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Property profile & analytics
FOR LEASE
Office buildings

500 Welakahao Rd 2 Kihei, HI 96753

3,721 SF 14.5 ac lot Built 2004
Individually Owned 1-yr Hold Free & Clear
Property ID
US24-0530233
Property summary
AI-generated overview

This exceptional 35,913-square-foot lot, part of the 630,000-square-foot Kanani Industrial Park in Kihei, Hawaii, presents a unique opportunity for manufacturing businesses. Located at 500 E Welakahao Rd, 96753, this property boasts convenient access via both Welakahao Road and Kanani Road. The entire park is securely gated, providing peace of mind and enhanced security. The lot is situated on a sizable 631,620-square-foot parcel, zoned M-2, offering ample space for operations and expansion. The entire 630,000-square-foot building is currently vacant, allowing for complete customization to suit specific manufacturing needs. The lease rate is competitively priced at $0.20 per square foot per month, with an operating expense rate of $0.01 per square foot per month. This property offers a strategic location in Kihei, Maui County, adjacent to the Kihei Wastewater plant, providing convenient access to essential infrastructure. The property's size and location make it ideal for a variety of manufacturing operations seeking a secure and well-situated base of operations in a thriving Hawaiian community. This is a rare opportunity to secure a significant industrial space in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction WOOD
Total area 3,721 SF
Lot 14.5 ac (631,620 SF)
Zoning code AGR
APN 2-2-002-078
UPID US24-0530233
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
$1.22M
Comparable Approach Comparable
by Request
Blend (final) Blend
$905k
Owner & transaction history
James Philip Stone · 1 yrs held
James Philip Stone
since 2025
5 recorded transactions
2025
Price N/A
2024
Price N/A
2024
Price N/A
2009
$1,000
2009
Price N/A
Zoning & alternative use
AGR · Kihei, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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