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Property profile & analytics
OFF-MARKET
Showrooms
28-583 Kaupakuea Homestead Rd Pepeekeo, HI 96783
Individually Owned
Absentee Owner
~
Est. High Equity
Property ID
US24-0427329
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1996
Construction
STEEL FRAME
Total area
5,520 SF
Lot
25.68 ac (1,118,577 SF)
Zoning code
5I
APN
3-2-8-004-001
UPID
US24-0427329
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
by Request
Owner & transaction history
Jack Wellnitz
Jack Wellnitz
since 2026
7 recorded transactions
Zoning & alternative use
5I · Pepeekeo, 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 Pepeekeo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pepeekeo 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
—
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
$1,004
Tax year 2023
Assessed value
$107,400
Assessed 2024
Previous assessed
$107,400
+0.0% YoY
Effective rate
0.93%
On assessed value
Assessed land
$102,700
Assessed improvement
$4,700
Land market value
$762,800
Improvement market value
$4,700
Total market value
$767,500
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
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Total area
5,520 SF
Lot
25.68 ac (1,118,577 SF)
Zoning code
5I
APN
3-2-8-004-001
UPID
US24-0427329
Jurisdiction
HAWAII
Zoning & alternative use
5I · Pepeekeo, HI
Zoning 5I · permitted uses
5I · Pepeekeo, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pepeekeo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Lot
25.68 ac
Current owner
From public records · entity-resolved
Jack Wellnitz
Individual
Mailing address
1143 KUKUAU ST, HILO, HI 96720-6045
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2026
$750,000
Jack Wellnitz
John Kang Yilo
Warranty Deed
—
Jun 21, 2022
—
John Kang Yilo
Brian E Feldman
Deed
related
—
Jul 1, 2019
—
Brian E Feldman
Richard Ha JR.
Warranty Deed
$390,000
Jun 27, 2007
—
Kaupakuea Properties LLC
Mauna Kea Banana Co INC
Grant Deed
related
—
Feb 4, 2005
—
Water Board Of The Cnty Of Hawaii
C Brewer & Co Ltd
Grant Deed
related
—
Sep 5, 2003
$115,000
Psp Kubota
Kaupakuea Properties LLC
Grant Deed
—
Sep 2, 2003
$195,000
Paul Lee
Kaupakuea Properties LLC
Grant Deed
—
May 8, 2003
$6,750,000
Kaupakuea Properties LLC
Continental Pacific LLC
Grant Deed
—
Jan 31, 2003
$821,600
Richard Haa
Mauna Kea Agribusiness Co INC
Grant Deed
$781,000 · Department Of Agriculture
Jan 31, 2003
$795,100
Richard Ha
Mauna Kea Agribusiness Co INC
Grant Deed
$596,295 · Mauna Kea Agribusiness Co INC
Dec 20, 2002
—
Continental Pacific LLC
—
Deed Of Trust
related
$17,227,377 · Colonial Bank
Sep 7, 2001
$12,010,400
Continental Pacific LLC
Maunakea Agribusiness Co INC
Grant Deed
$9,341,671 · Maunakea Agribusiness Co INC
—
—
Richard Ha JR.
—
Deed Of Trust
related
$265,000 · Bank Of Hawaii
—
—
Richard Ha JR.
—
Deed Of Trust
related
$1,275,000 · Hawaii State
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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