Financial
Distress signals
Property profile

85-866 Farrington Hwy Waianae, HI 96792

FOR SALE
Commercial real estate
Property ID
US24-0348047
2,215 SF 0.27 ac lot Built 1953
Last sale Sep 2017 · $743,160
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional Waianae, Oahu retail property, the Orita Building, presents a compelling investment opportunity. Priced at $2,700,000, this fee-simple offering encompasses two commercial buildings totaling 10,165 net rentable square feet on a 24,508 square foot lot. Built in 1953 and 1962, the buildings feature a two-story design and boast a prime location along Farrington Highway, providing approximately 151 linear feet of high-visibility frontage. The property is zoned B-2, Community

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value · 2024$964k
Assessed land$438k
Assessed improvement$526k
Effective rate0.10%

Value estimate

· Sep 2026
$350k
$315k – $385k
NOI build-up
Gross scheduled income$404k
Vacancy & credit loss−$19k
Operating expenses−$115k
NOI · 9.97% cap applied$269k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$432/SF
County average, outlier-cleaned · 615 recorded sales of this use type
Observed band · Q1–Q3$167 – $761
Qualifying comparables6

Cap rate analysis

How does the asset earn?
9.97%
$269k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
JurisdictionHONOLULU

Location intelligence

Which uses thrive at this corner?

Location

85-866 Farrington Hwy Waianae, HI 96792
County assessor Recorded deeds · 9 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
87-1624 Farrington, Waianae, HI 96792-3638 $1,550,000 May 2024 2,744 SF
85-885 Farrington, Waianae, HI 96792-2440 $552,800 Dec 2023 1,680 SF
85-770 Farrington, Waianae, HI 96792-2401 $2,000,000 Mar 2023 3,376 SF
85-863 Farrington, Waianae, HI 96792-2440 $135,340 Oct 2022 4,446 SF
87-2230 Farrington, Waianae, HI 96792-3806 $688,000 Dec 2020 1,350 SF
85-802 Farrington, Waianae, HI 96792-2402 $347,733 Jul 2019 1,920 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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