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Property profile & analytics
OFF-MARKET Estimated value $990,000
Banks

41 Lipoa St Kihei, HI 96753-8148

4,500 SF 3.35 ac lot Built 1988
Individually Owned 27-yr Hold Free & Clear
Property ID
US24-0321137
Property summary
AI-generated overview

Lipoa Center, located at 41 East Lipoa Street in Kihei, Hawaii (zip code 96753), offers exceptional office space in Maui County. This retail and office property boasts a total of 45,199 square feet, with multiple tenancies available. Currently, there are 4,280 square feet of vacant space, divisible into units ranging from a minimum of 2,040 square feet to a maximum contiguous space of 2,240 square feet. The property's convenient location in Kihei town ensures ample customer parking, a significant advantage for businesses. The property's classification includes Executive Office and Medical Office space, making it suitable for a variety of professional uses. The property's Assessed Parcel Number (APN) is (2) 3-9-2-149. First Hawaiian Bank is among the current tenants, highlighting the property's established presence and desirability within the Kihei business community. This centrally located property presents a unique opportunity for businesses seeking high-quality office space in a thriving Maui location. The property's diverse suite sizes cater to businesses of varying scales, offering flexibility and adaptability. Interested parties are encouraged to inquire about available spaces and lease terms.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1988
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,500 SF
Lot 3.35 ac (145,720 SF)
Zoning code B-2
APN 3-9-002-149
UPID US24-0321137
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$990k
Owner & transaction history
Rehabilitation Hospital Pacifi · 27 yrs held
Rehabilitation Hospital Pacifi
since 1998
1 recorded transaction
1998
$262,000
Zoning & alternative use
B-2 · Kihei, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $915,000 +28.4%
Auto repair, garage $850,000 +19.2%
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