Entity Owned Property summary
AI-generated overview
This exceptional four-story office building, located at 33 Lono Avenue in Kahului, Hawaii, 96732, offers a diverse range of executive office spaces for lease. The building boasts a total of 59,557 square feet, with multiple tenancy options available. Units range from a minimum of 562 square feet to a maximum contiguous space of 6,882 square feet, providing flexibility for businesses of various sizes. Currently, there are 15,399 square feet of vacant space ready for immediate occupancy. The property features ample parking to accommodate tenants and visitors, a significant advantage in a busy commercial area. Its strategic location offers convenient access to Kahului Harbor and Airport, enhancing accessibility for employees and clients. The building enjoys a strong tenant mix, including established businesses such as Central Pacific Bank, Morgan Stanley, Old Republic Escrow, Bistro Casanova, and Academy Mortgage, creating a vibrant and professional atmosphere. Attractive incentives, including free rent and tenant improvement allowances, are available to qualified tenants. The property's Assessed Property Number (APN) is (2) 3-7-7-10, and it is situated in Maui County. This is a rare opportunity to secure high-quality office space in a thriving Kahului business district.
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
13,590 SF
Lot
1.56 ac (68,015 SF)
Zoning code
B-2
APN
3-7-007-010
UPID
US24-0592550
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Bar & Pub
-
Medical Clinic
-
Financial Advisor
-
Physician
-
Dental Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.01M
Blend (final)
Blend
$2.21M
Owner & transaction history
since 2025
4 recorded transactions
Zoning & alternative use
B-2 · Kahului, HI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.21M
Value range
$1.99M – $2.43M
±10% around blend
Estimated value / SF
$163 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$1.99M
blend $2.21M
$2.43M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
13,590 SF
Lot area
1.56 ac
Year built
1974
Stories
1
APN
3-7-007-010
Zoning
B-2
Assessed value
$4,356,290
Annual tax
$92,606
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.01M
Range $3.01M – $8.59M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.21M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 33 sales
$437
-63%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $163/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.36M
Move the market yield to see immediate price impact.
Value / SF
$321
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$274k
$5.49M
$3.92M
$3.05M
$305k
$6.10M
$4.36M
$3.39M
$335k
$6.71M
$4.79M
$3.73M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$92,606
Tax year 2023
Assessed value
$4,356,290
Assessed 2023
Previous assessed
$3,968,850
+9.8% YoY
Effective rate
2.13%
On assessed value
Assessed land
$3,183,100
Assessed improvement
$1,173,190
Land market value
$3,183,100
Improvement market value
$1,173,190
Total market value
$4,356,290
Applied tax rate
3.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
1
Bathrooms
12
Total area
13,590 SF
Lot
1.56 ac (68,015 SF)
Zoning code
B-2
APN
3-7-007-010
UPID
US24-0592550
Jurisdiction
MAUI
Zoning & alternative use
B-2 · Kahului, HIZoning B-2 · permitted uses
B-2 · Kahului, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1974
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
12
Lot
1.56 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B-2
Jurisdiction
Kahului, HI
Recorded code
B-2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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