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Property profile & analytics
FOR LEASE
Warehouses
197 Kalepa Pl Kahului, HI 96732
Trust Owned
10-yr Hold
Free & Clear
Property ID
US24-0592924
For Lease
1 / 10
Contact for pricing
197 Kalepa Pl, Kahului, HI 96732
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Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1995
Construction
STEEL FRAME
Total area
11,656 SF
Lot
0.65 ac (28,104 SF)
Zoning code
M-1
APN
3-7-012-059
UPID
US24-0592924
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
by Request
Blend (final)
Blend
$1.31M
Owner & transaction history
Tang,ann K Y Trust · 10 yrs held
Tang,ann K Y Trust
since 2015
7 recorded transactions
Zoning & alternative use
M-1 · Kahului, 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 Kahului submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kahului 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$112 / 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
$12,818
Tax year 2023
Assessed value
$1,818,100
Assessed 2023
Previous assessed
$1,818,100
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$719,500
Assessed improvement
$1,098,600
Land market value
$719,500
Improvement market value
$1,098,600
Total market value
$1,818,100
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
13
Total area
11,656 SF
Lot
0.65 ac (28,104 SF)
Zoning code
M-1
APN
3-7-012-059
UPID
US24-0592924
Jurisdiction
MAUI
Zoning & alternative use
M-1 · Kahului, HIZoning M-1 · permitted uses
M-1 · Kahului, 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
1995
Construction
STEEL FRAME
Heating
NONE
Stories
1
Bathrooms
13
Lot
0.65 ac
Current owner
From public records · entity-resolved
Tang,ann K Y Trust
Trust
Free & Clear · 10 yrs held
Mailing address
PO BOX 218, KAHULUI, HI 96733-6718
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2023
—
Kam Tong Tang Gordon
—
Deed
related
$1,506,000 · First Hawaiian Bank
Nov 12, 2015
—
Tang,ann K Y Trust
Tang Ann K Y Trust
Quit Claim Deed
related
—
Oct 13, 2010
—
Tang Gordon K T Trust
Tang,gordon K T & Ann C
Quit Claim Deed
related
—
Nov 24, 2004
$2,100,000
Gordon K T Tang
Starr Equities INC
Warranty Deed
$1,506,000 · First Hawaiian Bank
Oct 13, 2000
$1,260,000
Starr Equities Corp
212 West 43rd St Corp
Grant Deed
related
—
Jun 10, 1999
$1,260,000
212 West 43rd St Corp
Sunflower Hawaii Partners LP
Grant Deed
—
Mar 31, 1998
$1,375,000
Sunflower Hawaii Partners
Doty Trust
Grant Deed
—
—
—
Tang,gordon K T Trust
—
Loan Modification
related
$1,506,000 · First Hawaiian Bk
—
—
Sunflower Hawaii Partners LP
—
Deed Of Trust
related
$1,260,000 · Bank Of Hawaii
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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