98-48 Kamehameha Hwy Aiea, HI 96701-5120
- Commercial real estate
- 1,306 SF
- 0.12 lot acres
Nov 18, 2020
Current Use by Public Records
- Commercial real estate
Property Details for 98-48 Kamehameha Hwy
- Year built
- 1962
- Lot size
- 0.12 lot acres
- Property size
- 1,306 SF
- Zone code
- B-2
- Property type
- Commercial real estate
- APN
- 1-9-8-022-079
- APU
- 198022079
Description
This exceptional commercial property presents a rare opportunity for a savvy investor or business owner. Located on Kamehameha Highway, this offering encompasses a substantial 13,170 square feet of land, providing ample space for development or expansion. The existing building, totaling 2,610 square feet, offers immediate occupancy potential for a variety of retail uses. The property is offered with a long-term ground lease, providing significant stability and predictability for future operations. This is an ideal location for businesses seeking high visibility and accessibility, benefiting from the significant traffic flow along Kamehameha Highway. The single-tenancy nature of the property ensures complete control and operational flexibility. The substantial land area presents significant potential for future development or expansion, allowing for customization to meet specific business needs. This unique combination of existing building space and expansive land area makes this a truly exceptional opportunity in a highly desirable location. The long-term ground lease minimizes upfront capital investment and provides a clear path to long-term profitability. Serious inquiries are encouraged to explore this remarkable investment prospect. Don't miss this chance to secure a prime retail location with significant growth potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $810,000
- ML approach
- $780,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $534,000
Market price range: $141k - $535k
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Location Insight
- Map
- Local Demand
- City
- Aiea
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.949
- Latitude
- 21.3853
- CBSA code
- 46520
- CBSA name
- URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA