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Property profile & analytics
OFF-MARKET
Estimated value
$1,350,000
Commercial real estate
2-2407 Kaumualii Hwy, Kalaheo, HI 96741
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US24-0360694
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1922
Construction
WOOD FRAME
Total area
1,046 SF
Lot
0.3 ac (13,199 SF)
Zoning code
CG
APN
4-2-4-011-008
UPID
US24-0360694
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
$1.35M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.35M
Owner & transaction history
William P Allen · 1 yrs held
William P Allen
since 2024
Last sale
$1.4M
5 recorded transactions
Zoning & alternative use
CG · Kalaheo, 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 Kalaheo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kalaheo 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
$1,350,000
ML approach
$1,350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.35M
Range $1.22M – $1.49M · ±10% · vs last sale $1.35M (Sep 25 2024)
Last sale anchor
$1.35M
Sep 25 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
$1,291 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,704
Tax year 2024
Assessed value
$580,800
Assessed 2024
Previous assessed
$580,800
+0.0% YoY
Effective rate
0.81%
On assessed value
Total market value
$580,800
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1922
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Stories
1
Rooms
6
Bathrooms
2
Total area
1,046 SF
Lot
0.3 ac (13,199 SF)
Zoning code
CG
APN
4-2-4-011-008
UPID
US24-0360694
Jurisdiction
KAUAI
Zoning & alternative use
CG · Kalaheo, HI
Zoning CG · permitted uses
CG · Kalaheo, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kalaheo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1922
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Rooms
6
Bathrooms
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
William P Allen
Individual
Free & Clear · 1 yrs held
Mailing address
4374 KUKUI GRV ST STE #101, LIHUE, HI 96766-2007
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2024
—
William P Allen
N F Kawakami Store Ltd
Warranty Deed
—
Sep 25, 2024
$1,350,000
William P Allen
N F Kawakami Store Ltd
Warranty Deed
—
Jul 18, 2022
$1,300,100
N K Hawakami Store Limited
Kalaheo Towne Cetre LLC
Limited Warranty Deed
—
Jan 25, 2012
$2,898,000
Kalaheo Towne Centre LLC
N F Kawakami Store Ltd
Grant Deed
—
Nov 16, 2011
$2,500,000
N F Kawakami Store Ltd
Robello,alan W
Warranty Deed
—
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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