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Property profile & analytics

711 Kapiolani Blvd Honolulu, HI 96813-5214

  • Commercial real estate
  • 221,978 SF
  • 1.79 lot acres
OFF-MARKET
Last Sale
Jun 16, 2022
$57,600,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US24-0002634
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

  • BYORA U.S.A. CORPORATION / Industrial Manufacturer / Metal Fabrication Plant
  • Sharon Rasos | Fairway Independent Mortgage Corporation Senior Loan Officer / Loan Service / Bank
  • Department of Transportation Services / City Department Of Transportation / Department Of Transportation
  • Shigetomi Keith S / Law Firm
  • CorVel Corporation / Law Firm

Property Details for 711 Kapiolani Blvd

Year built
1988
Lot size
1.79 lot acres
Property size
221,978 SF
Zone code
KAKAAKO CO
Property type
Commercial real estate
APN
1-2-1-047-001
APU
121047001

Description

This exceptional 2,992-square-foot Class A office space in Honolulu's Kaka'ako submarket is a rare find. Located on the ground floor of the iconic Pacific Park Plaza at 711 Kapiolani Boulevard, this single-tenant suite boasts impressive street visibility and expansive views. The move-in ready space features a thoughtfully designed layout including a reception area, conference room, individual offices, a common work area, private restroom, storage, and a break area. External and internal entrances provide convenient access. Seven unreserved parking stalls are included, currently rented at $195 per month. The lease is available until January 31, 2027, with a five-year option. All existing office furniture is available for purchase, presenting a fully turnkey opportunity for immediate occupancy. Pacific Park Plaza offers a desirable location within walking distance of Kaka'ako Waterfront Park, The Neal Blaisdell Center, and Honolulu City Hall. The building itself provides ample parking, 24-hour security, on-site management, and well-maintained common areas and lobby. Its prime location offers easy access to downtown Honolulu, avoiding congestion, and proximity to numerous amenities including restaurants, Ala Moana and Ward Village shopping centers, cultural attractions, fitness facilities, and major bus routes. This property is ideal for businesses seeking a prestigious address and a highly functional workspace in a vibrant and convenient location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $41,970,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $63,820,000
    6.5%
    $58,910,000
    7%
    $54,700,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $65,771,000
    Market price range: $12.1M - $121M
  • Alternative Use

    Use
    Estimation
    APARTMENT HOUSE (5+ UNITS)
    $91,245,000
    INDUSTRIAL (GENERAL)
    $90,245,000

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


Location Insight

  • Map
  • Local Demand
City
Honolulu
County
Honolulu
State
Hawaii
Longitude
-157.856
Latitude
21.3014
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
$653,573
$19,850,300
$43,808,500
$63,658,800
-
$19,850,300
$43,808,500
$63,658,800
More about this property
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