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Property profile & analytics
OFF-MARKET
Estimated value
$13,290,000
Warehouses
1901 Kapiolani Blvd, Honolulu, HI 96826-3918
Individually Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US24-0077592
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2008
Construction
STEEL FRAME
Total area
129,024 SF
Lot
0.8 ac (34,664 SF)
Zoning code
BMX-3 BUS MIXED USE-CMNTY
APN
1-2-3-034-008
UPID
US24-0077592
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
-
The Lock Up Self Storage Storage Facility
-
Best Plumber Honolulu Plumbing Service General Contractor
-
SortBNB Cleaning Service LLC Hardware & Home Improvement
-
Oriental Relaxation Therapy Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.52M
Blend (final)
Blend
$13.29M
Owner & transaction history
Up Evergreen Dev Series Lock · 20 yrs held
Up Evergreen Dev Series Lock
since 2006
7 recorded transactions
Zoning & alternative use
BMX-3 BUS MIXED USE-CMNTY · Honolulu, 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 Honolulu submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honolulu 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
$13.29M
Range $11.96M – $14.62M · ±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
$103 / 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
$244,757
Tax year 2023
Assessed value
$17,994,000
Assessed 2024
Previous assessed
$17,994,000
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$8,264,400
Assessed improvement
$9,729,600
Land market value
$8,264,400
Improvement market value
$9,729,600
Total market value
$17,994,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
8
Units
1
Bathrooms
13
Total area
129,024 SF
Lot
0.8 ac (34,664 SF)
Zoning code
BMX-3 BUS MIXED USE-CMNTY
APN
1-2-3-034-008
UPID
US24-0077592
Jurisdiction
HONOLULU
Zoning & alternative use
BMX-3 BUS MIXED USE-CMNTY · Honolulu, HI
Zoning BMX-3 BUS MIXED USE-CMNTY · permitted uses
BMX-3 BUS MIXED USE-CMNTY · Honolulu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honolulu. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
8
Units
1
Bathrooms
13
Lot
0.8 ac
Current owner
From public records · entity-resolved
Up Evergreen Dev Series Lock
Individual
Mailing address
800 W FRONTAGE RD, NORTHFIELD, IL 60093-1205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 17, 2023
—
Lock Up Evergreen Development Serie
—
Deed
related
$9,200,000 · Prudential Insurance Of America
Jul 6, 2018
—
Lock Up Evergreen Dev Series L
—
Deed
related
$39,000,000 · Miscellaneous Ins Co
Nov 15, 2010
—
Lock Up-evergreen Dev LLC
—
Deed Of Trust
related
$5,130,050 · J P Morgan Chase Bank
Apr 16, 2010
—
Lock Up-evergreen Dev LLC
—
Deed Of Trust
related
$17,500,000 · Wachovia Financial Services
Mar 1, 2006
$7,200,000
Up Evergreen Dev Series Lock
Intco Properties Ltd Ptshp
Grant Deed
—
Oct 31, 2001
—
Intco Properties LP
—
Deed Of Trust
related
$2,797,000 · First Hawaiian Bank
—
—
Up-evergreen Dev Series L Lock
—
Deed Of Trust
related
$131,700,000 · Prudential Insurance Co Americ
—
—
Lock Up-evergreen Dev Series L
—
Loan Modification
related
$20,000,000 · Miscellaneous Ins Co
—
—
Lock,up-evergreen Dev Series LLC
—
Deed Of Trust
related
$4,859,408 · J P Morgan Chase Bank
—
—
Intco Properties LP
—
Deed Of Trust
related
$2,797,000 · First Hawaiian Bank
—
—
Lock Up Evergreen Dev Series L
—
Deed Of Trust
related
$39,000,000 · Miscellaneous Ins Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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