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Property profile & analytics

2613 Waiwai Loop Honolulu, HI 96819-1939

  • Commercial real estate
  • 15,169 SF
  • 0.52 lot acres
OFF-MARKET
Last Sale
Jan 22, 2025
Value Estimations
$7,265,000
Show details
Cap Rate Potential
4.1%
Commercial real estate
Location Intelligence
Property ID
US24-0578154
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Hawaiian Ocean Transport Inc / Trucking Company
  • International Express Inc / Trucking Company

Property Details for 2613 Waiwai Loop

Year built
1967
Lot size
0.52 lot acres
Property size
15,169 SF
Zone code
I-2
Property type
Commercial real estate
APN
1-1-1-016-016
APU
111016016

Description

This exceptional 18,153-square-foot cold storage warehouse in Honolulu, Hawaii, presents a unique investment opportunity. Built in 1967 and extensively renovated in 2009 (with a 2020 roof renovation and 20-year warranty), this single-tenant property boasts 5 dock-high loading bays and a temperature-controlled receiving area. The warehouse features 16,473 square feet of ground-floor space, including chill and freezer storage, plus a USDA inspection office. The second floor offers 1,680 square feet of climate-controlled office space with private offices, a kitchen, and restrooms. The property benefits from new underground electrical service (3-phase, 600-amp power) and is strategically located in the Lagoon Industrial Park, near the Daniel Inouye International Airport, Honolulu Harbor, and major freeways. Its proximity to the planned Lagoon Drive Rail Station, with proposed 5.0 FAR and 160-foot height limits, further enhances its long-term potential. The property is zoned I-2 and sits on a 22,500-square-foot lot (APN: 1-1-16: 16). The asking price is $8,450,000 ($465.49/SF). While the building's size and configuration may vary slightly from official records, potential buyers are responsible for verifying all zoning and municipal requirements.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $6,400,000
    ML approach
    $6,400,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $9,163,000
    Market price range: $2.71M - $10.3M
  • Alternative Use

    Use
    Estimation
    COMMERCIAL (GENERAL)
    $6,180,000
    Current use
    APARTMENT HOUSE (5+ UNITS)
    $6,235,000
    Change: +1% Conversion: Moderate
    INDUSTRIAL (GENERAL)
    $6,165,000
    Change: -0% Conversion: Moderate

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Honolulu
County
Honolulu
State
Hawaii
Longitude
-157.901
Latitude
21.3331
CBSA code
46520
CBSA name
URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$4,130,500
$551,900
$4,682,400
-
$4,130,500
$551,900
$4,682,400
More about this property
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