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Property profile & analytics
OFF-MARKET
Estimated value
$1,730,000
Retail space
2411 Kihei Rd Kihei, HI 96753-7201
Entity Owned
12-yr Hold
Free & Clear
Property ID
US24-0050093
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
10,069 SF
Lot
1.03 ac (44,803 SF)
Zoning code
BR
APN
3-9-020-030
UPID
US24-0050093
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.73M
Owner & transaction history
Ginko LLC · 12 yrs held
Ginko LLC
since 2013
7 recorded transactions
Zoning & alternative use
BR · Kihei, 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 Kihei submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kihei 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
$172 / 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
$21,678
Tax year 2023
Assessed value
$2,292,980
Assessed 2023
Previous assessed
$2,036,700
+12.6% YoY
Effective rate
0.95%
On assessed value
Assessed land
$2,177,400
Assessed improvement
$115,580
Land market value
$2,177,400
Improvement market value
$115,580
Total market value
$2,292,980
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Stories
1
Bathrooms
13
Total area
10,069 SF
Lot
1.03 ac (44,803 SF)
Zoning code
BR
APN
3-9-020-030
UPID
US24-0050093
Jurisdiction
MAUI
Zoning & alternative use
BR · Kihei, HIZoning BR · permitted uses
BR · Kihei, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Buildings
2
Bathrooms
13
Lot
1.03 ac
Current owner
From public records · entity-resolved
Ginko LLC
Entity
Free & Clear · 12 yrs held
Mailing address
2217 OKOA ST, HONOLULU, HI 96821-2650
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 29, 2013
$540,000
Ginko LLC
Terry H Hotta Kihei Prop LLC
Grant Deed
—
Sep 17, 2013
$771,440
Terry H Hotta Kihei Prop LLC
Hotta Terry H Trust
Quit Claim Deed
related
—
May 7, 2013
$771,428
Hotta,terry H Trust
Terry H Hotta Kihei Prop LLC
Quit Claim Deed
related
—
Feb 28, 2011
$444,000
Terry H Hotta Kihei Prop LLC
Hotta Terry H Trust
Grant Deed
—
Feb 28, 2011
$222,000
Chiyoko Hottas Kamaole Bch Ce
Oda-kanno,cynthia N
Grant Deed
—
Feb 28, 2011
—
Arume Trust
Emura,gordon A
Grant Deed
—
Feb 28, 2011
$665,980
Ginko LLC
Nakasone A S Living Trust
Grant Deed
—
Feb 28, 2011
$887,960
Arume LLC
Kutaka Patricia E Trust
Grant 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.
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