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1631 Kapiolani Blvd Honolulu, HI 96814-4718

OFF-MARKET Commercial land Google Maps
1.29 ac lot
Individually Owned
Estimated value (blended)
$1.03M
Range $927k – $1.13M (±10%)
Property ID US24-0592270

Property summary

AI-generated overview

This exceptional 1,185 square foot retail space is located at 1631 Kapiolani Boulevard in Honolulu, Hawaii, zip code 96814. Situated in the vibrant Kapiolani Residence, this single-tenant unit offers a turnkey opportunity for immediate occupancy. The space boasts a brand-new build-out, complete with a fully equipped kitchen featuring LED lighting, an exposed ceiling grid, and central air conditioning. The kitchen is further enhanced by a 110-gallon grease trap, a three-compartment sink, floor drains, hand washing sinks, multiple refrigerators and freezers, and stainless steel prep tables. A private office is also included, adding to the functionality and versatility of the space. All furniture, fixtures, and equipment are available for acquisition, making this an exceptionally convenient and cost-effective option for new businesses. This property presents a rare chance to establish a presence in a prestigious Honolulu location within a newly developed building. The property is classified as retail and is a single-tenant space. Its prime location in the bustling heart of Honolulu offers unparalleled access to a high volume of foot traffic and potential customers.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.29 ac (56,250 SF)
Zoning code BMX-3
APN 1-2-3-041-006
UPID US24-0592270

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
  • Photography Service (Bike/Boat/Book/etc) Store
  • Apartment Building
  • Electric Vehicle Charging Station
  • Property Management Company
  • Consultant

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.03M

Owner & transaction history

since 2026
Last sale
$1.0M
7 recorded transactions
2026
Price N/A
2024
$475,200
2022
$620,000
2022
Price N/A
2022
Price N/A
2022
Price N/A
2021
$1.0M

Zoning & alternative use

BMX-3 · Honolulu, HI
Zoning description

272 (d) Use Regulations. (1) Permitted uses and structures for all zoning districts other than the BMX-4 central business mixed use district may be any of those uses permitted in the BMX-3 community business mixed use di…

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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