87-166 Farrington Hwy, Waianae, HI 96792
For Sale
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This exceptional owner-user opportunity presents a well-maintained 3,600 square foot flex/warehouse building situated on a 10,000 square foot lot in Waianae, Hawaii (96792). Located on Farrington Highway, this prime location boasts high visibility and traffic. The property features a desirable elevated site, mitigating flood risk, and includes a No Further Action letter from the Department of Health confirming the removal of underground storage tanks. The building itself offers a versatile layout, including a spacious warehouse area with high ceilings (ranging from 19.3 to 21.8 feet), two 13.6 ft x 11.6 ft roll-up doors, and a separate office space (28.5 ft x 38.7 ft x 7.9 ft). Additional features include ample on-site parking (with potential for double or triple parking), two upstairs restrooms and one downstairs, and an upstairs caretaker's unit complete with a kitchen, living room, bedroom, and two bathrooms. The building's dimensions are 28.7 feet wide by 39 feet wide, with an open middle bay. The property is zoned B-1 and offers significant potential for a variety of uses. Asking price is $1,700,000 ($472.22/sq ft). APN: (1) 8-7-11-1. Built in 1989.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-1 NEIGHBORHOOD BUSINESS · Waianae, HIWaianae. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.