Property profile

91-361 Kaiholo St Kapolei, HI 96707

OFF-MARKET
Warehouses
Property ID
US24-0324213
10,800 SF 1.7 ac lot Built 2010
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple industrial property located at 91-361 Kaiholo St, Kapolei, HI 96707. Situated on a 1.7-acre lot within the Kenai Industrial Park, this property boasts two separate warehouse buildings constructed in 2007 and 2010, offering a combined 24' ceiling height. The property is currently occupied by two strong tenants: Harrington Industrial Plastics, a national company with over 60 locations, and 808 Diesel Performance, a Hawaii-based business operating since 2011. The property's zoning is I-3 | Waterfront Industrial, allowing for potential future expansion. The property enjoys a prime location, just three miles from the H-1 freeway entrance and adjacent to Kalaeloa Harbor, providing convenient access to transportation and shipping. The large, open yard space optimizes container and vehicle flow. The property offers a strong financial performance, with a Net Operating Income (NOI) of $361,904 and a 4.96% capitalization rate. The asking price is $7,300,000. This is a rare chance to acquire a well-located, high-performing industrial investment property in West Oahu's thriving industrial district. The property's proximity to Kalaeloa Harbor, which handles various cargo types, further enhances its strategic value.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2010
Construction STEEL FRAME
Total area 10,800 SF
Lot 1.7 ac (74,224 SF)
Zoning code I-3 INDUSTRIAL-WATERFRONT
APN 1-9-1-074-007
UPID US24-0324213

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Metal Fabrication Plant
  • Auto Repair Shop
  • Auto Repair Shop Vehicle Inspection Center

Location

91-361 Kaiholo St Kapolei, HI 96707-1848
Kapolei metro Census 980300 URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2024
Last sale
$6.5M
4 recorded transactions
2024
$6.5M
2016
Price N/A
2004
$575,236
1969
Price N/A

Zoning & alternative use

I-3 INDUSTRIAL-WATERFRONT · Kapolei, HI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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