Technical
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
Individually Owned 5-yr Hold Free & Clear
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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, while Building B is occupied and configured to support ongoing residential use. The overall layout provides both income-producing residential rooms and a street-access commercial component, with the commercial unit’s CUP functioning as a long-term regulatory feature within the R-5 zoning context.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1905
Total area 1,792 SF
Lot 0.09 ac (3,849 SF)
Zoning code R-5
APN 1-1-6-001-019
UPID US24-0090156

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1104 Palama St Honolulu, HI 96817
Honolulu metro Census 5602 URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$697k
Blend (final) Blend
$590k

Owner & transaction history

since 2020
Last sale
$1,000
3 recorded transactions
2020
Price N/A
2016
$830,000
1969
Price N/A

Zoning & alternative use

R-5 · Honolulu, HI
Zoning description

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, R-5, R-3.5 A-1 A-2 A-3 AMX-1 AMX-2 AMX-3 Resort B-1 B-2 BMX-3 BMX-4 I-1 I-2 I-3 IM…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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