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Property profile & analytics

98-48 Kamehameha Hwy Aiea, HI 96701-5120

  • Commercial real estate
  • 1,306 SF
  • 0.12 lot acres
OFF-MARKET
Last Sale
Nov 18, 2020
$973,634
Value Estimations
$815,000
Show details
Cap Rate Potential
2.8%
Commercial real estate
Location Intelligence
Property ID
US24-0347632
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

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

based on Realmo’s proprietary methodology
  • 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

Get a detailed, property-specific valuation — fast and free


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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$12,809
$599,600
$467,200
$1,066,800
-
$599,600
$467,200
$1,066,800
More about this property
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