Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$950,000
Commercial real estate
1119 Makawao Ave Makawao, HI 96768-9447
Entity Owned
1-yr Hold
Free & Clear
Property ID
US24-0017169
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1966
Construction
WOOD
Total area
1,056 SF
Lot
0.19 ac (8,218 SF)
Zoning code
INTERIM
APN
2-4-031-003
UPID
US24-0017169
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
$950k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$950k
Owner & transaction history
First Hawaiian Bank · 1 yrs held
First Hawaiian Bank
since 2025
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
INTERIM · Makawao, 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 Makawao submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Makawao 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
$950,000
ML approach
$950,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$950k
Range $855k – $1.05M · ±10% · vs last sale $950k (Apr 11 2024)
Last sale anchor
$950k
Apr 11 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
$900 / 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
$4,017
Tax year 2023
Assessed value
$664,000
Assessed 2023
Previous assessed
$664,000
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$548,800
Assessed improvement
$115,200
Land market value
$548,800
Improvement market value
$115,200
Total market value
$664,000
Applied tax rate
3.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Total area
1,056 SF
Lot
0.19 ac (8,218 SF)
Zoning code
INTERIM
APN
2-4-031-003
UPID
US24-0017169
Jurisdiction
MAUI
Zoning & alternative use
INTERIM · Makawao, HIZoning INTERIM · permitted uses
INTERIM · Makawao, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1966
Construction
WOOD
Heating
NONE
Stories
1
Rooms
5
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
First Hawaiian Bank
Entity
Free & Clear · 1 yrs held
Mailing address
1656 HALAMA ST, KIHEI, HI 96753-8051
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2025
—
First Hawaiian Bank
United Auto Parts INC
Deed
—
Mar 5, 2025
$1,075,000
United Auto Parts INC
444 Beech Street LLC
Warranty Deed
$772,000 · First Hawaiian Bank
Apr 11, 2024
$950,000
444 Beech Street LLC
Christopher Arian Arelat
Warranty Deed
—
Apr 11, 2024
—
444 Beech Street LLC
Christopher Arian Arelat
Warranty Deed
—
Feb 8, 2024
—
Catherine Haru Hiu Arian
Catherine Haru Hiu Arian
Intrafamily Transfer
related
—
Oct 26, 2017
—
Arelai C Arian
—
Deed
related
$219,000 · Bentley Ernest C Trust (pt)
Mar 3, 2005
$1,050
Arelai C Arian
Arian,arelai C
Quit Claim Deed
related
—
Dec 8, 2004
$1,000
Arelai C Arian
Hiu Hon S Trust
Quit Claim Deed
related
—
May 11, 2004
—
Hiu Hon S Trust
Hiu,hon S & Cynthia N
Quit Claim Deed
related
—
Feb 28, 2003
$450,000
Arelai C Arian
Helm,tr
Grant Deed
$250,000 · Finance Factors Ltd
—
—
Arelai C Arian
—
Deed Of Trust
related
$280,000 · Alliance Bancorp
—
—
Arelai C Arian
—
Deed Of Trust
related
$219,000 · Bentley Ernest C Trust (pt)
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 1119 Makawao Ave?
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.
