12 King St Honolulu, HI 96813-4328
Entity Owned
21-yr Hold
~
Est. High Equity
Estimated value (blended)
$2.74M
Range $2.46M – $3.01M (±10%)
Property ID
US24-0093709
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,468 SF
Lot
0.16 ac (6,934 SF)
Zoning code
BMX-4
APN
1-2-1-002-041
UPID
US24-0093709
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bar & Pub Restaurant
-
Training Center
-
Clothing Store Men'S Clothing Store
-
Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.78M
Comparable Approach
Comparable
$3.09M
Blend (final)
Blend
$2.74M
Owner & transaction history
since 2004
1 recorded transaction
Zoning & alternative use
BMX-4 · Honolulu, HI
Zoning description
stricts. It is also intended that it be applied to areas where the existing land use pattern is already a mixture of commercial and residential uses, occurring horizontally, vertically or both. (c) The intent of the BMX-…
General category
MIXED_USE
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.74M
Value range
$2.46M – $3.01M
±10% around blend
Estimated value / SF
$261 / SF
Confidence
None
1 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
10
$2.46M
blend $2.74M
$3.01M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,468 SF
Lot area
0.16 ac
Year built
1886
Stories
2
APN
1-2-1-002-041
Assessed value
$2,988,500
Annual tax
$37,495
3
Income approach: direct capitalization
Partial preview
Income approach indication
$2.78M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$3.01M
@ 6.5% CAP return
$2.78M
@ 7% CAP return
$2.58M
4
Sales comparison
Partial preview
Sales approach indication
$3.09M
Weighted, 0 comps · none confidence
Evidence
1 found
County-verified recorded sales
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.74M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 106 sales
$482
-46%
Submarket 448 sales
$455
-43%
County 615 sales
$432
-40%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $261/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 1 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.99M
Move the market yield to see immediate price impact.
Value / SF
$285
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$188k
$3.77M
$2.69M
$2.09M
$209k
$4.18M
$2.99M
$2.32M
$230k
$4.60M
$3.29M
$2.56M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
1 found
None confidence · county-verified
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$37,495
Tax year 2023
Assessed value
$2,988,500
Assessed 2024
Previous assessed
$3,023,800
-1.2% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,444,200
Assessed improvement
$544,300
Land market value
$2,444,200
Improvement market value
$544,300
Total market value
$2,988,500
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
11
Total area
10,468 SF
Lot
0.16 ac (6,934 SF)
Zoning code
BMX-4
APN
1-2-1-002-041
UPID
US24-0093709
Jurisdiction
HONOLULU
Zoning & alternative use
BMX-4 · Honolulu, HIZoning BMX-4 · permitted uses
BMX-4 · Honolulu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
stricts. It is also intended that it be applied to areas where the existing land use pattern is already a mixture of commercial and residential uses, occurring horizontally, vertically or both. (c) The intent of the BMX-…
General category
MIXED_USE
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1886
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Bathrooms
11
Lot
0.16 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
BMX-4
MIXED_USE
Jurisdiction
Honolulu, HI
Recorded code
BMX-4
Official district
BMX-4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BMX-4 in Honolulu, HI.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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