Financial
Distress signals
Property profile

87-166 Farrington Hwy Waianae, HI 96792

FOR SALE
Warehouses
Property ID
US24-0393183
3,600 SF 0.23 ac lot Built 1989
Last sale Aug 2012 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$9k
Tax billed · 2023
Assessed value · 2024$725k
Assessed land$350k
Assessed improvement$375k
Effective rate1.19%

Value estimate

· Sep 2026
$460k
$414k – $506k
AI approach$315k
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$9k
Operating expenses−$37k
NOI · 3.65% cap applied$62k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$251/SF
County average, outlier-cleaned · 249 recorded sales of this use type
Observed band · Q1–Q3$95 – $418
Qualifying comparables7

Cap rate analysis

How does the asset earn?
3.65%
$62k 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-1 NEIGHBORHOOD BUSINESS
JurisdictionHONOLULU

Location intelligence

Which uses thrive at this corner?

Location

87-166 Farrington Hwy Waianae, HI 96792
County assessor Recorded deeds · 5 transfers 7 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

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Maunaolu, Waianae, HI 96792 $3,982,822 Aug 2022 5,760 SF
87-210 Kulaaupuni, Waianae, HI 96792-3110 $620,000 Nov 2018 2,220 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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