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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Commercial real estate
129 Baldwin Ave Paia, HI 96779
Individually Owned
4-yr Hold
Free & Clear
Property ID
US24-0554384
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1938
Construction
WOOD
Total area
940 SF
Lot
0.22 ac (9,611 SF)
Zoning code
2
APN
2-6-006-007
UPID
US24-0554384
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
-
Horton & Sons Oriental Rug Cleaning Repair & Restoration Carpet Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$610k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$846k
Blend (final)
Blend
$605k
Owner & transaction history
Jeffrey Cohen · 4 yrs held
Jeffrey Cohen
since 2022
Last sale
$800,000
3 recorded transactions
Zoning & alternative use
2 · Paia, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$455,000
+1.3%
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 Paia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paia 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
$580,000
ML approach
$610,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$445,000
Current use
RETAIL STORES
$455,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$410,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $800k (May 13 2022)
Last sale anchor
$800k
May 13 2022
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
$644 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$5,997
Tax year 2024
Assessed value
$1,001,700
Assessed 2024
Previous assessed
$1,001,700
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$804,100
Assessed improvement
$197,600
Land market value
$804,100
Improvement market value
$197,600
Total market value
$1,001,700
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1938
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Rooms
5
Bathrooms
1
Total area
940 SF
Lot
0.22 ac (9,611 SF)
Zoning code
2
APN
2-6-006-007
UPID
US24-0554384
Jurisdiction
MAUI
Zoning & alternative use
2 · Paia, HI
Zoning 2 · permitted uses
2 · Paia, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$445,000
RETAIL STORES
Est. value
$455,000
OFFICE BUILDING
Est. value
$410,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1938
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Rooms
5
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Jeffrey Cohen
Individual
Free & Clear · 4 yrs held
Mailing address
15706 CRENSHAW BLVD, GARDENA, CA 90249-4530
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2022
$800,000
Jeffrey Cohen
Jacqueline Herndon
Warranty Deed
—
Feb 2, 2022
$1,150,000
Brad Scoffern
Randal J K Uehara
Warranty Deed
—
Apr 16, 2015
—
Uehara,randal J K Trust
Uehara,randal J K
Quit Claim Deed
related
—
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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