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Property profile & analytics
OFF-MARKET
Estimated value
$1,525,000
Parking lots & garages
2255 Kalakaua Ave, Honolulu, HI 96815-2515
Individually Owned
3-yr Hold
Free & Clear
Property ID
US24-0277358
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1971
Construction
CONCRETE
Total area
275,409 SF
Lot
3.47 ac (151,023 SF)
Zoning code
U/X6/20
APN
1-2-6-002-006
UPID
US24-0277358
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
-
Naia ハワイ Department Store Grocery & Convenience Store
-
Martin & MacArthur Furniture & Home Goods Home Decor Store
-
Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
-
Tech Armor Computer & Electronic Repair Tech Support Center
-
ChargeItSpot Telecommunications Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.53M
Owner & transaction history
Cynthia N Anamizu · 3 yrs held
Cynthia N Anamizu
since 2023
7 recorded transactions
Zoning & alternative use
U/X6/20 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,540,000
Current use
Blend value · Realmo final
$1.53M
Range $1.37M – $1.68M · ±10%
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
$6 / 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
$10,573,457
Tax year 2023
Assessed value
$801,764,300
Assessed 2024
Previous assessed
$750,465,400
+6.8% YoY
Effective rate
1.32%
On assessed value
Assessed land
$410,329,500
Assessed improvement
$391,434,800
Land market value
$410,329,500
Improvement market value
$391,434,800
Total market value
$801,764,300
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1971
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Buildings
3
Stories
29
Units
1693
Total area
275,409 SF
Lot
3.47 ac (151,023 SF)
Zoning code
U/X6/20
APN
1-2-6-002-006
UPID
US24-0277358
Jurisdiction
HONOLULU
Zoning & alternative use
U/X6/20 · Honolulu, HI
Zoning 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
Honolulu. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.5M
PARKING LOT Current
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
1971
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
29
Buildings
3
Units
1693
Lot
3.47 ac
Current owner
From public records · entity-resolved
Cynthia N Anamizu
Individual
Free & Clear · 3 yrs held
Mailing address
2255 KALAKAUA AVE #2, HONOLULU, HI 96815-2515
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 14, 2025
—
Kyo Ya Hotels & Resorts LP
—
Deed
related
$172,500,000 · Apex Group Trust Company Limited
Jun 20, 2023
—
Cynthia N Anamizu
Cynthia N Anamizu
Deed
related
—
Feb 17, 2022
$829,000
William Rhette Taber
Paul Sasaki
Deed
—
Feb 12, 2020
—
Kyo-ya Hotels & Resorts LP
—
Deed
related
$1,725,000,000 · Kokusai Kogyo Hldgs Kabushiki
Jun 9, 2016
—
Kyo-ya Hotels & Resorts LP
—
Deed
related
$1,500,000,000 · Sumitomo Mitsui Bkng
Jun 10, 2014
—
Kyo-ya Hotels & Resorts LP
—
Grant Deed
related
$1,400,000,000 · German Am Cap
Mar 1, 2013
—
Kyo-ya Hotels
—
Deed Of Trust
related
$1,100,000,000 · Goldman Sachs Mortgage Co
Nov 14, 2012
—
Kyo-ya Hotels
—
Deed Of Trust
related
$1,098,000,000 · Goldman Sachs Mortgage Co
Jan 13, 2009
$33,699,014
Record Owner
Owner,record
Grant Deed
related
—
Dec 23, 2004
$716,775,200
Hotels Kyo-ya
Kyo-ya Co Ltd
Quit Claim Deed
related
$900,000,000 · Cerberus Delos Holding LLC
—
—
Kyo-ya Hotels & Resorts LP
—
Deed Of Trust
related
$1,500,000,000 · Sumitomo Mitsui Bkng
—
—
Kyo-ya Hotels & Resorts LP
—
Deed Of Trust
related
$1,725,000,000 · Kokusai Kogyo Hldgs Kabushiki
—
—
Kyo-ya Hotels
—
Deed Of Trust
related
—
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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