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    Property profile & analytics

    108 Hekili St Kailua, HI 96734

    • Commercial real estate
    • 35,476 SF
    • 2.31 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US24-0308941
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Baskin-Robbins / Ice Cream Shop / Cake Shop
    • R Field Wine Co / Wine Store
    • Mama's Island Pizza & More / Pizza Restaurant
    • Taqueria El Gallo Rosa / Restaurant / Mexican Restaurant
    • Big City Diner / Diner / American Restaurant

    Property Details for 108 Hekili St

    Year built
    1961
    Construction
    CONCRETE
    Lot size
    2.31 lot acres
    Property size
    35,476 SF
    Zone code
    B-2
    Property type
    Commercial real estate
    APN
    1-4-2-038-023
    APU
    142038023

    Description

    This exceptional restaurant opportunity presents a fully operational, single-tenant establishment located at 108 Hekili Street in the vibrant Kailua, Hawaii community. Boasting a generous 2,342 square feet of space, this property is situated in Honolulu County, zip code 96734, offering immediate income potential for a savvy investor. The property is categorized as a restaurant and operates under a single-tenant lease agreement. Its prime location in Kailua provides excellent visibility and accessibility, making it an attractive destination for both locals and tourists. The asking premium is $299,000. This turnkey operation presents a unique chance to acquire an established business with significant upside potential in a highly desirable market. The property's size and location make it ideal for continued success, offering a strong foundation for future growth and profitability. Detailed financial information and operational data are available upon request. This is a rare opportunity to own a thriving restaurant in one of Hawaii's most sought-after locations. Serious inquiries only. Contact us today to schedule a showing and explore this exciting investment prospect.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kailua
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.744
    Latitude
    21.3926
    CBSA code
    46520
    CBSA name
    URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $232,829
    $18,803,400
    $1,332,500
    $20,135,900
    -
    $18,803,400
    $1,332,500
    $20,135,900

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    Kailua, HI 96734
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    Realmo Value Estimation

    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.

    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.

    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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