Financial
Distress signals
Property profile

1104 Palama St Honolulu, HI 96817

FOR SALE
Other commercial real estate
Property ID
US24-0090156
1,792 SF 0.09 ac lot Built 1905
Last sale Jan 2016 · $830,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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1104 Palama St, Honolulu, HI 96817 For Sale
$1,490,000 1,792 SF
1104 Palama St, Honolulu, HI 96817
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Property summary

AI-generated overview

The property in Kalihi, Honolulu consists of two buildings configured as mixed-use. It includes a total of nine residential rooms and a ground-floor commercial unit with street frontage and roll-up door access. The commercial unit has a Conditional Use Permit (CUP) supporting protected commercial use within the surrounding R-5 residential zone, which is intended to keep the unit’s legally permitted operating status for the protected commercial activity. Building A is undergoing renovation,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$1.02M
Assessed land$847k
Assessed improvement$171k
Effective rate1.23%

Value estimate

· Sep 2026
$590k
$531k – $649k
Submarket $/SF estimate$697k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$706
Operating expenses−$9k
NOI · 3.52% cap applied$53k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$280/SF
ZIP average, outlier-cleaned · 61 recorded sales of this use type
Observed band · Q1–Q3$147 – $389
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3.52%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R-5
ZONING DISTRICTS USES (Note: Certain uses are defined in Article 10.) 57 Revised February 6, 2023 P-2 AG-1 AG-2 Country R-20, R-10 R-7.5,...
General categoryRESIDENTIAL
JurisdictionHONOLULU

Location intelligence

Which uses thrive at this corner?

Location

1104 Palama St Honolulu, HI 96817
County assessor Recorded deeds · 3 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1336 School, Honolulu, HI 96817-1905 $1,200,000 Feb 2025 2,000 SF
1208 King, Honolulu, HI 96817-3313 $275,000 Sep 2024 2,028 SF
1029 Maunakea, Honolulu, HI 96817-5130 $1,100,000 Aug 2024 2,600 SF
2 Marin, Honolulu, HI 96817 $2,500,000 Apr 2024 2,740 SF
1502 Liliha, Honolulu, HI 96817-3525 $340,000 Apr 2024 3,034 SF
29 Hotel, Honolulu, HI 96817 $200,000 Dec 2023 1,680 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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