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Property profile & analytics
OFF-MARKET
Retail space
1169 Makawao Ave Makawao, HI 96768-9439
Individually Owned
10-yr Hold
Free & Clear
Property ID
US24-0072307
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
720 SF
Lot
0.13 ac (5,547 SF)
Zoning code
B-2
APN
2-4-031-098
UPID
US24-0072307
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
-
Fleur De Lei Clothing Store
-
BRAD HUCK Art Gallery
-
The Honey House Maui (Bike/Boat/Book/etc) Store Cosmetic Store
-
Maui Hands - Makawao Art Gallery Gift Shop
-
Dennis Holzer Gallery LLC Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shops At Makawao · 10 yrs held
Shops At Makawao
since 2016
6 recorded transactions
Zoning & alternative use
B-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,031
Tax year 2023
Assessed value
$673,700
Assessed 2023
Previous assessed
$673,700
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$394,900
Assessed improvement
$278,800
Land market value
$394,900
Improvement market value
$278,800
Total market value
$673,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
1
Bathrooms
13
Total area
720 SF
Lot
0.13 ac (5,547 SF)
Zoning code
B-2
APN
2-4-031-098
UPID
US24-0072307
Jurisdiction
MAUI
Zoning & alternative use
B-2 · Makawao, HIZoning B-2 · permitted uses
B-2 · 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
1986
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
1
Bathrooms
13
Lot
0.13 ac
Current owner
From public records · entity-resolved
Shops At Makawao
Individual
Free & Clear · 10 yrs held
Mailing address
PO BOX 1106, MAKAWAO, HI 96768-1106
Ownership since
2016
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
Apr 6, 2016
$438,526
Shops At Makawao
Lang,robert W
Warranty Deed
—
May 19, 2010
$1,000
Robert W Lang
Lang,robert W
Quit Claim Deed
related
—
Apr 12, 2010
$650,000
Robert W Lang
Sing Martha J T Living Trust
Warranty Deed
$325,000 · Asghar R Sadri
—
—
Sing Trust
—
Deed Of Trust
related
$910,000 · Central Pacific Bank
—
—
Lang,robert W
—
Deed Of Trust
related
$325,000 · Bank Of Hi
—
—
Sing Trust
—
Deed Of Trust
related
$75,000 · Central Pacific Bank
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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