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Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Apartment buildings
150 Manino Cir, Kihei, HI 96753-8298
Entity Owned
11-yr Hold
Property ID
US24-0204212
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
2002
Construction
STEEL FRAME
Total area
5,749 SF
Lot
13.43 ac (585,011 SF)
Zoning code
PROJECT
APN
2-2-024-022
UPID
US24-0204212
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.04M
Blend (final)
Blend
$1.06M
Owner & transaction history
Bank Of Hi · 11 yrs held
Bank Of Hi
since 2014
7 recorded transactions
Zoning & alternative use
PROJECT · Kihei, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$1.3M
+89.5%
Commercial (general)
$1.2M
+68.5%
Auto repair, garage
$1.1M
+56.4%
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 Kihei submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kihei 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
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$695,000
Current use
INDUSTRIAL (GENERAL)
$1,315,000
Change: +89% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,170,000
Change: +69% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,085,000
Change: +56% · Conversion: Difficult
RESTAURANT
$775,000
Change: +12% · Conversion: Difficult
OFFICE BUILDING
$725,000
Change: +4% · Conversion: Moderate
MEDICAL BUILDING
$660,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±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
$184 / 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
$113,330
Tax year 2023
Assessed value
$16,474,430
Assessed 2023
Previous assessed
$16,474,430
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$16,450,500
Assessed improvement
$23,930
Land market value
$16,450,500
Improvement market value
$23,930
Total market value
$16,474,430
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
5
Stories
1
Units
1
Total area
5,749 SF
Lot
13.43 ac (585,011 SF)
Zoning code
PROJECT
APN
2-2-024-022
UPID
US24-0204212
Jurisdiction
MAUI
Zoning & alternative use
PROJECT · Kihei, HI
Zoning PROJECT · permitted uses
PROJECT · Kihei, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kihei. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$695,000
INDUSTRIAL (GENERAL)
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RESTAURANT
Est. value
$775,000
OFFICE BUILDING
Est. value
$725,000
MEDICAL BUILDING
Est. value
$660,000
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RESTAURANT
OFFICE BUILDING
MEDICAL 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
2002
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
5
Units
1
Lot
13.43 ac
Current owner
From public records · entity-resolved
Bank Of Hi
Entity
Mailing address
150 MANINO CIR, KIHEI, HI 96753-8298
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2020
—
Pitlani Gardens LLC
—
Deed
related
$30,000,000 · Bank Of Hi
Aug 22, 2017
—
Piilani Gardens LLC
—
Deed
related
$1,210,000 · Bank Of Hi
Jul 1, 2014
—
Bank Of Hi
Pilani Gardens LLC
Grant Deed
related
$24,650,000 · Bank Of Hi
Aug 17, 2004
—
Piilani Gardens LLC
—
Deed Of Trust
related
$27,000,000 · J P Morgan Chase Bank
Mar 23, 2001
$3,000,000
Piilani Gardens LLC
Piilani South LLC
Grant Deed
related
—
Dec 30, 1999
$4,000,000
Piilani South LLC
Malama Development Corp
Grant Deed
—
—
—
Piilani Gardens LLC
—
Loan Modification
related
$30,000,000 · Bank Of Hi
—
—
Piilani Gardens LLC
—
Deed Of Trust
related
$1,000,000 · Fremont Investment & Loan
—
—
Pitlani Gardens LLC
—
Loan Modification
related
$30,000,000 · Bank Of Hi
—
—
Piilani Gardens LLC
—
Loan Modification
related
$27,650,000 · Bank Of Hi
—
—
Piilani Gardens LLC
—
Deed Of Trust
related
$17,000,000 · Fremont Investment & Loan
—
—
Piilani Gardens LLC
—
Deed Of Trust
related
$1,210,000 · Bank Of Hi
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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