail Space Available
      1063 Lower Main St, Wailuku, HI 96793
      View Details
    • $42 SF/Yr
      7,624 SF

      Kehalani Village Center Office Suites

      Wailuku, HI Office Space Available
      284 Kehalani Village Dr, Wailuku, HI 96793
      View Details
    • $17 SF/Yr
      10,804 SF

      Wailuku Executive Office Space

      10,804 SF Mixed-Use Building, Maui
      280 Imi Kala St, Wailuku, HI 96793
      View Details
    • $15 SF/Yr
      7,860 SF

      Wailuku Retail Space for Lease

      High-traffic Maui retail space available.
      775 Lower Main St, Wailuku, HI 96793
      View Details
    • $783 /Mo

      Wailuku Office and Warehouse Space

      Office and warehouse space for lease in central Wailuku.
      1942 1-2, Wailuku, HI 96793
      View Details
    • Contact for pricing
      40,361 SF

      Wailuku Warehouse: Prime Industrial Space

      40,361 SF Warehouse, Ample Power, Maui
      790 Eha St, Wailuku, HI 96793
      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.
    284 Kehalani Village Dr
    Wailuku, HI 96793
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.