New search
Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Warehouses
101 Ahuliu Way, Wailuku, HI 96793-3300
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US24-0351845
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,310 SF
Lot
0.98 ac (42,715 SF)
Zoning code
3
APN
3-8-094-010
UPID
US24-0351845
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$535k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$515k
Owner & transaction history
Reef Dev Of Hawaii INC · 17 yrs held
Reef Dev Of Hawaii INC
since 2008
6 recorded transactions
Zoning & alternative use
3 · Wailuku, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$680,000
+8.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Wailuku submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wailuku submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$580,000
6.5%
$535,000
7%
$495,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$625,000
Current use
OFFICE BUILDING
$680,000
Change: +9% · Conversion: Difficult
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$223 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,881
Tax year 2023
Assessed value
$1,827,100
Assessed 2023
Previous assessed
$1,762,900
+3.6% YoY
Effective rate
0.70%
On assessed value
Assessed land
$1,325,900
Assessed improvement
$501,200
Land market value
$1,325,900
Improvement market value
$501,200
Total market value
$1,827,100
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
1
Total area
2,310 SF
Lot
0.98 ac (42,715 SF)
Zoning code
3
APN
3-8-094-010
UPID
US24-0351845
Jurisdiction
MAUI
Zoning & alternative use
3 · Wailuku, HI
Zoning 3 · permitted uses
3 · Wailuku, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wailuku. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$625,000
OFFICE BUILDING
Est. value
$680,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2012
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Reef Dev Of Hawaii INC
Entity
Mailing address
99-930 IWAENA ST #106, AIEA, HI 96701-3283
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2019
—
Reef Dev Of Hawaii INC
—
Loan Modification
related
$5,766,000 · Bank Of Hi
Aug 11, 2008
$1,687,228
Reef Dev Of Hawaii INC
Alpha Par Partners
Warranty Deed
$1,266,000 · Bank Of Hi
Oct 31, 2006
$1,272,466
Alpha Par Partners
Consolidated Baseyards LLC
Grant Deed
—
—
—
Reef Dev Of Hawaii INC
—
Loan Modification
related
$4,415,009 · Bank Of Hi
—
—
Reef Dev Of Hawaii INC
—
Loan Modification
related
$4,415,009 · Bank Of Hi
—
—
Reef Dev Of Hawaii INC
—
Deed Of Trust
related
$4,052,969 · Bank Of Hawaii
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 101 Ahuliu Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
