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Property profile & analytics
FOR SALE
Commercial real estate

85-866 Farrington Hwy Waianae, HI 96792

2,215 SF 0.27 ac lot Built 1953
Entity Owned Free & Clear
Property ID
US24-0348047
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 Business, allowing for diverse uses. Currently, one building is occupied, while the other offers significant redevelopment or lease-up potential. The property includes abundant parking, with a large parking area facing Farrington Highway and a secondary lot at the rear. Two convenient curb cuts optimize traffic flow. This property offers significant upside for owner-users seeking high visibility and convenient access, or investors aiming to maximize cash flow through leasing. The large land parcel also presents potential for future development. The address is 85-866 Farrington Hwy, Waianae, HI 96792, with APN 1-8-5-10-6 & 7.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1953
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,215 SF
Lot 0.27 ac (11,900 SF)
Zoning code B-2
APN 1-8-5-010-007
UPID US24-0348047
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
The Recruiters Music Development
The Recruiters Music Development
since 2025
7 recorded transactions
2025
Price N/A
2019
Price N/A
2019
Price N/A
2017
Price N/A
2017
$743,160
2015
$2.4M
2004
Price N/A
Zoning & alternative use
B-2 · Waianae, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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