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Property profile & analytics
OFF-MARKET
Estimated value
$2,465,000
Grocery and convenience stores
2085 Main St Wailuku, HI 96793-1648
Entity Owned
3-yr Hold
Free & Clear
Property ID
US24-0592793
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,786 SF
Lot
0.88 ac (38,483 SF)
Zoning code
B-3
APN
3-4-013-005
UPID
US24-0592793
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
-
Bank of Hawaii ATM Atm
-
Texaco Gas Station
-
ATM Pacific Atm
-
Uptown Kitchen & Food Mart Grocery & Convenience Store
-
Uptown Texaco Food Mart Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.47M
Owner & transaction history
Ies Retails LLC · 3 yrs held
Ies Retails LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
B-3 · Wailuku, 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 Wailuku submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wailuku 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
$2,440,000
ML approach
$2,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.47M
Range $2.22M – $2.71M · ±10% · vs last sale $2.52M (Dec 12 2022)
Last sale anchor
$2.52M
Dec 12 2022
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
$885 / 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
$11,805
Tax year 2023
Assessed value
$2,762,200
Assessed 2023
Previous assessed
$1,786,990
+54.6% YoY
Effective rate
0.43%
On assessed value
Assessed land
$2,191,600
Assessed improvement
$570,600
Land market value
$2,191,600
Improvement market value
$570,600
Total market value
$2,762,200
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
12
Total area
2,786 SF
Lot
0.88 ac (38,483 SF)
Zoning code
B-3
APN
3-4-013-005
UPID
US24-0592793
Jurisdiction
MAUI
Zoning & alternative use
B-3 · Wailuku, HI
Zoning B-3 · permitted uses
B-3 · Wailuku, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wailuku. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
12
Lot
0.88 ac
Current owner
From public records · entity-resolved
Ies Retails LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2085 MAIN ST, WAILUKU, HI 96793-1648
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2022
$2,517,120
Ies Retails LLC
Uptown Food Mart & Car Wash LLC
Lease
—
Apr 23, 2004
$804,800
Uptown Service INC
Uptown Food Mart & Car Wash Ll
Grant Deed
related
$479,000 · Lokahi Pacific Rural Dev INC
Mar 4, 2004
$1,324,900
Uptown Food Mart
Makimoto,alvin H
Grant Deed
—
Jan 21, 2004
$1,324,900
Alvin H Makimoto
Petroleum Facilities INC
Grant Deed
$1,152,600 · Central Pacific Bank
—
—
Uptown Food Mart
—
Deed Of Trust
related
$1,595,858 · Central Pacific Bank
—
—
Uptown Food Mart
—
Deed Of Trust
related
$479,000 · Lokahi Pacific Rural Dev INC
—
—
Uptown Service INC
—
Deed Of Trust
related
$1,595,858 · Central Pacific 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.
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