Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1218 Lowr Main St Wailuku, HI 96793-2013
    Back to Search
    Property profile & analytics

    1218 Lowr Main St, Wailuku, HI 96793-2013

    View on Map
    • Specialty properties
    • 3,519 SF
    • 0.14 lot acres
    Off-Market
    Property ID
    US24-0091550
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 1218 Lowr Main St

    Year built
    1951
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.14 lot acres
    Zone code
    M-1
    Property type
    Specialty properties
    APN
    3-4-023-028
    APU
    34023028

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 13, 2010 $1,060,318 Nakamura Mortuary LLC Commissioner Of Hawaii County Trustees Deed · related —
    Apr 28, 2003 — Rightstar Nmi LLC — Deed Of Trust · related $34M · Vestine Mortgage Corp
    Nov 7, 2001 $1,220,000 Rightstar Nmi LLC Nakamura Mortuary INC Grant Deed $45M · Vestine Mortgage Corp
    Jun 5, 1998 $3,000,000 Nakamura Mortuary INC Midtown Enterprises Ltd Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Wailuku
    County
    Maui
    State
    Hawaii
    Longitude
    -156.491
    Latitude
    20.8972
    CBSA code
    27980
    CBSA name
    KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $4,790
    $340,400
    $339,100
    $679,500
    -
    $340,400
    $339,100
    $679,500

    Comparable in this City

    • Value Estimation by Request
      6,762 SF

      655 Kaumualii St

      CHARITABLE ORGANIZATION
      655 Kaumualii St, Wailuku, HI 96793-1335
      View Details
    • Value Estimation by Request
      4,844 SF

      688 Nukuwai Pl

      CHARITABLE ORGANIZATION
      688 Nukuwai Pl, Wailuku, HI 96793-1340
      View Details
    • Value Estimation by Request
      4,458 SF

      105 Waiale Rd

      FUNERAL HOME
      105 Waiale Rd, Wailuku, HI 96793-2328
      View Details
    • Value Estimation by Request
      976 SF

      1947 Vineyard St

      COMMERCIAL MISC
      1947 Vineyard St, Wailuku, HI 96793-1714
      View Details
    • Value Estimation
      $1,160,000
      12,976 SF

      395 Waena St

      CHARITABLE ORGANIZATION
      395 Waena St, Wailuku, HI 96793-2091
      View Details
    • Value Estimation
      $1,280,000
      14,328 SF

      395 Waena St

      CHARITABLE ORGANIZATION
      395 Waena St, Wailuku, HI 96793-2091
      View Details

    Similar Nearby for Sale

    • $650,000
      0.19 Acres

      Residential Land in Desirable Wailuku

      Spacious lot in established neighborhood with mountain and ocean views.
      147 Moolu Cir, Wailuku, HI 96793
      View Details
    • $4,900,000
      0.92 Acres

      Beachfront Land in Prime Location

      Rare beachfront property in Wailuku, with potential for custom estate.
      220 Hauoli St, Wailuku, HI 96793
      View Details
    • $2,900,000

      Wailuku Commercial Property For Sale

      Versatile commercial property in Millyard Subdivision with excellent visibility.
      1866 Wili Pa Loop, Wailuku, HI 96793
      View Details
    • $7,400,000

      Land For Sale Wailuku

      Land available for sale in Wailuku, Hawaii.
      101 Kuikahi Dr, Wailuku, HI 96793
      View Details
    • $670,000
      0.36 Acres

      Wailuku Vacant Land with Panoramic Views

      Hillside lot with utilities ready for custom home development.
      614 Kauna Lipo Dr, Wailuku, HI 96793
      View Details
    • $625,000

      Ocean View Acreage Opportunity

      2.63 acres with ocean views near Waiehu Beach Park.
      920 Akake St, Wailuku, HI 96793
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Large Warehouse Space For Lease

      Warehouse space for lease in thriving retail center.
      790 Eha St, Wailuku, HI 96793
      View Details
    • $2,618 /Mo
      18,914 SF

      New Office Spaces in Wailuku

      New office spaces for lease in Central Maui location.
      137 Maa St, Wailuku, HI 96793
      View Details
    • Contact for pricing
      5,062 SF

      Oceanfront Restaurant Space Available

      Premier restaurant space with harbor views in high-traffic location.
      300 Maalaea Rd, Wailuku, HI 96793
      View Details
    • Contact for pricing
      2,500 SF

      Retail Pad Site in Wailuku

      Retail opportunity in the desirable Kehalani Village Center.
      130 Kehalani Village Dr, Wailuku, HI 96793
      View Details
    • Contact for pricing

      Wailuku Office and Warehouse Space

      Office and warehouse space for lease in central Wailuku.
      1942 1-2, Wailuku, HI 96793
      View Details
    • Contact for pricing

      Kehalani Center Retail/Office Space

      Retail and office spaces available for lease in Wailuku.
      284 Kehalani Village Dr, Wailuku, HI 96793
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1218 Lowr Main St
    Wailuku, HI 96793-2013
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1218 Lowr Main St, Wailuku, HI, 96793
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!