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Investment Highlights
- Prime Industrial Location
- Excellent Transportation Connectivity
- Redevelopment & Expansion Potential
Executive Summary
The subject property is a fee simple industrial site located in the urban industrial core of Kalihi, one of Honolulu’s primary industrial submarkets. The parcel contains approximately 10,000 square feet of land and is zoned I-2, which permits a broad range of industrial and compatible commercial uses. The site includes a secured yard area and benefits from a maximum allowable building height of approximately 60 feet, providing flexibility for future redevelopment by an owner-user.
The property’s central location offers convenient access to Nimitz Highway, the H-1 Freeway, and the Port of Honolulu, supporting distribution, service, and light manufacturing uses. The surrounding area is characterized by a concentration of industrial and commercial properties with limited available industrial land, contributing to continued user demand in the Kalihi submarket.
The property’s central location offers convenient access to Nimitz Highway, the H-1 Freeway, and the Port of Honolulu, supporting distribution, service, and light manufacturing uses. The surrounding area is characterized by a concentration of industrial and commercial properties with limited available industrial land, contributing to continued user demand in the Kalihi submarket.
Property Facts
| Price | $2,988,888 | Rentable Building Area | 2,894 SF |
| Price Per SF | $1,032.79 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1946 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.23 AC | ||
| Zoning | I-2 | ||
| Price | $2,988,888 |
| Price Per SF | $1,032.79 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.23 AC |
| Rentable Building Area | 2,894 SF |
| No. Stories | 1 |
| Year Built | 1946 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | I-2 |
Amenities
- Fenced Lot
- Signage
1 1
Walk Score®
Very Walkable (78)
Property Taxes
| Parcel Number | 1-1-2-006-079-0000 | Improvements Assessment | $97,600 |
| Land Assessment | $2,407,500 | Total Assessment | $2,505,100 |
Property Taxes
Parcel Number
1-1-2-006-079-0000
Land Assessment
$2,407,500
Improvements Assessment
$97,600
Total Assessment
$2,505,100
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