Property profile

1221 Kapiolani Blvd Honolulu, HI 96814

FOR LEASE
Commercial land
Property ID
US24-0595786
0.36 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

1221 Kapiolani Boulevard offers 44,573 square feet of premium office space in Honolulu, Hawaii, ideally suited for executive or medical office uses. The property, zoned KAK, is situated in Honolulu County (zip code 96814) within the Kapiolani business corridor, offering convenient access to Ala Moana Center and the Kaka'ako master-planned development. Multiple suites are available, ranging from a minimum of 679 square feet to a maximum contiguous space of 6,288 square feet, with a total of 44,573 square feet currently vacant. The building boasts attractive amenities including an open-air rooftop deck perfect for events, direct access from the parking garage to the office tower, and convenient weekend building and air conditioning hours. This boutique mid-rise building is home to established tenants, providing a prestigious address and a thriving business environment. The property's central location and versatile space make it an excellent opportunity for businesses seeking a high-profile presence in Honolulu. Inquire today to learn more about leasing options and explore the possibilities of establishing your business in this desirable location.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.36 ac (15,597 SF)
Zoning code KAKAAKO CO
APN 1-2-3-007-105
UPID US24-0595786

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
  • Alternative Medicine Practice
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

1221 Kapiolani Blvd Honolulu, HI 96814
Honolulu metro Census 3703 URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$415k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2024
Price N/A
2024
Price N/A
2022
Price N/A
2017
Price N/A
2005
$2.2M
2005
Price N/A

Zoning & alternative use

KAKAAKO CO · Honolulu, HI

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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