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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1301 Kihei Rd Kihei, HI 96753-8186

    • Turn key restaurants
    • 3,047 SF
    • 0.48 lot acres
    OFF-MARKET
    Last Sale
    Jan 28, 2020
    Value Estimations
    $340,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US24-0162066
    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.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 1301 Kihei Rd

    Year built
    1987
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.48 lot acres
    Property size
    3,047 SF
    Zone code
    B-2
    Property type
    Turn key restaurants
    APN
    3-9-002-082
    APU
    39002082

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $260,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $422,000
      Market price range: $196k - $751k

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $410,000
      Current use
      OFFICE BUILDING
      $385,000
      Change: -7% Conversion: Moderate
      MEDICAL BUILDING
      $350,000
      Change: -15% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Kihei
    County
    Maui
    State
    Hawaii
    Longitude
    -156.455
    Latitude
    20.7485
    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
    $11,594
    $967,000
    $949,400
    $1,916,400
    -
    $967,000
    $949,400
    $1,916,400

    Comparable in this City

    • Value Estimation
      $410,000
      4,255 SF

      3550 Wailea Alanui Dr, Unit CU-2

      RESTAURANT • 4,255 SF
      3550 Wailea Alanui Dr, Kihei, HI 96753-9518
      View Details
    • Value Estimation
      $700,000
      3,104 SF

      2980 Kihei Rd

      RESTAURANT • 3,104 SF
      2980 Kihei Rd, Kihei, HI 96753-9602
      View Details
    • Value Estimation
      $965,000
      75,996 SF

      3650 Wailea Alanui Dr

      RESTAURANT • 75,996 SF
      3650 Wailea Alanui Dr, Kihei, HI 96753
      View Details
    • Value Estimation
      $315,000
      1,428 SF

      515 Kihei Rd Ste C3

      RESTAURANT • 1,428 SF
      515 Kihei Rd Ste C3, Kihei, HI 96753-7581
      View Details
    • Value Estimation
      $230,000
      4,803 SF

      11 Halekuai St

      RESTAURANT • 4,803 SF
      11 Halekuai St, Kihei, HI 96753
      View Details
    • Value Estimation
      $440,000
      4,375 SF

      1913 Kihei Rd

      RESTAURANT • 4,375 SF
      1913 Kihei Rd, Kihei, HI 96753-7837
      View Details

    Similar Nearby for Sale

    • $248,000

      Established Restaurant/Bar in Kihei

      Long-established Kihei restaurant/bar, a local and tourist favorite.
      145 N Kihei Rd, Kihei, HI 96753
      View Details
    • $1,625,000

      Kihei Mixed-Use Retail/Warehouse Condominium

      Turnkey 4,081 SF commercial condominium in north Kihei for sale.
      300 Ohukai Rd, Kihei, HI 96753
      View Details
    • $495,000

      Kihei Retail or Office Space

      Retail or office space near Kalama Park with reserved parking.
      1847 S Kihei Rd, Kihei, HI 96753
      View Details
    • $665,000
      1.49 Acres

      Kihei Commercial Condominium with Warehouse

      Commercial condominium with storefront and functional roll-up warehouse space.
      300 Ohukai Rd Rd, Kihei, HI 96753
      View Details
    • $489,000
      0.87 Acres

      Kihei Retail/Office Space For Sale

      Ground-floor retail or office space in Kihei, across from the ocean.
      1847 S Kihei Rd, Kihei, HI 96753
      View Details
    • New
      $3,295,000
      4,740 SF

      Prime Kihei Commercial Property For Sale

      Established commercial property on South Kihei Road, excellent business location.
      1746-a S Kihei Rd, Kihei, HI 96753
      View Details

    Similar Nearby for Lease

    • $96 SF/Yr
      40,305 SF

      Kihei Kalama Village: Retail Opportunity

      Thriving Kihei retail center; 8 spaces available.
      1941 Kihei Rd, Kihei, HI 96753
      View Details
    • $21 SF/Yr
      68,726 SF

      Azeka Makai Shopping Center Investment

      Kihei, Maui retail & office space
      1280 Kihei Rd, Kihei, HI 96753
      View Details
    • $35 SF/Yr
      18,706 SF

      Kihei Office Space for Lease

      Prime Kihei location, multiple units available.
      380 Huku Lii Pl, Kihei, HI 96753
      View Details
    • $24 SF/Yr
      45,199 SF

      Lipoa Center: Kihei Office Suites

      Prime Kihei office space, multiple suites available.
      41 Lipoa St, Kihei, HI 96753
      View Details
    • Contact for pricing
      170,034 SF

      Pulehunui Industrial Park Warehouses

      Maui Warehouse Space: 11,200 - 145,515 SF
      490 Nope St, Wailea-Makena, HI 96753
      View Details
    • $9,177 /Mo

      Kihei Industrial Land For Lease

      Gated baseyard space available in prime Kihei location.
      500 Welakahao Rd, Kihei, HI 96753
      View Details
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    1301 Kihei Rd
    Kihei, HI 96753-8186
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    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
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