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Financial
Distress signals
Property profile

1649 Democrat St Honolulu, HI 96819

FOR SALE
Residential income homes
Property ID
US24-0386306
2,000 SF 0.1 ac lot Built 1944
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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1649 Democrat St, Honolulu, HI 96819 For Sale
$1,500,000 2,000 SF
1649 Democrat St, Honolulu, HI 96819
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Property summary

AI-generated overview

The property is located in Kalihi and consists of two industrial structures totaling approximately 3,824 square feet on a 4,514 square foot lot. It is zoned I-2, a classification that permits a broad range of commercial and industrial uses, and it can support redevelopment or an owner-user configuration. The site is positioned with convenient access to Nimitz Highway and the H-1 Freeway, and is also within reach of the airport, Sand Island, and Honolulu Harbor.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$1.38M
Assessed land$1.21M
Assessed improvement$170k
Effective rate0.35%

Value estimate

· Oct 2026
$205k
$185k – $226k
CAP approach$615k
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$991
Operating expenses−$29k
NOI · 3.54% cap applied$53k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$411/SF
Submarket average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$235 – $551

Cap rate analysis

How does the asset earn?
3.54%
$53k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I-2
The intent of the I-2 intensive industrial district is to set aside areas for the full range of industrial uses necessary to support the ...
General categoryINDUSTRIAL
JurisdictionHONOLULU

Location intelligence

Which uses thrive at this corner?

Location

1649 Democrat St Honolulu, HI 96819
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
753 Kopke, Honolulu, HI 96819-3362 $788,000 Jan 2024 2,080 SF
1722 Democrat, Honolulu, HI 96819-3117 $1,050,000 Nov 2023 1,872 SF
1715 Hart, Honolulu, HI 96819-3293 $1,961,290 Oct 2022 1,936 SF
739 Gulick, Honolulu, HI 96819-4720 $945,000 Mar 2022 1,892 SF
907 Gulick, Honolulu, HI 96819-3346 $1,300,000 Oct 2021 2,000 SF
1822 Kalani, Honolulu, HI 96819-3212 $5,350,000 Feb 2019 2,096 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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