SOLD 12/01/2021
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Commercial sold for $9,600,000 in 169 days
430 Piikoi St 430 Piikoi St, Honolulu, HI, 96814
Neighborhood: KakaakoOff the market Commercial/Industrial
Prime location across the street from Ala Moana shopping center and Ala Moana Beach Park. Property zoning falls under the Kakaako Hawaii Community Development Authority (HCDA). Perfect opportunity to redevelop in possible affordable housing under Bill 7 or into a retail strip mall. All plans for redevelopment must be submitted and approved by HCDA. Currently this property is generating a 3% CAP rate at $12M. Minutes away from Howard Hughes development in Ward and nestled among luxury high rise condominiums. Subject parcel is over 20,000 sq.ft and over 16,000 in useable interior square footage. Great diverse tenants from bar/restaurant, retail clothing, massage, and taxi dispatch. Rare opportunity to purchase prime real estate land in the Ala Moana area!
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Property details
1957 year built
Price per sqft
$595/sqft
Address
430 Piikoi St, Honolulu, HI, 96814
City of Hawaii
Honolulu
Island
Oahu
Year Built
1957
Frontage
Main Street, Retail Mall
Land tenure
FS - Fee Simple
Parking Spaces
29
Gross Income
441611.00
Net Operating Income
313035.00
Neighborhood
Kakaako
District
Honolulu
Nearby major retailers
Costco
Foodland
Lowe's
Mercedes-Benz
Safeway
Porsche
T-Mobile
Whole Foods Market
Ferrari
Wholesale: 1
Supermarket: 7
Do it yourself: 1
Car: 4
Mobile phone: 1
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Interior Features
29 parking places, Concrete floors
Roof
Other
Property Condition
Above Average, Average
Floor Covering
Concrete
Easements
None
Documents Available
P&L
Garage & Parking
Assigned, On Site, Street
Utilities Included
Light Electricity, Small Water Meter
Amenities
None
Listed by
Marc T Kumai, Ivy K Realty, LLC
Name
Marc T Kumai
License number
RB-18403
Brokerage company
Ivy K Realty, LLC
MLS #
202106548
Buyer agent
Name
Kozue N NG
Brokerage company
HOMETIQUE
(808) 200-7434
(808) 200-7434
Payment calculator
Calculate your monthly payments
Mortgage
$29,475
Taxes
$4,746
HOA dues
$0
Mortgage
$1,920,000 / 20%
2.28%
30 years
Your amount
$29,475 / month
Exterior Features
Concrete Block construction and more
Construction
Concrete Block
Lot details
TMK #1230070230000
Parcel nr.
1230070230000
Kakaako neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in Kakaako
31%
Families with children
National average: 39%
30%
Non family households
364,089
Population
$128,046
Average Income
Age & gender
Median age 44 years
More info
Commute types
64% commute by car
More info
Education level
26% have bachelor education
More info
Number of employees
2% work in education and healthcare
More info
Vehicles available
49% have 1 vehicle
More info
Vehicles by gender
49% have 1 vehicle
More info
Housing market insights for 430 Piikoi St
$722.32k
Neighborhood average
sales price*
sales price*
$518.66k
Neighborhood median
sales price*
sales price*
1240
Number
of sales*
of sales*
Housing type
62% are apartments
More info
Rooms
39% of the houses have 2 or 3 rooms
More info
Bedrooms
45% have 2 or 3 bedrooms
More info
Owners vs Renters
52% are renters
More info
17.17 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Schools
15 schools with rating up to 8
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Elementary School |
0.28mi | |
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
Middle School |
0.28mi | |
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
High School |
0.455mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.28mi | |
| out of 10 |
Queen Kaahumanu Elementary School
1141 Kinau St,
Honolulu, HI 96814
|
0.66mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.856mi | |
| out of 10 |
King William Lunalilo Elementary School
810 Pumehana St,
Honolulu, HI 96826
|
0.923mi |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.928mi |
| School rating | Distance | |
|---|---|---|
|
Redemption Academy
423 Kamakee Street,
Honolulu, HI 96814
|
0.28mi | |
| out of 10 |
President George Washington Middle School
1633 South King St,
Honolulu, HI 96826
|
0.77mi |
|
Hawaiian Mission Academy K-8
1415 Makiki Street,
Honolulu, HI 96814
|
0.856mi | |
| out of 10 |
Voyager - A Public Charter School
547 Halekauwila St,
Honolulu, HI 96813
|
0.928mi |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.99mi |
| School rating | Distance | |
|---|---|---|
| out of 10 |
President William Mckinley High School
1039 South King St,
Honolulu, HI 96814
|
0.455mi |
|
Hawaiian Mission Academy
1438 Pensacola Street,
Honolulu, HI 96822
|
0.856mi | |
| out of 10 |
Myron B. Thompson Academy - A New Century Public Charter School
1040 Richards St,
Honolulu, HI 96813
|
0.99mi |
|
Maryknoll School
1402 Punahou Street,
Honolulu, HI 96822
|
1.025mi | |
|
Maryknoll Grade School
1722 Dole Street,
Honolulu, HI 96822
|
1.114mi | |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Expired Sep 1, 2021
Kakaako Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $345.13k | 7.14% |
| 1 bed | $798k | 17.35% |
| 2 beds | $925k | 58.16% |
| 3 beds | $1.78m | 17.35% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Sep 1, 2021 | Expired | $12,000,000 | 743.86 | MLS #202106548 |
| Aug 23, 2021 | Under contract | $12,000,000 | 743.86 | MLS #202106548 |
| Mar 8, 2021 | New Listing | $12,000,000 | 743.86 | MLS #202106548 |
Taxes of 430 Piikoi St, Honolulu, HI, 96814
Kak – Kakaako Community Development Project zoning / MLS #202106548
Current Property Taxes p/month
$4,746
Assessed Improvement value
$1,479,000
Assessed Land value
$5,361,500
Land Recorded
Land Court
Zoning
Kak – Kakaako Community Development Project
Flood Zone
Zone AE
Total Assessed value
$6,840,500
Tax History
| Year | Taxes | Source |
|---|---|---|
| 2020 | $56,954 | MLS #202106548 |
About Tax & History Data: We obtain the price and history data from public records and / or from local MLS feeds. Please use the contact form on this page if you would like the most up-to-date information.
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Frequently Asked Questions about 430 Piikoi St
What is 430 Piikoi St?
430 Piikoi St is a Exclusive Rights Commercial/Industrial property.
What is the rental income?
The net income is $313,035
*check with agent
What is the full address of this Commercial?
430 Piikoi St, Honolulu, HI, 96814.
What comparable properties are nearby?
Comparable nearby commercial properties include 425 King St, 915 Kekaulike St, 2726 Waiwai Loop, 66-235 Kamehameha Hwy.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Copyright 2024 by HiCentral Mls, Ltd. Listing courtesy of Ivy K Realty, LLC.
Our company may forward your question(s), email address, phone number, name, and any other information you may provide to a licensed real estate agent in the state where the property you are inquiring about is located. We forward your information to assist you in getting you the answers you are requesting. However, you are not obligated to work with this agent. The agent we forward your information to may or may not be the listing agent for the property. Please discuss with the agent regarding your options for representation. Information deemed reliable but not guaranteed.
Listing last updated: Dec 01, 2021
Verhouse Last checked 2 minutes ago
The closest grocery stores are Nijiya Supermarket, 0.04 miles away and Food Land Farms, 0.09 miles away.
The Kakaako neighborhood has a population of 364,089, and 31% of the families have children. The median age is 44.88 years and 64% commute by car. The most popular housing type is "apartment" and 52% is renter.