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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Showrooms
17-649 Ala Loop Kurtistown, HI 96760
Entity Owned
2-yr Hold
Free & Clear
Property ID
US24-0294872
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1987
Construction
STEEL FRAME
Total area
1,800 SF
Lot
23.37 ac (1,017,954 SF)
Zoning code
5I
APN
3-1-7-008-001
UPID
US24-0294872
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
$525k
Comparable Approach
Comparable
$670k
Blend (final)
Blend
$700k
Owner & transaction history
Hope Services Hawaii INC · 2 yrs held
Hope Services Hawaii INC
since 2024
Last sale
$799,000
4 recorded transactions
Zoning & alternative use
5I · Kurtistown, 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 Kurtistown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kurtistown 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%
$565,000
6.5%
$525,000
7%
$485,000
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $799k (May 1 2024)
Last sale anchor
$799k
May 1 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
$389 / 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
$7,655
Tax year 2023
Assessed value
$834,800
Assessed 2024
Previous assessed
$818,700
+2.0% YoY
Effective rate
0.92%
On assessed value
Assessed land
$336,000
Assessed improvement
$498,800
Land market value
$336,000
Improvement market value
$498,800
Total market value
$834,800
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
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
13
Total area
1,800 SF
Lot
23.37 ac (1,017,954 SF)
Zoning code
5I
APN
3-1-7-008-001
UPID
US24-0294872
Jurisdiction
HAWAII
Zoning & alternative use
5I · Kurtistown, HIZoning 5I · permitted uses
5I · Kurtistown, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
13
Lot
23.37 ac
Current owner
From public records · entity-resolved
Hope Services Hawaii INC
Entity
Free & Clear · 2 yrs held
Mailing address
357 PO BOX 673RD AVE, BELLEVUE, ID 83313-0673
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2024
$799,000
Hope Services Hawaii INC
Kamani Land LLC
Warranty Deed
—
Jul 31, 2024
—
Hope Services Hawaii INC
Kamani Land LLC
Warranty Deed
—
Nov 28, 2017
—
Kamani Land LLC
Sunshine Farms
Warranty Deed
—
—
—
Kamani Land LLC
—
Deed Of Trust
related
$225,000 · 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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