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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Office buildings
1975 Kihei Rd Kihei, HI 96753-7847
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US24-0076436
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
WOOD
Total area
4,024 SF
Lot
1.66 ac (72,120 SF)
Zoning code
B-2
APN
3-9-003-002
UPID
US24-0076436
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
$1.32M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.21M
Owner & transaction history
Kihei Market LLC · 13 yrs held
Kihei Market LLC
since 2012
6 recorded transactions
Zoning & alternative use
B-2 · Kihei, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.9M
+10.3%
Commercial (general)
$1.9M
+8.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,425,000
6.5%
$1,315,000
7%
$1,220,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,755,000
Current use
RETAIL STORES
$1,940,000
Change: +10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,910,000
Change: +9% · Conversion: Easy
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±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
$299 / 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
$23,315
Tax year 2023
Assessed value
$3,853,800
Assessed 2023
Previous assessed
$3,431,000
+12.3% YoY
Effective rate
0.60%
On assessed value
Assessed land
$3,245,400
Assessed improvement
$608,400
Land market value
$3,245,400
Improvement market value
$608,400
Total market value
$3,853,800
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
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
12
Total area
4,024 SF
Lot
1.66 ac (72,120 SF)
Zoning code
B-2
APN
3-9-003-002
UPID
US24-0076436
Jurisdiction
MAUI
Zoning & alternative use
B-2 · Kihei, HIZoning B-2 · permitted uses
B-2 · Kihei, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.8M
RETAIL STORES
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.9M
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
NONE
Stories
1
Bathrooms
12
Lot
1.66 ac
Current owner
From public records · entity-resolved
Kihei Market LLC
Entity
Mailing address
83 HALELANI PL, KIHEI, HI 96753-7901
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2012
$2,150,000
Kihei Market LLC
1975 South Kihei Road LLC
Deed
$2,250,000 · Ohana Pacific Bank
Jul 1, 2011
$2,150,000
1975 South Kihei Road LLC
Kihei Market Place LLC
Grant Deed
—
Sep 5, 2002
$1,000
Kihei Market Place LLC
Ko,yong S & Jaehee
Quit Claim Deed
related
—
—
—
Kihei Market Place LLC
—
Deed Of Trust
related
$1,000,000 · Centerbank
—
—
Kihei Market Place LLC
—
Deed Of Trust
related
$1,045,000 · Centerbank
—
—
Kihei Market Place LLC
—
Deed Of Trust
related
$1,055,000 · Centerbank
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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