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Property profile & analytics

1120 Maunakea St Honolulu, HI 96817

  • Commercial real estate
  • 35,044 SF
  • 1.07 lot acres
Value Estimation
$13,575,000
Last Sale
Jul 26, 2024
$13,668,457
Location Intelligence
Property ID
US24-0257930
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

  • Susan's Meat Market / Butcher Shop
  • Malasig 7 Sisters Meat Market / Butcher Shop
  • Thanh French Coffee & Bubble Tea / Bubble Tea Store / Tea House
  • Ku's Canoe / Asian Restaurant
  • Adams Retail Store / Grocery Store

Property Details for 1120 Maunakea St

Year built
1989
Lot size
1.07 lot acres
Property size
35,044 SF
Zone code
BMX-4
Property type
Commercial real estate
APN
1-1-7-003-096
APU
117003096

Description

This exceptional opportunity presents multiple retail and restaurant spaces within the vibrant Maunakea Marketplace in Honolulu, Hawaii. Located at 1120 Maunakea Street, zip code 96817, this bustling open-air market offers a unique blend of retail and food vendors, creating a thriving community atmosphere. The property, built and renovated in 1989, sits on 1.07 acres and boasts a total building area of 59,347 square feet. Units are available in various sizes, ranging from a minimum of 75 square feet to a maximum contiguous space of 600 square feet, providing flexibility for a wide range of businesses. The property is zoned BMX-4, ideal for retail and restaurant uses. The Maunakea Marketplace provides an established customer base and high foot traffic, making it an attractive location for businesses seeking exposure within a diverse and vibrant community. The market offers a variety of goods, including produce, jewelry, souvenirs, and an extensive array of food options. Potential tenants could establish businesses selling fresh seafood, fruits and vegetables, meats, or other market items. This is a rare chance to secure a space in a well-established and successful Honolulu marketplace. The property's location in Honolulu County offers excellent accessibility and visibility. Don't miss this chance to become part of the thriving Maunakea Marketplace community.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $13,670,000
  • CAP approach

    CAP return
    Estimation
    6%
    $14,680,000
    6.5%
    $12,750,000
    7%
    $14,190,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $13,765,000
    Geo Method
    $11,865,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $12,885,000
    Retail
    $13,190,000
    Mixed-Use
    $14,955,000
    Hospitality
    $14,940,000
    Educational
    $13,050,000
    Residential Income
    $13,680,000
    Energy
    $13,630,000
    Income-Based Land
    $14,080,000
    Food Service
    $12,110,000

Location Insight

  • Map
  • Local Demand
City
Honolulu
County
Honolulu
State
Hawaii
Longitude
-157.863
Latitude
21.3129
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
$98,635
$13,478,700
$8,891,300
$22,370,000
-
$13,478,700
$8,891,300
$22,370,000
More about this property
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