94-129 Leokane St, Waipahu, HI 96797-2257
This exceptional owner-user opportunity presents a 22,743-square-foot warehouse located at 94-129 Leokane Street, Waipahu, HI 96797. Priced at $4,350,000 ($191.27/sq ft), this fee simple property offers significant advantages. Built in 1970 and effectively renovated in 1980, the warehouse boasts a high cube design with 26-foot clearance, reaching 30 feet in the center, ideal for various industrial uses. The open layout allows for easy truck access and loading. Ample storage is provided by multiple mezzanine levels. The property features 3-phase power and is secured by a chain-link fence and gates. Parking is available both in front of the building and on the street. Situated on a 20,000-square-foot lot (APN: (1) 9-4-49: 44) and zoned I-2, this warehouse enjoys a convenient location within the Waipahu Industrial Park, offering easy access to the H-1 Freeway, Farrington Highway, and Fort Weaver Road. Its proximity to the newly opened Skyline, Farrington/Leoku rail station places it within a transit-influenced zone (TIZ) precinct, benefiting from integrated land use and transportation planning. This is a rare opportunity to acquire a well-located, functional warehouse in a thriving industrial area.
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Bayview Insurance: Allstate Insurance Insurance Agency
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
I-2 INDUSTRIAL-GENERAL · Waipahu, HIWaipahu. 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.