Entity Owned Property summary
The property consists of approximately 1.04 acres of land on a corner lot, comprising five parcels identified by Tax Map Keys (TMK) 1-1-2-14: 62, 63, 64, 82, and 83, with the total square footage and assessed values aggregated across all parcels. The site is adjacent to the New City Nissan dealership and is zoned BMX-3, which permits a range of commercial and residential uses under a 200-foot height limit. The location is within approximately one-half mile of the Middle Street rail and bus stations and is also near Daniel K. Inouye International Airport, Honolulu Harbor, and the Central Business District. An additional approximately 6.24 acres is available under a separate listing, covering TMKs 1-1-2-14:49, 62, 63, 64, 82, 83, 93; 1-1-2-15:1, 2, 3; and 1-1-2-16:19.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
BMX-3 · Honolulu, HI272 (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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BMX-3 in Honolulu, HI.
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