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Property profile & analytics
OFF-MARKET
Estimated value
$3,685,000
Retail space
300 Maalaea Rd Kihei, HI 96753
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US24-0192296
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
WOOD
Total area
11,208 SF
Lot
3.79 ac (165,060 SF)
Zoning code
B-2
APN
3-6-008-001
UPID
US24-0192296
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
$4.12M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.69M
Owner & transaction history
First Hawaiian Bank · 2 yrs held
First Hawaiian Bank
since 2024
7 recorded transactions
Zoning & alternative use
B-2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,465,000
6.5%
$4,120,000
7%
$3,825,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,400,000
Current use
COMMERCIAL (GENERAL)
$5,325,000
Change: -1% · Conversion: Easy
OFFICE BUILDING
$4,895,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$3.69M
Range $3.32M – $4.05M · ±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
$329 / 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
$68,958
Tax year 2023
Assessed value
$11,398,000
Assessed 2023
Previous assessed
$5,412,910
+110.6% YoY
Effective rate
0.61%
On assessed value
Assessed land
$5,281,900
Assessed improvement
$6,116,100
Land market value
$5,281,900
Improvement market value
$6,116,100
Total market value
$11,398,000
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
1999
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
11,208 SF
Lot
3.79 ac (165,060 SF)
Zoning code
B-2
APN
3-6-008-001
UPID
US24-0192296
Jurisdiction
MAUI
Zoning & alternative use
B-2 · Kihei, HIZoning B-2 · permitted uses
B-2 · Kihei, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$5.3M
OFFICE BUILDING
Est. value
$4.9M
RETAIL STORES Current
COMMERCIAL (GENERAL)
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
1999
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
3.79 ac
Current owner
From public records · entity-resolved
First Hawaiian Bank
Entity
Mailing address
PO BOX 3200, HONOLULU, HI 96847-0001
Ownership since
2024
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
Jun 12, 2024
—
First Hawaiian Bank
Maui Harbor Shops LP
Assignment Of Lease (leasehold Sale)
—
Jul 24, 2015
$26,760,000
Maui Harbor Shops LP
Dmp Maui LLC
Grant Deed
$9,200,000 · Wilmington Tr N #2014-c22 (ce)
Sep 26, 2014
—
Wilmington Trust NA 2014-c22 Tr
Starwood Mtg Funding II LLC
Grant Deed
related
—
Jul 20, 2007
$12,900,000
Dmp Maui LLC
Maalaea Triangle Partnership
Grant Deed
$8,200,000 · State Farm Bank Fsb
Jul 24, 2002
—
Maalaea Triangle Partnership
—
Deed Of Trust
related
$3,000,000 · Central Pacific Bank
Jun 3, 1999
—
Maalaea Triangle Partnership
—
Deed Of Trust
related
$10,400,000 · Ge Capital Of Hawaii
—
—
Maalaea Triangle Partnership
—
Deed Of Trust
related
$8,000,000 · Central Pacific Bank
—
—
Maalaea Triangle Partnership
—
Deed Of Trust
related
$3,000,000 · Central Pacific 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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