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Property profile & analytics
OFF-MARKET
Estimated value
$1,885,000
Commercial real estate
128 Lehua St Wahiawa, HI 96786-2036
Individually Owned
2-yr Hold
Free & Clear
Property ID
US24-0206259
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2001
Total area
2,495 SF
Lot
2.29 ac (99,955 SF)
Zoning code
B-2
APN
1-7-4-006-041
UPID
US24-0206259
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
-
Fresenius Medical Care at Wahiawa General Hospital Medical Clinic
-
Dr. Atsushi J. Terakubo, MD Physician
-
Dr. Samantha Bamber Physician
-
TIFFANY GROMLICH Physician
-
STEPHANIE BURGER Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.16M
Blend (final)
Blend
$1.89M
Owner & transaction history
Queens Health Systems · 2 yrs held
Queens Health Systems
since 2024
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
B-2 · Wahiawa, 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 Wahiawa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wahiawa 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
$1,885,000
ML approach
$1,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.89M
Range $1.70M – $2.07M · ±10% · vs last sale $1.89M (Apr 2 2024)
Last sale anchor
$1.89M
Apr 2 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
$756 / 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
$300
Tax year 2023
Assessed value
$13,907,000
Assessed 2024
Previous assessed
$13,907,000
+0.0% YoY
Effective rate
0.00%
On assessed value
Assessed land
$6,116,300
Assessed improvement
$7,790,700
Land market value
$6,116,300
Improvement market value
$7,790,700
Total market value
$13,907,000
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
2001
Heating
NONE
Total area
2,495 SF
Lot
2.29 ac (99,955 SF)
Zoning code
B-2
APN
1-7-4-006-041
UPID
US24-0206259
Jurisdiction
HONOLULU
Zoning & alternative use
B-2 · Wahiawa, HIZoning B-2 · permitted uses
B-2 · Wahiawa, 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
2001
Heating
NONE
Lot
2.29 ac
Current owner
From public records · entity-resolved
Queens Health Systems
Individual
Free & Clear · 2 yrs held
Mailing address
1301 PUNCHBOWL ST, HONOLULU, HI 96813-2413
Ownership since
2024
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 2, 2024
—
Queens Health Systems
The Wahiawa Hospital Assn
Warranty Deed
—
Apr 2, 2024
$1,885,000
Queens Health Systems
The Wahiawa Hospital Assn
Warranty Deed
—
Apr 2, 2024
$365,000
The Queens Health Systems
The Wahiawa Hospital Assn
Warranty Deed
—
Apr 1, 2024
—
The Wahiawa Hospital Assn
—
Deed
related
$9,300,000 · The Queens Health Systems
Mar 8, 2023
—
The Wahiawa Hospital Assn
—
Deed
related
$9,300,000 · The Queens Health Systems
Aug 31, 2022
—
The Wahiawa Hospital Assn
—
Deed
related
$9,300,000 · The Queens Health Systems
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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