99-1392 Koaha Pl Aiea, HI 96701
- Warehouses
- 4,955 SF
- 0.53 lot acres
Current Use by Public Records
- MK Electric LLC / Electrician
- Standard Electric Inc / Electrician
Property Details for 99-1392 Koaha Pl
- Year built
- 1999
- Lot size
- 0.53 lot acres
- Property size
- 4,955 SF
- Zone code
- I-2 INDUSTRIAL-GENERAL
- Property type
- Warehouses
- APN
- 1-9-9-077-017
- APU
- 199077017
Description
This exceptional 4,955 square foot warehouse in Aiea, Hawaii, presents a unique owner-user opportunity. Located in Halawa Business Park, this property boasts convenient access to all three major freeways, placing it just 10 minutes from Honolulu International Airport, 15 minutes from downtown Honolulu, and 20 minutes from Kapolei. The 1999-built structure sits on a substantial 22,871 square foot lot (APN: 9-9-77-17) and is zoned I-2. The warehouse features ceiling heights ranging from 16 to 20 feet, four 12' x 10' roll-up doors, and ample parking with 18 marked stalls and extensive yard space ideal for storage or additional vehicles. Inside, you'll find well-maintained office space with a secured entrance, reception area, mezzanine storage, private offices, a conference room, kitchenette, and two restrooms (one with a shower). The property's leasehold ownership offers flexibility, allowing for either complete owner-use or the creation of leasable sections for added revenue. This is a rare opportunity to acquire a well-located, versatile industrial property in a thriving area. The property is ready for immediate occupancy.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,070,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,100,000
- 6.5%
- $1,035,000
- 7%
- $945,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,100,000
- Geo Method
- $1,085,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $960,000
- Retail
- $1,170,000
- Mixed-Use
- $855,000
- Hospitality
- $950,000
- Educational
- $1,165,000
- Residential Income
- $1,090,000
- Energy
- $970,000
- Income-Based Land
- $1,070,000
- Food Service
- $1,185,000
Location Insight
- Map
- Local Demand
- City
- Aiea
- County
- Honolulu
- State
- Hawaii
- Longitude
- -157.902
- Latitude
- 21.3722
- CBSA code
- 46520
- CBSA name
- URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA