New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,995,000
Commercial real estate
200 Kahelu Ave, Mililani, HI 96789-3915
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US24-0112080
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1990
Construction
CONCRETE
Total area
30,000 SF
Lot
5 ac (217,844 SF)
Zoning code
IMX-1
APN
1-9-5-046-002
UPID
US24-0112080
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
-
HLC High School
-
MTP Data Center by Servpac Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.00M
Owner & transaction history
Luhina LLC · 5 yrs held
Luhina LLC
since 2020
5 recorded transactions
Zoning & alternative use
IMX-1 · Mililani, 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 Mililani submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mililani 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
$133 / 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
$120,679
Tax year 2023
Assessed value
$9,931,500
Assessed 2024
Previous assessed
$9,732,200
+2.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$4,807,200
Assessed improvement
$5,124,300
Land market value
$4,807,200
Improvement market value
$5,124,300
Total market value
$9,931,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
13
Total area
30,000 SF
Lot
5 ac (217,844 SF)
Zoning code
IMX-1
APN
1-9-5-046-002
UPID
US24-0112080
Jurisdiction
HONOLULU
Zoning & alternative use
IMX-1 · Mililani, HI
Zoning IMX-1 · permitted uses
IMX-1 · Mililani, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mililani. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
13
Lot
5 ac
Current owner
From public records · entity-resolved
Luhina LLC
Entity
Mailing address
1931 N KING ST, HONOLULU, HI 96819-3455
Ownership since
2020
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
Feb 11, 2026
—
Puahale LLC
—
Deed
related
$12,325,000 · American Savings Bank NA
Jul 21, 2020
—
Luhina LLC
Puahale LLC
Grant Deed
$3,596,000 · Hedco Local Dev
Dec 26, 2019
—
Puahale LLC
American Savings Bank Fsb
Limited Warranty Deed
$4,375,000
—
—
Puahale LLC
—
Deed Of Trust
related
$4,375,000 · American Svgs Bk
—
—
Puahale LLC
—
Deed Of Trust
related
$3,596,000 · Hedco Local Dev
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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