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Property profile & analytics
OFF-MARKET
Estimated value
$14,305,000
Commercial real estate
2250 Kalakaua Ave Honolulu, HI 96815-2542
Entity Owned
Absentee Owner
Free & Clear
Property ID
US24-0359476
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1978
Total area
248,711 SF
Lot
0.44 ac (19,377 SF)
Zoning code
U/X6/20
APN
1-2-6-019-018
UPID
US24-0359476
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
-
A|X Honolulu Waikiki Shopping Plaza Clothing Store Boutique
-
Ken Health Care Hawaii Clinic Medical Clinic
-
Honukai Co Ltd (Bike/Boat/Book/etc) Store Pet Store & Service
-
Hawaii Experiences (Bike/Boat/Book/etc) Store
-
Matuge Honpo Waikiki Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$14.31M
Owner & transaction history
FONG INN EST COMPANY
FONG INN EST COMPANY
Zoning & alternative use
U/X6/20 · Honolulu, HI
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
$58 / 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
$878,791
Tax year 2023
Assessed value
$70,299,800
Assessed 2024
Previous assessed
$68,481,700
+2.7% YoY
Effective rate
1.25%
On assessed value
Assessed land
$23,019,900
Assessed improvement
$47,279,900
Land market value
$23,019,900
Improvement market value
$47,279,900
Total market value
$70,299,800
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1978
Heating
NONE
Stories
5
Bathrooms
12
Total area
248,711 SF
Lot
0.44 ac (19,377 SF)
Zoning code
U/X6/20
APN
1-2-6-019-018
UPID
US24-0359476
Jurisdiction
HONOLULU
Zoning & alternative use
U/X6/20 · Honolulu, HIZoning U/X6/20 · permitted uses
U/X6/20 · Honolulu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Article 2
Building & site characteristics
From public records
Year built
1978
Heating
NONE
Stories
5
Bathrooms
12
Lot
0.44 ac
Current owner
From public records · entity-resolved
FONG INN EST COMPANY
Entity
Free & Clear · 0 yrs held
Mailing address
2270 KALAKAUA AVE #1800, HONOLULU, HI 96815-2519
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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