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Property profile & analytics

1123 11Th Ave Honolulu, HI 96816

  • Commercial real estate
  • 13,575 SF
  • 0.16 lot acres
Value Estimation
$6,990,000
Last Sale
Jun 18, 2024
$7,000,000
Location Intelligence
Property ID
US24-0152912
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

  • Michael C Izumi, DDS / Dentist
  • Bryant B LaPorte DDS / Dentist
  • United Steel LLC / Welder
  • Caron B Realty International / Real Estate Agency
  • DW REALTY HAWAII / Property Management Company

Property Details for 1123 11Th Ave

Year built
1961
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.16 lot acres
Property size
13,575 SF
Zone code
B-2
Property type
Commercial real estate
APN
1-3-2-006-021
APU
132006021

Description

This exceptional restaurant opportunity is located in a thriving Kaimuki, Honolulu mixed-use building. The ground floor space totals 3,637 square feet, part of a larger 13,573 square foot building with multiple tenants. The property sits on a 0.16-acre lot and is zoned BMX-3. Its convenient location in the heart of Kaimuki offers easy access to a diverse customer base. Kaimuki's vibrant atmosphere, known for its eclectic mix of restaurants and shops, makes this an ideal location for a food and beverage establishment. The property's proximity to both East Oahu and Downtown Honolulu provides excellent accessibility. Ample parking is available in a nearby municipal lot. The property's address is 1123 11th Ave, Unit #101, Honolulu, HI 96816, with the Assessor's Parcel Number (APN) being 1-3-2-006-021-0000. This is a rare chance to establish a business in a highly sought-after area. The building is a three-story structure combining retail and office spaces. This listing presents a unique opportunity for a restaurant to thrive in a dynamic and established neighborhood.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $7,000,000
  • CAP approach

    CAP return
    Estimation
    6%
    $7,035,000
    6.5%
    $6,420,000
    7%
    $7,480,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $7,350,000
    Geo Method
    $6,390,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $6,785,000
    Retail
    $6,125,000
    Mixed-Use
    $8,145,000
    Hospitality
    $7,455,000
    Educational
    $7,175,000
    Residential Income
    $6,560,000
    Energy
    $7,850,000
    Income-Based Land
    $6,865,000
    Food Service
    $6,260,000

Location Insight

  • Map
  • Local Demand
City
Honolulu
County
Honolulu
State
Hawaii
Longitude
-157.8
Latitude
21.2821
CBSA code
46520
CBSA name
URBAN HONOLULU, HI METROPOLITAN 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
$35,809
$1,855,000
$1,031,900
$2,886,900
-
$1,855,000
$1,031,900
$2,886,900
More about this property
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