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    Property profile & analytics

    Puainako St Hilo, HI 96720

    • Land
    • 161.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Puainako St

    Lot size
    161.00 lot acres
    Property type
    Land

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hilo
    County
    Hawaii
    State
    Hawaii
    Longitude
    -155.121
    Latitude
    19.6838

    Comparable in this City

    • Value Estimation by Request
      1,518 SF

      101 Hilo Lagoon Ctr

      Distribution properties • 1,518 SF
      101 Hilo Lagoon Ctr, Hilo, HI 96720
      View Details
    • Value Estimation
      $255,000
      308 SF

      101 Aupuni St Ste, Unit 105

      APARTMENT HOUSE (UNDER 5 UNITS) • 308 SF
      101 Aupuni St Ste, Hilo, HI 96720-4260
      View Details
    • Value Estimation
      $275,000
      912 SF

      101 Aupuni St Ste, Unit 123

      APARTMENT HOUSE (UNDER 5 UNITS) • 912 SF
      101 Aupuni St Ste, Hilo, HI 96720-4265
      View Details
    • Value Estimation
      $260,000
      958 SF

      101 Aupuni St Ste, Unit 124

      APARTMENT HOUSE (UNDER 5 UNITS) • 958 SF
      101 Aupuni St Ste, Hilo, HI 96720-4265
      View Details
    • Value Estimation
      $260,000
      832 SF

      101 Aupuni St Ste, Unit 129

      APARTMENT HOUSE (UNDER 5 UNITS) • 832 SF
      101 Aupuni St Ste, Hilo, HI 96720-4265
      View Details
    • Value Estimation
      $260,000
      424 SF

      101 Aupuni St Ste, Unit 164

      APARTMENT HOUSE (UNDER 5 UNITS) • 424 SF
      101 Aupuni St Ste, Hilo, HI 96720-4263
      View Details

    Similar Nearby for Sale

    • $525,000
      1,518 SF

      Hilo Warehouse: Prime Location

      1,518 SF Warehouse, $525,000
      101 Hilo Lagoon Ctr, Hilo, HI 96720
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    • $895,000

      Large Acreage Near Town

      Large acreage with utilities, accessible from two streets.
      Puainako St. Ext, Hilo, HI 96720
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    • $739,000
      0.34 Acres

      Large Hilo Family Home

      Large family home near University of Hilo with development potential.
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    • $795,000
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      Hilo Income-Generating Multi-Family Property

      Rare investment opportunity with three buildings in Hilo, Hawaii.
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      2,904 SF

      Hilo Multi-Family Investment Opportunity

      Two homes on one lot in Hilo, Hawaii.
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    • $989,000
      5,464 SF

      Hilo Commercial Property with Warehouse

      Mixed-use property featuring residential space and commercial warehouse.
      77 Silva St, Hilo, HI 96720
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    Similar Nearby for Lease

    • $1.50 SF/Yr
      21,252 SF

      Spacious Office Building in Hilo

      21,252 SF office building in East Hawaii for lease.
      180 Kinoole St, Hilo, HI 96720
      View Details
    • $15 SF/Yr
      37,768 SF

      Hilo Office Space for Lease

      Versatile Hilo office suites, 707-1,086 sq ft.
      120 Pauahi St, Hilo, HI 96720
      View Details
    • $1.75 SF/Yr
      24,824 SF

      Hilo Retail Strip Center

      Prominent retail center in Hilo, high visibility and traffic.
      200 Kanoelehua Ave, Hilo, HI 96720
      View Details
    • $1.20 SF/Yr
      24,781 SF

      Professional Office Building in Hilo

      Professional office building with ample parking and scenic views.
      100 Pauahi St, Hilo, HI 96720
      View Details
    • $1.75 SF/Yr
      10,696 SF

      Historic Hilo Bayfront Retail Space

      Prime Hilo location with high traffic and visibility.
      184 Kamehameha Ave, Hilo, HI 96720
      View Details
    • Contact for pricing
      15,000 SF

      Premier Retail Destination in Hilo

      Premier retail center with national anchors and high foot traffic.
      325 Makaala St, Hilo, HI 96720
      View Details
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    Puainako St
    Hilo, HI 96720
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    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
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