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Property profile & analytics
FOR LEASE
Office buildings
140 Hoohana St, Kahului, HI 96732
Entity Owned
23-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US24-0050095
For Lease
1 / 2
$2 SF/Yr
140 Hoohana St, Kahului, HI 96732
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Property summary
AI-generated overview
This Class A, three-story office building, located at 140 Hoohana Street in Kahului, HI 96732, offers exceptional office space for lease. The Kahului Office Center boasts a total of 30,780 square feet, with multiple tenancy options available. Suites range from a minimum of 681 square feet to a maximum contiguous space of 2,169 square feet, providing flexibility for businesses of various sizes. Currently, 6,105 square feet of space is vacant and ready for immediate occupancy. The building features a professional and retail tenant mix, creating a vibrant and dynamic work environment. Enjoy stunning ocean and mountain views from your office. Ample parking is provided for tenants and their guests. The property is conveniently located in central Kahului, offering easy access to major roadways and amenities. The property's APN is (2) 3-7-12-35, and it's situated in Maui County. This is an excellent opportunity to secure high-quality office space in a desirable location. Contact us today to schedule a viewing and discuss your leasing needs.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
11,780 SF
Lot
1.93 ac (84,071 SF)
Zoning code
M-1
APN
3-7-012-035
UPID
US24-0050095
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
-
Miles Katahara DDS Dental Office
-
Fay Peter H DMD Dental Office Physician
-
Cheqbook (Bike/Boat/Book/etc) Store Corporate Office
-
Lance D. Ogata, DDS, Inc DBA Smile Hawaii! Dental Office
-
Agtarap Novina Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.61M
Blend (final)
Blend
$1.94M
Owner & transaction history
Wakea Building LLC · 23 yrs held
Wakea Building LLC
since 2003
7 recorded transactions
Zoning & alternative use
M-1 · Kahului, 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 Kahului submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kahului 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.94M
Range $1.75M – $2.13M · ±10%
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
$165 / 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
$59,264
Tax year 2023
Assessed value
$3,120,890
Assessed 2023
Previous assessed
$3,120,890
+0.0% YoY
Effective rate
1.90%
On assessed value
Assessed land
$2,433,900
Assessed improvement
$686,990
Land market value
$2,433,900
Improvement market value
$686,990
Total market value
$3,120,890
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
13
Total area
11,780 SF
Lot
1.93 ac (84,071 SF)
Zoning code
M-1
APN
3-7-012-035
UPID
US24-0050095
Jurisdiction
MAUI
Zoning & alternative use
M-1 · Kahului, HI
Zoning M-1 · permitted uses
M-1 · Kahului, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kahului. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
13
Lot
1.93 ac
Current owner
From public records · entity-resolved
Wakea Building LLC
Entity
Mailing address
11 S PUUNENE AVE, KAHULUI, HI 96732-2121
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2026
—
Abl Laa LLC
—
Deed
related
—
Mar 14, 2003
$1,304,000
Wakea Building LLC
A & B Properties INC
Grant Deed
$1,354,000 · First Hawaiian Bank
Mar 14, 2003
$351,800
Russell T Stodd
A & B Properties INC
Grant Deed
—
Jan 15, 2003
$620,000
190 Alamaha LLC
A & B Properties INC
Grant Deed
$505,000 · American Savings Bank
Jul 19, 2002
$1,400,000
Mark Miller
A & B Properties INC
Grant Deed
$1,700,000 · First Hawaiian Bank
Jan 9, 2002
$658,300
Maui Land
A & B Properties INC
Grant Deed
related
—
Jan 8, 2002
$383,000
Michael A Perreira
A & B Properties INC
Grant Deed
related
$540,000 · Finance Factors Ltd
Jan 5, 2001
$693,800
Pagan Partners
A & B Properties INC
Grant Deed
$715,000 · Bank Of Hawaii
May 15, 2000
$896,600
Youngs Holdings INC
A & B Properties INC
Grant Deed
related
—
Jan 8, 1999
$2,528,200
Associates Steel Workers
A & B Properties INC
Grant Deed
$2,000,000 · First Hawaiian Bank
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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