Realmo Analytics

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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). 1-yr Hold Held for 1 years. 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?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Nov 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 5 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 comparables5

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 5 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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