NOT LISTED FOR SALE

586 South St Honolulu, HI 96813

Downtown Honolulu Neighborhood

Estimated Value: $4,048,967

0.27 Acre
$14,793,914 Price per Acre
11,922 Sq Ft Lot

Sale Details

Date Sold: April 29, 2025

Last sale price $3,815,000

Est. 6% increase in value since last sale

Current estimated payment $26,164 / mo

412 Days on Market

Highlights

  • City View
  • Corner Lot
  • 4-minute walk to Mother Waldron Neighborhood Park
  • 11,922 Sq Ft lot

About This Lot

As of April 2025

One of the last vacant fee-simple parcels of land in Kaka'ako ready for an owner-user or developer. Prime corner of South Street and Halekauwila Street directly across the street from the upcoming Civic Center rail station. Located at the edge of Downtown Honolulu and a short distance to the many retail shops and eateries of Kaka'ako. Buyer to do their own due diligence. Call listor for more info. One or more photos have been enhanced for this listing.

Last Agent to Sell the Property

Kevin Nishikawa

Marcus Realty Brokerage Phone: (808) 839-7446 License #RB-17304 Listed on: 02/01/2024

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $44,882

Lot Details

  • 11,922 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Zoning described as Kak – Kakaako Community Development Project

Additional Features

  • City Views
  • Underground Utilities

Community Details

  • Kakaako Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1-2-1-030-012-0000

Property Details

Property Type

Land

Est. Annual Taxes

$44,882

Lot Details

0.27 Acres

Listing Details

  • Property Sub Type: Land
  • Prop. Type: Land
  • Attribution Contact: (808) 839-7446
  • Current Use: Commercial, Residential
  • Road Surface Type: Paved
  • MLS Status: Closed
  • Subdivision Name: KAKAAKO
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Possible Use: Commercial, Industrial, Multi-Family, Office, Other, Service Business

Exterior Features

  • Lot Features: Cleared, Corner Lot, Level
  • Topography: Level
  • View: City
  • View: Yes
  • Disclosures: Call Agent
  • Exterior Features: None

Utilities

  • Utilities: Electricity Available, Sewer Available, Underground Utilities, Water Available
  • Sewer: Not Connected

Lot Info

  • Additional Parcels: No
  • Parcel Number: 1-2-1-030-012-0000
  • Zoning Description: Kak – Kakaako Community Development Project

Tax Info

  • Tax Annual Amount: 44881.8

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Apr 29, 2025
Sold by
Bought by
Seller's Agent
Kevin Nishikawa
Marcus Realty
List Price
$4,100,000
Sold Price
$3,815,000
Premium/Discount to List
-$285,000
-6.95%
Views
33
Current Estimated Value
$4,048,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,967
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Nov 23, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 24, 2002
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Honolulu, HI

  • Neal Tachibana Real Estate Agent - Realty Edge Inc

    Neal Tachibana

    Realty Edge Inc

    (808) 201-2979

    35 Total Sales

    1 in Downtown Honolulu

    $1,295,000 Price

    Neal Tachibana
     Section Image
  • Eunji Hong Real Estate Agent - Real Select International LLC

    Eunji Hong

    Real Select International LLC

    (808) 563-4788

    9 Total Sales

    1 in Downtown Honolulu

    $620,000 Price

    Eunji Hong
     Section Image
  • Jason Subt Real Estate Agent - Real Broker

    Jason Subt

    Real Broker

    (808) 425-9141

    114 Total Sales

    1 in Downtown Honolulu

    $305,000 Price

    Jason Subt
     Section Image
  • Kristy Nakamura Real Estate Agent - eXp Realty

    Kristy Nakamura

    eXp Realty

    (808) 582-5960

    74 Total Sales

    4 in Downtown Honolulu

    $455K - $873K Price Range

    Kristy Nakamura
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  • Cindy Scott Real Estate Agent - Harcourts Island Real Estate

    Cindy Scott

    Harcourts Island Real Estate

    (760) 454-4012

    24 Total Sales

    1 in Downtown Honolulu

    $345,000 Price

    Cindy Scott
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  • Doug Ward Real Estate Agent - Compass

    Doug Ward

    Compass

    (808) 201-0267

    37 Total Sales

    1 in Downtown Honolulu

    $339,000 Price

    Doug Ward
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Title Guaranty
-- Title Guaranty
-- None Available
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/29/2025 04/29/25 Sold $3,815,000 -7.0% --
03/19/2025 03/19/25 Pending -- -- --
02/01/2024 02/01/24 For Sale $4,100,000 -- --
Source: HiCentral MLS (Honolulu Board of REALTORS®)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $46,922 $3,784,000 $3,784,000
2025 $46,922 $3,784,000 $3,784,000
2024 $44,882 $3,619,500 $3,619,500
2023 $44,882 $3,619,500 $3,619,500 $0
2022 $43,522 $3,509,800 $3,509,800 $0
2021 $41,482 $3,345,300 $3,345,300 $0
2020 $39,183 $3,159,900 $3,159,900 $0
2019 $39,183 $3,159,900 $3,159,900 $0
2018 $77,242 $3,114,600 $3,114,600 $0
2017 $37,919 $3,058,000 $3,058,000 $0
2016 $34,409 $2,774,900 $2,774,900 $0
2015 $28,790 $2,321,800 $2,321,800 $0
2014 -- $2,041,700 $2,041,700 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Nishikawa Real Estate Agent - Marcus Realty

    Seller's Agent in 2025

    Kevin Nishikawa

    Marcus Realty

    (808) 220-9220

    2 in this area

    37 Total Sales

    Kevin Nishikawa
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Map

Source: HiCentral MLS (Honolulu Board of REALTORS®)

MLS Number: 202402847

HiCentral MLS (Honolulu Board of REALTORS®)

APN: 1-2-1-030-012-0000

Hawaii Honolulu County Honolulu 96813 Downtown Honolulu

586 South St, Honolulu, HI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

HiCentral MLS (Honolulu Board of REALTORS®) Some of the active listings appearing on this site may be listed by other REALTORS(R). If you are interested in those active listings, our company may represent you as the buyer's agent. If the active listing you are interested in is our company's active listing, you may speak to one of our agents regarding your options for representation.
Based on information from the Multiple Listing Service of HiCentral MLS, Ltd. Information is deemed reliable but not guaranteed. Copyright 2026 HiCentral MLS, Ltd

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