Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    208 Lahainaluna Rd Lahaina, HI 96761-1505
    Back to Search
    Property profile & analytics

    208 Lahainaluna Rd, Lahaina, HI 96761-1505

    View on Map
    • Specialty properties
    • 1,340 SF
    • 0.26 lot acres
    Off-Market
    Property ID
    US24-0550435
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 208 Lahainaluna Rd

    Year built
    1932
    Construction
    WOOD
    Lot size
    0.26 lot acres
    Zone code
    A-1
    Property type
    Specialty properties
    APN
    4-6-010-006
    APU
    46010006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 24, 2025 — Luan Duc Nguyen Luan Duc Nguyen Deed · related —
    Oct 4, 2023 — Luan Duc Nguyen — Deed · related $776k · United States Small Business Admin
    Jul 14, 2016 — Luan D Nguyen — Deed · related $471k · Bank Of Hi
    Sep 22, 2011 — Luan Duc Nguyen Van Bich Doan Intrafamily Transfer · related $419k · Jpmorgan Chase Bank NA
    Aug 6, 2004 $800,000 Van B Doan Yoshimura,tr Grant Deed $501k · Washington Mutual Fsb
    Aug 22, 2003 $495,000 Damon Gill Miller,daniel J Grant Deed $613k · American Savings Bank
    — — Luan D Nguyen — Deed Of Trust · related $471k · Bank Of Hi
    — — Yoshimura,tr — Deed Of Trust · related $110k · Maui County Employees FCU
    — — James S Yoshimura — Deed Of Trust · related $140k · Maui County Employees FCU

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lahaina
    County
    Maui
    State
    Hawaii
    Longitude
    -156.678
    Latitude
    20.8765
    CBSA code
    27980
    CBSA name
    KAHULUI-WAILUKU, HI MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,945
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,945,000
      5,727 SF

      321 Frnt St

      COMMERCIAL MISC
      321 Frnt St, Lahaina, HI 96761-1155
      View Details
    • Value Estimation
      $1,190,000
      3,507 SF

      409 Frnt St

      COMMERCIAL MISC
      409 Frnt St, Lahaina, HI 96761-1114
      View Details
    • Value Estimation
      $1,275,000
      3,636 SF

      1206 Summer Rd

      COMMERCIAL MISC
      1206 Summer Rd, Lahaina, HI 96761-9072
      View Details
    • Value Estimation
      $535,000
      1,571 SF

      29 Kamaka Cir

      COMMERCIAL MISC
      29 Kamaka Cir, Lahaina, HI 96761-1614
      View Details
    • Value Estimation
      $1,540,000
      4,533 SF

      41 Kai Pali Pl

      COMMERCIAL MISC
      41 Kai Pali Pl, Lahaina, HI 96761-1661
      View Details
    • Value Estimation
      $820,000
      2,418 SF

      451 Ilikahi St

      COMMERCIAL MISC
      451 Ilikahi St, Lahaina, HI 96761-1103
      View Details

    Similar Nearby for Sale

    • $2,395,000
      160.00 Acres

      Lahaina Land with Ocean Views

      6.5 acre agriculturally zoned lot along Lahaina Bypass.
      150 Kai Hele Ku Rd, Lahaina, HI 96761
      View Details
    • $975,000
      0.97 Acres

      Lahaina Commercial Unit - Great Potential

      Spacious unit, 3 parking stalls, expansion option.
      147 Kupuohi St, Lahaina, HI 96761
      View Details
    • $975,000
      0.97 Acres

      Lahaina Warehouse Unit - Great Potential

      Spacious warehouse, high ceilings, ample parking.
      147 Kupuohi St, Lahaina, HI 96761
      View Details
    • $1,495,000
      1.32 Acres

      Lahaina Commercial Kitchen Opportunity

      Prime Lahaina location, versatile commercial space.
      154 Kupuohi St, Lahaina, HI 96761
      View Details
    • $695,000
      0.78 Acres

      Ocean View Lahaina Office Suite

      Panoramic ocean views, Class A office space.
      40 Kupuohi St, Lahaina, HI 96761
      View Details
    • Contact for pricing

      Kapalua Land with Ocean Views

      6.09-acre lot in Kapalua's Plantation Estates with ocean views.
      205 Keoawa St, Lahaina, HI 96761
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      West Maui Industrial Yard Space

      Functional industrial yard space in a premier West Maui location.
      2010 Honoapiilani Hwy, Lahaina, HI 96761
      View Details
    • Contact for pricing
      20,845 SF

      Lahaina Gateway Retail Center

      Grocery-anchored retail center in Lahaina with high visibility.
      305 Keawe St, Lahaina, HI 96761
      View Details
    • Contact for pricing

      Kaanapali Beach Resort and Spa

      Upscale beachfront resort with extensive amenities and ocean views.
      200 Nohea Kai Dr, Lahaina, HI 96761
      View Details
    • Contact for pricing

      Lahaina Cannery Retail Opportunity

      Retail spaces available in Maui's only enclosed, air-conditioned mall.
      1221 Honoapiilani Hwy, Lahaina, HI 96761
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    208 Lahainaluna Rd
    Lahaina, HI 96761-1505
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    208 Lahainaluna Rd, Lahaina, HI, 96761
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!