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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Commercial real estate
161 Wailea Ike Pl Ste C102a Kihei, HI 96753-6523
Individually Owned
1-yr Hold
Free & Clear
Property ID
US24-0585069
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
6.39 ac (278,566 SF)
Zoning code
2
APN
2-1-008-103-0016
UPID
US24-0585069
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
$360k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$585k
Owner & transaction history
Laura Loan Bruyea · 1 yrs held
Laura Loan Bruyea
since 2024
Last sale
$770,000
7 recorded transactions
Zoning & alternative use
2 · Kihei, 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 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
$445,000
ML approach
$360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $770k (Dec 9 2024)
Last sale anchor
$770k
Dec 9 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
—
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
$1,178
Tax year 2023
Assessed value
$343,400
Assessed 2023
Previous assessed
$343,400
+0.0% YoY
Effective rate
0.34%
On assessed value
Assessed land
$90,400
Assessed improvement
$253,000
Land market value
$90,400
Improvement market value
$253,000
Total market value
$343,400
Applied tax rate
3.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
6.39 ac (278,566 SF)
Zoning code
2
APN
2-1-008-103-0016
UPID
US24-0585069
Jurisdiction
MAUI
Zoning & alternative use
2 · Kihei, HI
Zoning 2 · permitted uses
2 · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
6.39 ac
Current owner
From public records · entity-resolved
Laura Loan Bruyea
Individual
Free & Clear · 1 yrs held
Mailing address
21 LAUKONA ST UNIT #1901, WAILUKU, HI 96793-3547
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 9, 2024
—
Laura Loan Bruyea
Wili Pa LLC
Deed
—
Dec 9, 2024
$770,000
Xuan Thi My Barroza
Laura Loan Bruyea
Deed
—
Jul 19, 2021
$615,000
Laura Loan Bruyea
Wili Pa LLC
Agreement Of Sale
—
Jun 6, 2012
$404,000
Wili Pa LLC
Commissioner Of Hawaii County
Trustees Deed
related
—
May 19, 2011
$15,000
Association Of Apartment Owners/w
Association Of Apartment Owners/w
Quit Claim Deed
related
—
Apr 19, 2011
—
Association Of Apartment Owners/w
Ando,russell H
Trustees Deed
related
—
Jun 8, 2007
$1,165,000
Steven A Morley
Wailea Town Center Invtrs LLC
Grant Deed
$930,000 · La Jolla Bank
—
—
Wilipa LLC
—
Deed Of Trust
related
$340,000 · 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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