Financial
Distress signals
Property profile

Ste-108-3565 Waialae Ave Honolulu, HI

FOR SALE
Commercial real estate
Property ID
US24-0364770
6,160 SF 0.15 ac lot Built 1969
Last sale Jul 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional turnkey restaurant opportunity is located at 3565 Waialae Avenue in Honolulu, Oahu, Hawaii, 96816. The property, encompassing 1,448 square feet, is a well-established and beloved local Japanese restaurant, operating successfully since 2000. It boasts a strong and loyal customer base, built over two decades of service. The sale includes the established business, ready for immediate transfer to new ownership, subject to landlord approval. The lease is a Triple Net (NNN)…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$27k
Tax billed · 2023
Assessed value · 2024$2.15M
Assessed land$1.70M
Assessed improvement$453k
Effective rate1.24%

Value estimate

· Sep 2026
$965k
$869k – $1.06M
Submarket $/SF estimate$1.34M
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$3k
Operating expenses−$14k
NOI · 13.69% cap applied$41k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$360/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$187 – $590
Qualifying comparables5

Cap rate analysis

How does the asset earn?
13.69%
$41k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
The intent of the B-2 community business district is to provide areas for community wide business establishments, serving several neighbo...
General categoryCOMMERCIAL
JurisdictionHONOLULU

Location intelligence

Which uses thrive at this corner?

Location

Ste-108-3565 Waialae Ave Honolulu, HI
County assessor Recorded deeds · 7 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1204 8th, Honolulu, HI 96816-2603 $313,243 Dec 2024 4,613 SF
3555 Harding, Honolulu, HI 96816-2468 $5,600,000 May 2023 8,088 SF
4134 Waialae, Honolulu, HI 96816-4664 $2,056,276 May 2023 8,567 SF
1108 12th, Honolulu, HI 96816-3767 $2,500,000 Nov 2022 4,853 SF
3470 Waialae, Honolulu, HI 96816-2648 $707,562 Oct 2022 5,204 SF
2144 Kauhana, Honolulu, HI 96816-3014 $1,900,000 May 2022 5,416 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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