New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,560,000
Commercial land
2051 Young St, Honolulu, HI 96826-2208
Entity Owned
4-yr Hold
Free & Clear
Property ID
US24-0035486
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1978
Total area
4,190 SF
Lot
0.26 ac (11,455 SF)
Zoning code
BMX-3
APN
1-2-8-003-010
UPID
US24-0035486
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
-
Honolulu Dive Club Nightclub Music Venue
-
Hawaiian Precious Metals Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
OnTrac Partners Business Management Consultant
-
Sanwa Components International Factory Industrial Manufacturer
-
Mignardise Bakery Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.56M
Owner & transaction history
Kk 2051 LLC · 4 yrs held
Kk 2051 LLC
since 2022
Last sale
$1,000
5 recorded transactions
Zoning & alternative use
BMX-3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$372 / 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
$49,233
Tax year 2023
Assessed value
$3,382,800
Assessed 2024
Previous assessed
$3,970,400
-14.8% YoY
Effective rate
1.46%
On assessed value
Assessed land
$3,382,800
Land market value
$3,382,800
Total market value
$3,382,800
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Bathrooms
12
Total area
4,190 SF
Lot
0.26 ac (11,455 SF)
Zoning code
BMX-3
APN
1-2-8-003-010
UPID
US24-0035486
Jurisdiction
HONOLULU
Zoning & alternative use
BMX-3 · Honolulu, HI
Zoning BMX-3 · permitted uses
BMX-3 · 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
1978
Heating
NONE
Stories
1
Bathrooms
12
Lot
0.26 ac
Current owner
From public records · entity-resolved
Kk 2051 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
92-7028 KAHEA ST, KAPOLEI, HI 96707-2301
Ownership since
2022
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
Oct 28, 2022
—
Kk 2051 LLC
—
Deed
related
$8,264,000 · American Savings Bank Fsb
Jun 29, 2022
$1,000
Kk 2051 LLC
Osamu Yamashita Tyler
Deed
—
Jul 13, 1999
$350,000
Dae Young Development Corp
Watumull Investment Co LLC
Grant Deed
—
—
—
Tyler O Yamashita Trustee
—
Deed Of Trust
related
$75,000 · Hawaiiusa FCU
—
—
Dae Young Development Corp
—
Deed Of Trust
related
$60,000 · First Hawaiian Bank
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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