New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,690,000
Warehouses
2071 Beretania St, Honolulu, HI 96826-1341
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US24-0177285
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,690 SF
Lot
0.27 ac (11,740 SF)
Zoning code
BMX-3 BUS MIXED USE-CMNTY
APN
1-2-8-003-040
UPID
US24-0177285
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
-
Willow Constructions Construction Company
-
33 ALOHA Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.49M
CAP Approach
CAP
$1.64M
Comparable Approach
Comparable
$2.67M
Blend (final)
Blend
$2.69M
Owner & transaction history
Hawaii State Federal Credit Union · 1 yrs held
Hawaii State Federal Credit Union
since 2024
Last sale
$3.5M
2 recorded transactions
Zoning & alternative use
BMX-3 BUS MIXED USE-CMNTY · Honolulu, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$3.0M
+59.9%
Industrial (general)
$2.7M
+46.3%
Commercial (general)
$2.5M
+32.6%
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
Method
Estimation
Statistic approach
$2,355,000
ML approach
$2,490,000
CAP Approach
CAP Return
Estimation
6%
$1,775,000
6.5%
$1,640,000
7%
$1,525,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,860,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,970,000
Change: +60% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,720,000
Change: +46% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,465,000
Change: +33% · Conversion: Difficult
Blend value · Realmo final
$2.69M
Range $2.42M – $2.96M · ±10% · vs last sale $3.50M (Nov 1 2023)
Last sale anchor
$3.50M
Nov 1 2023
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
$402 / 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
$48,963
Tax year 2023
Assessed value
$3,817,800
Assessed 2024
Previous assessed
$3,817,800
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$3,448,000
Assessed improvement
$369,800
Land market value
$3,448,000
Improvement market value
$369,800
Total market value
$3,817,800
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Bathrooms
12
Total area
6,690 SF
Lot
0.27 ac (11,740 SF)
Zoning code
BMX-3 BUS MIXED USE-CMNTY
APN
1-2-8-003-040
UPID
US24-0177285
Jurisdiction
HONOLULU
Zoning & alternative use
BMX-3 BUS MIXED USE-CMNTY · Honolulu, HI
Zoning BMX-3 BUS MIXED USE-CMNTY · permitted uses
BMX-3 BUS MIXED USE-CMNTY · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.0M
INDUSTRIAL (GENERAL)
Est. value
$2.7M
COMMERCIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1969
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Bathrooms
12
Lot
0.27 ac
Current owner
From public records · entity-resolved
Hawaii State Federal Credit Union
Individual
Mailing address
79 LAWAI ST, HONOLULU, HI 96825-2117
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2024
—
Hawaii State Federal Credit Union
Cpy Partners LLC
Deed
related
$2,200,000 · Hawaii State FCU
Nov 1, 2023
$3,500,000
Cpy Partners LLC
Microphone Music INC
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.
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?”
You own 2071 Beretania St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
