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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Specialty properties
242 Lahainaluna Rd Lahaina, HI 96761-1505
Individually Owned
3-yr Hold
Property ID
US24-0554160
Property profile
Verified
Property type
Specialty properties
Use group
COMMERCIAL MISC
Year built
1943
Construction
WOOD
Total area
1,340 SF
Lot
0.19 ac (8,409 SF)
Zoning code
B-2
APN
4-6-010-012
UPID
US24-0554160
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
-
Lāhainā Plantation Hale LLC Vacation Rental Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$425k
Comparable Approach
Comparable
$637k
Blend (final)
Blend
$520k
Owner & transaction history
Hayden B Pogni · 3 yrs held
Hayden B Pogni
since 2023
Last sale
$550,000
5 recorded transactions
Zoning & alternative use
B-2 · Lahaina, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$645,000
+1.3%
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 Lahaina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lahaina 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
$450,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$460,000
6.5%
$425,000
7%
$395,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$635,000
Current use
RETAIL STORES
$645,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$585,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $550k (Apr 13 2023)
Last sale anchor
$550k
Apr 13 2023
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
$388 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$8,523
Tax year 2024
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
Specialty properties
Use group
COMMERCIAL MISC
Status
Off-Market
Year built
1943
Construction
WOOD
Heating
NONE
Stories
1
Rooms
6
Bathrooms
3
Total area
1,340 SF
Lot
0.19 ac (8,409 SF)
Zoning code
B-2
APN
4-6-010-012
UPID
US24-0554160
Jurisdiction
MAUI
Zoning & alternative use
B-2 · Lahaina, HI
Zoning B-2 · permitted uses
B-2 · Lahaina, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lahaina. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$635,000
RETAIL STORES
Est. value
$645,000
OFFICE BUILDING
Est. value
$585,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
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
1943
Construction
WOOD
Heating
NONE
Stories
1
Rooms
6
Bathrooms
3
Lot
0.19 ac
Current owner
From public records · entity-resolved
Hayden B Pogni
Individual
Mailing address
672 KAI HELE KU ST, LAHAINA, HI 96761-5729
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 29, 2024
—
Hayden B Pogni
—
Deed
related
$110,300 · United States Small Business Admin
Apr 13, 2023
—
Hayden B Pogni
Hayden Pogni
Intrafamily Transfer
related
—
Aug 5, 2010
—
Hayden Pogni
Pogni,wendy L
Quit Claim Deed
related
$130,000 · David Medina
Feb 13, 2004
$550,000
John T Carr
Pogni,wendy L
Grant Deed
$495,000 · Fremont Investment & Loan
Nov 27, 2001
$1,200,000
Lahaina Gateway LLC
Romig,james S
Trustees Deed
$990,000 · Hawaii National 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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