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Property profile & analytics
OFF-MARKET
Estimated value
$9,855,000
Commercial real estate
2555 Ala Namahana Pkwy 2 Kilauea, HI 96754-5395
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US24-0451162
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2018
Construction
WOOD FRAME
Total area
25,792 SF
Lot
3.21 ac (139,871 SF)
Zoning code
CN
APN
4-5-2-023-028-0002
UPID
US24-0451162
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
$9.86M
Blend (final)
Blend
$9.86M
Owner & transaction history
Central Pacific Bank · 2 yrs held
Central Pacific Bank
since 2023
7 recorded transactions
Zoning & alternative use
CN · Kilauea, 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 Kilauea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kilauea 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
Blend value · Realmo final
$9.86M
Range $8.87M – $10.84M · ±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
$382 / 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
$95,044
Tax year 2023
Assessed value
$12,944,400
Assessed 2024
Previous assessed
$11,733,800
+10.3% YoY
Effective rate
0.73%
On assessed value
Total market value
$12,944,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
2018
Construction
WOOD FRAME
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Units
8
Rooms
8
Bathrooms
3
Total area
25,792 SF
Lot
3.21 ac (139,871 SF)
Zoning code
CN
APN
4-5-2-023-028-0002
UPID
US24-0451162
Jurisdiction
KAUAI
Zoning & alternative use
CN · Kilauea, HIZoning CN · permitted uses
CN · Kilauea, 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
2018
Construction
WOOD FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Units
8
Rooms
8
Bathrooms
3
Lot
3.21 ac
Current owner
From public records · entity-resolved
Central Pacific Bank
Entity
Free & Clear · 2 yrs held
Mailing address
737 BISHOP ST STE #2750, HONOLULU, HI 96813-3216
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
—
Central Pacific Bank
Kilauea Shops LLC
Assignment Of Lease (leasehold Sale)
—
Oct 25, 2017
—
Kalama Beach Corp
Kilauea Shops LLC
Grant Deed
related
—
Dec 19, 2016
$26,001,600
Kilauea Shops LLC
Kilauea Ventures LLC
Grant Deed
—
Dec 30, 2011
$1,000
Oconnor Corp
Oconnor,james R
Quit Claim Deed
related
—
Dec 30, 2011
$289,000
Kilauea Ventures LLC
Mowry W F Living Trust
Grant Deed
—
Dec 30, 2011
$649,000
Kilauea Ventures LLC
Oconnor Corp
Grant Deed
—
Sep 2, 2009
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jun 22, 2009
$595,000
William F Mowry
Oconnor Corp
Grant Deed
—
Jul 14, 2006
$612,000
Oconnor Corp
Kilauea Town Center LLC
Grant Deed
$500,000 · Freeman Elizabeth A Trust (tr)
Jan 12, 2006
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jan 14, 2002
$1,000
Kilauea Town Center LLC
Kilauea Bay Co Lc
Grant Deed
related
—
Sep 27, 2001
$2,000,000
Kilauea Bay Co LLC
Kilauea Plantation Center LLC
Grant Deed
related
—
May 24, 2001
$2,000,000
Kilauea Plantation Center LLC
Kilauea Commercial Complex LP
Grant Deed
related
$1,165,000 · Kilauea Commercial Complex LP
—
—
Kilauea Ventures LLC
—
Deed Of Trust
related
—
—
—
Kilauea Bay Co Lc
—
Deed Of Trust
related
$800,000 · Kauai Mortgage Investors INC
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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