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    Property profile & analytics
    OFF-MARKET Estimated value $1,645,000
    Warehouses

    94-129 Leokane St, Waipahu, HI 96797-2257

    12,931 SF 0.46 ac lot Built 1970
    Entity Owned 8-yr Hold ~ Est. High Equity
    Property ID
    US24-0214926
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1970
    Construction STEEL FRAME
    Total area 12,931 SF
    Lot 0.46 ac (20,000 SF)
    Zoning code I-2 INDUSTRIAL-GENERAL
    APN 1-9-4-049-044
    UPID US24-0214926
    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
    Current use
    Occupant on record · Public records
    • Bayview Insurance: Allstate Insurance Insurance Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.65M
    Owner & transaction history
    Bayview Auto Sales INC · 8 yrs held
    Bayview Auto Sales INC
    since 2017
    5 recorded transactions
    2017
    2017
    2013
    $1.6M
    2012
    $1.1M
    1969
    Zoning & alternative use
    I-2 INDUSTRIAL-GENERAL · Waipahu, HI
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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