Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    99-927 Iwaena St Aiea, HI 96701-3284
    Back to Search
    Property profile & analytics

    99-927 Iwaena St Aiea, HI 96701-3284

    View on Map
    • Warehouses
    • 5,800 SF
    • 0.46 lot acres
    Off-Market
    Last Sale Dec 30, 2021
    $25,000
    Property ID
    US24-0089021
    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.
    Value Estimations
    $635,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • TUNED BY TEN LLC / Motorcycle Shop
    • SRG Fires Services Inc / General Contractor / Security Service
    • campania lures / (Bike/Boat/Book/etc) Store
    • State Termite & Pest Control / Garden Center
    • Kazu's Electrical Inc / Electrical Service / General Contractor

    Property Details for 99-927 Iwaena St

    Year built
    1981
    Lot size
    0.46 lot acres
    Property size
    5,800 SF
    Zone code
    I-2 INDUSTRIAL-GENERAL
    Property type
    Warehouses
    APN
    1-9-9-072-029
    APU
    199072029

    Description

    This exceptional Aiea industrial property offers 2,080 square feet of warehouse space, perfect for a single tenant seeking a functional and efficient operation. The building features a convenient mezzanine office area, providing valuable additional space for administrative tasks or storage. A private restroom is included for employee convenience. The property boasts three reserved parking stalls directly in front of the warehouse, ensuring easy access and ample parking for staff and visitors. A single drive-in bay simplifies loading and unloading operations, enhancing efficiency and streamlining workflow. The warehouse is zoned I-2, offering flexibility for a variety of industrial uses. The vacant space totals 1,818 square feet, providing ample room for operations. This property is located at 99-927 Iwaena St, Aiea, HI 96701, offering a strategic location within the Aiea industrial area. The property's design and features make it an ideal choice for businesses seeking a well-maintained and functional warehouse space in a convenient location. This is a rare opportunity to secure a single-tenant warehouse in a desirable area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $577,000
      Market price range: $223k - $577k
      AI Estimate
      $449,000
      Market price range: $167k - $449k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $405,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Aiea
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.912
    Latitude
    21.3741
    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
    $30,170
    $1,862,300
    $597,800
    $2,460,100
    -
    $1,862,300
    $597,800
    $2,460,100

    Comparable in this City

    • Value Estimation by Request
      3,490 SF

      99-1066 Iwaena St

      WAREHOUSE, STORAGE • 3,490 SF
      99-1066 Iwaena St, Aiea, HI 96701-3250
      View Details
    • Value Estimation by Request
      9,608 SF

      99-1016 Iwaena St

      WAREHOUSE, STORAGE • 9,608 SF
      99-1016 Iwaena St, Aiea, HI 96701-3250
      View Details
    • Value Estimation
      $595,000
      13,400 SF

      99-950 Iwaena St

      WAREHOUSE, STORAGE • 13,400 SF
      99-950 Iwaena St, Aiea, HI 96701-5645
      View Details
    • Value Estimation
      $3,080,000
      121,255 SF

      98-107 Kamehameha Hwy

      WAREHOUSE, STORAGE • 121,255 SF
      98-107 Kamehameha Hwy, Aiea, HI 96701-4827
      View Details
    • Value Estimation
      $1,750,000
      54,908 SF

      99-859 Iwaiwa St

      WAREHOUSE, STORAGE • 54,908 SF
      99-859 Iwaiwa St, Aiea, HI 96701-3267
      View Details
    • Value Estimation
      $870,000
      28,360 SF

      99-1205 Halawa Vly St

      WAREHOUSE, STORAGE • 28,360 SF
      99-1205 Halawa Vly St, Aiea, HI 96701-3291
      View Details

    Similar Nearby for Sale

    • $325,000

      Industrial Flex Commercial Business Opportunity

      Existing business with prime street frontage and expansion potential.
      98-019 Kamehameha Hwy, Aiea, HI 96701
      View Details
    • Contact for pricing
      4,955 SF

      Halawa Business Park Warehouse

      Warehouse in Halawa Business Park with freeway access.
      99-1392 Koaha Pl, Aiea, HI 96701
      View Details
    • New
      $495,000
      12,985 SF

      Halawa Industrial Park Warehouse

      Leasehold industrial building with warehouse, office, and yard.
      99-1418 Koaha Pl, Aiea, HI 96701
      View Details
    • $420,000
      824 SF

      Aiea Industrial Space: High Demand!

      824 sq ft Industrial Unit, Great Location
      98-1247 Kaahumanu St, Aiea, HI 96701
      View Details
    • Contact for pricing

      Built-Out Office with Multiple Suites

      Office unit with multiple suites, wet bar, and restroom.
      98-1247 Kaahumanu St, Aiea, HI 96701
      View Details
    • Contact for pricing
      640 SF

      Pearlridge Center Restaurant Opportunity

      Established restaurant business for sale in Pearlridge Center.
      98-1005 Moanalua Rd, Aiea, HI 96701
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Aiea Industrial Space For Rent

      2,425 sq ft industrial space with roll-up door.
      99-899 Iwaena St, Aiea, HI 96701
      View Details
    • $1.85 SF/Yr

      Industrial Property for Lease

      Industrial property available for lease in Aiea, Hawaii.
      99-056 Koaha Way, Aiea, HI 96701
      View Details
    • Contact for pricing

      Halawa Valley Commercial Space

      Commercial space for rent in Halawa Valley.
      99-1410 Koaha Pl, Aiea, HI 96701
      View Details
    • Contact for pricing

      Aiea Office Space For Rent

      Fully built-out office space with multiple suites and amenities.
      98-1247 Kaʻahumanu St, Aiea, HI 96701
      View Details
    • $3 SF/Yr

      Aiea Retail Center on Highway

      Retail spaces in a high-traffic Aiea location, near Pearlridge.
      98-199 Kamehameha Hwy, Aiea, HI 96701
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    99-927 Iwaena St
    Aiea, HI 96701-3284
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    99-927 Iwaena St, Aiea, HI, 96701
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!