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Property profile & analytics
OFF-MARKET
Estimated value
$1,450,000
Parking lots & garages
1032 Ft St Mall, Honolulu, HI 96813-5601
Individually Owned
1-yr Hold
Free & Clear
Property ID
US24-0258402
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1980
Construction
CONCRETE
Total area
141,932 SF
Zoning code
U/34/30
APN
1-2-1-002-004-0002
UPID
US24-0258402
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
Current use
Occupant on record · Public records
-
Ria Money Transfer - Walmart Bank Credit Union
-
ATM - Hawaiian Financial FCU Atm
-
Hawaiian Financial Federal Credit Union Atm Credit Union
-
Walmart Connection Center Mobile Phone Store Electronics & Wireless Store
-
Walmart Baby & Nursery Services Social Service Agency Community Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
Hawaii State Federal Credit Union · 1 yrs held
Hawaii State Federal Credit Union
since 2024
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
U/34/30 · Honolulu, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Honolulu submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honolulu 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
$1,450,000
ML approach
$1,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.45M
Range $1.31M – $1.60M · ±10% · vs last sale $1.45M (Jun 27 2024)
Last sale anchor
$1.45M
Jun 27 2024
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
$10 / 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
$132,656
Tax year 2023
Assessed value
$10,262,400
Assessed 2024
Previous assessed
$10,698,100
-4.1% YoY
Effective rate
1.29%
On assessed value
Assessed land
$4,110,100
Assessed improvement
$6,152,300
Land market value
$4,110,100
Improvement market value
$6,152,300
Total market value
$10,262,400
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1980
Construction
CONCRETE
Heating
NONE
Stories
6
Units
1
Bathrooms
13
Total area
141,932 SF
Zoning code
U/34/30
APN
1-2-1-002-004-0002
UPID
US24-0258402
Jurisdiction
HONOLULU
Zoning & alternative use
U/34/30 · Honolulu, HI
Zoning U/34/30 · permitted uses
U/34/30 · Honolulu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honolulu. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
CONCRETE
Heating
NONE
Stories
6
Units
1
Bathrooms
13
Current owner
From public records · entity-resolved
Hawaii State Federal Credit Union
Individual
Free & Clear · 1 yrs held
Mailing address
2120 PUUALII PL, HONOLULU, HI 96822-2053
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
Hawaii State Federal Credit Union
Downtown Block 3 LLC
Assignment Of Lease (leasehold Sale)
related
—
Jun 27, 2024
$1,398,750
Downtown Block 3 LLC
Paul Douglas Alston
Limited Warranty Deed
$7,080,000 · Hawaii State FCU
Jun 27, 2024
$1,450,000
Downtown Block 3 LLC
Posso Pizza INC
Limited Warranty Deed
—
Jun 27, 2024
—
Downtown Block 3 LLC
Posso Pizza INC
Limited Warranty Deed
—
Feb 29, 2024
$990,000
Posso Pizza INC
Downtown Block 3 LLC
Limited Warranty Deed
—
Feb 29, 2024
$1,350,000
Paul Douglas Alston
Downtown Block 3 LLC
Limited Warranty Deed
—
Feb 29, 2024
$38,250,000
Downtown Block 3 LLC
Walmart INC
Limited Warranty Deed
$5,500,000 · J Kadowaki INC
Feb 29, 2024
—
Hawaii Employers Mutual Insurance C
Downtown Block 3 LLC
Limited Warranty Deed
—
Apr 4, 2013
$25,899,999
Wal Mart Stores INC
Lexington Honolulu LP
Grant Deed
—
Mar 20, 2013
—
Macys West Stores INC
Lexington Honolulu LP
Grant Deed
related
—
Dec 22, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
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.
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