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    OFF-MARKET
    Office buildings

    420 Waiakamilo Rd, Honolulu, HI 96817-4975

    125,540 SF 1.53 ac lot Built 1982
    Entity Owned 27-yr Hold Free & Clear
    Property ID
    US24-0555367
    Property summary
    AI-generated overview

    The New Media Center, a five-story office building at 420 Waiakamilo Road, Honolulu, HI 96817, offers 41,953 square feet of executive and medical office space. Currently, 8,293 square feet are vacant, divisible into units ranging from 1,595 to 3,698 contiguous square feet. The building boasts convenient covered parking with a 1:550 ratio, providing direct access. Its location in Kalihi offers easy access to major east-west thoroughfares like Nimitz Highway and Dillingham Boulevard. The IMX-1 zoning allows for a variety of uses. This property is strategically situated in a prime location, home to major Hawaiian television networks including KFVE, KGMB, and KHNL, making it one of the area's most prominent office buildings. The APN is 1-1-5-30:2, and Honolulu County is the governing jurisdiction. This is a multi-tenant building with exceptional access and visibility. Consider this opportunity to establish your business in a well-established and highly visible location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1982
    Total area 125,540 SF
    Lot 1.53 ac (66,731 SF)
    Zoning code U/46/40
    APN 1-1-5-030-002
    UPID US24-0555367
    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
    Current use
    Occupant on record · Public records
    • Pyramid Insurance Centre Ltd Insurance Agency
    • P C Enterprises Inc Telecommunications Service General Contractor
    • Hawaii News Now Television Studio Media Distribution
    • KALO TV Television Studio Media Distribution
    • KHNL-TV Television Studio Media Distribution
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    B P BISHOP TRUST EST
    B P BISHOP TRUST EST
    Zoning & alternative use
    U/46/40 · Honolulu, HI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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