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Financial
Distress signals
Property profile

2240 Waikolu Way Honolulu, HI 96815

OFF-MARKET
Commercial real estate
Property ID
US24-0268587
4,460 SF 0.1 ac lot Built 1939
Last sale Sep 2019 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional three-story building, located at 2240 Waikolu Way in Honolulu, HI 96815, between Seaside Avenue and Royal Hawaiian Avenue, offers 4,262 square feet of versatile commercial space currently available for lease. The property, zoned X5, sits on 0.1 acres (APN: 1-2-6-019-005-0000) and is ideal for a variety of uses, including restaurants, bars, retail, or office spaces. The building features open-plan, loft-like spaces with abundant natural light and has recently undergone…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$31k
Tax billed · 2023
Assessed value · 2024$4.88M
Assessed land$3.89M
Assessed improvement$991k
Effective rate0.64%

Value estimate

· Oct 2026
$2.06M
$1.85M – $2.26M
Submarket $/SF estimate$1.92M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$694/SF
ZIP average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$217 – $1,094
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
U/X6/20
JurisdictionHONOLULU

Location intelligence

Which uses thrive at this corner?

Location

2240 Waikolu Way Honolulu, HI 96815-2510
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2184 Kalakaua, Honolulu, HI 96815-2319 $40,000,000 Jun 2025 2,910 SF
2456 Kalakaua, Honolulu, HI 96815-3237 $7,300,000 Oct 2024 4,500 SF
400 Hobron Lnph1, Honolulu, HI 96815-1226 $600,000 Sep 2024 3,490 SF
445 Seaside Ave, Honolulu, HI 96815-2640 $1,400,000 Aug 2024 4,335 SF
3212 Monsarrat, Honolulu, HI 96815-4446 $4,500,000 Sep 2023 2,714 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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