Entity Owned Property summary
AI-generated overview
This fee-simple property at 1708 Auiki Street, Honolulu, HI 96819, offers a unique owner-user opportunity. The 9,476 square foot building sits on a 6,185 square foot lot (APN: 1-2-6-22) and is zoned I-2. The property boasts a strategic location in the Kalihi Kai industrial market, providing convenient access to Honolulu International Airport and Honolulu Harbor. The building features 4,456 square feet of ground floor warehouse and showroom space, ideal for businesses needing high visibility. A 4,456 square foot second-floor mezzanine provides ample office space, and a 560 square foot apartment on the third floor offers additional flexibility. This corner location on Auiki and Kalihi Streets offers excellent visibility for businesses needing showroom space. The asking price is $2,400,000. Given Oahu's extremely low industrial vacancy rate (1%), this presents a rare opportunity to acquire a desirable industrial property in a prime Honolulu location. The recent downward trend in interest rates further enhances the appeal of this investment.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
3,531 SF
Lot
0.14 ac (6,185 SF)
Zoning code
I-2 INDUSTRIAL-GENERAL
APN
1-1-2-006-022
UPID
US24-0228025
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
-
Auto Repair Shop
-
Auto Parts Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
since 2025
Last sale
$1.9M
2 recorded transactions
Zoning & alternative use
I-2 INDUSTRIAL-GENERAL · Honolulu, HI
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
3,531 SF
Lot area
0.14 ac
Year built
1973
Stories
1
APN
1-1-2-006-022
Zoning
I-2 INDUSTRIAL-GENERAL
Assessed value
$1,843,200
Annual tax
$22,086
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.51M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.4 mi away · 3,750 SF
0.4 mi away · 3,800 SF
0.7 mi away · 3,800 SF
7.2 mi away · 3,405 SF
10.5 mi away · 3,441 SF
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 76 sales
$277
+55%
Submarket 125 sales
$278
+54%
County 249 sales
$251
+71%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $429/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.85M
Move the market yield to see immediate price impact.
Value / SF
$524
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$117k
$2.33M
$1.66M
$1.30M
$130k
$2.59M
$1.85M
$1.44M
$142k
$2.85M
$2.03M
$1.58M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$1.68M
0.4 mi · Jan 2026 · $441/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$22,086
Tax year 2023
Assessed value
$1,843,200
Assessed 2024
Previous assessed
$1,843,200
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$1,560,500
Assessed improvement
$282,700
Land market value
$1,560,500
Improvement market value
$282,700
Total market value
$1,843,200
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
12
Total area
3,531 SF
Lot
0.14 ac (6,185 SF)
Zoning code
I-2 INDUSTRIAL-GENERAL
APN
1-1-2-006-022
UPID
US24-0228025
Jurisdiction
HONOLULU
Zoning & alternative use
I-2 INDUSTRIAL-GENERAL · Honolulu, HIZoning I-2 INDUSTRIAL-GENERAL · permitted uses
I-2 INDUSTRIAL-GENERAL · Honolulu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
12
Lot
0.14 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I-2 INDUSTRIAL-GENERAL
Jurisdiction
Honolulu, HI
Recorded code
I-2 INDUSTRIAL-GENERAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-2 INDUSTRIAL-GENERAL in Honolulu, HI.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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