Property profile

1199 Dillingham Blvd Honolulu, HI 96817

OFF-MARKET
Commercial land
Property ID
US24-0163975
0.33 ac lot
Individually Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

City Square Shopping Center offers exceptional executive office space in Honolulu, Hawaii. This multi-tenant property, located at 1199 Dillingham Blvd, 96817, Honolulu County, boasts a total of 25,227 square feet of retail and office space. Currently, there are 6,560 square feet of vacant space available, divisible into units as small as 428 square feet, with a maximum contiguous space of 1,550 square feet. Seven individual spaces are immediately available, ranging in size from 428 to 13,000 square feet. Rental rates vary by building and floor. Annex ground floor offices are $2.00 per square foot per month, while annex second-floor offices are also $2.00 per square foot per month. Office/warehouse space rents for $2.75 per square foot per month. Building B (2nd floor) offices rent for $3.25 per square foot per month, and Building D (ground floor) space is available. Common area maintenance (CAM) charges are $1.35 per square foot per month for Building D ground floor spaces, $0.85 per square foot per month for Annex offices, and $1.36 per square foot per month for Annex warehouse space. This property presents a unique opportunity for businesses seeking flexible and conveniently located office space in the heart of Honolulu. The property's central location provides easy access to major transportation routes and amenities.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.33 ac (14,549 SF)
Zoning code IMX-1
APN 1-1-5-020-002
UPID US24-0163975

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Butcher
  • Take-out & Catering Catering Service
  • Food Processing Plant
  • Food Processing Plant

Location

1199 Dillingham Blvd Honolulu, HI 96817-4412
Honolulu metro Census 5700 URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2009
7 recorded transactions
2011
Price N/A
2009
$24,705
1999
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IMX-1 · Honolulu, HI
Zoning description

279 (c) Up to 10 dwelling units may be permitted per zoning lot above the ground floor in the IMX-1 industrial commercial mixed use district, subject to a special district permit. Accessory caretaker dwellings do not req…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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