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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Retail space
3620 Baldwin Ave Makawao, HI 96768-7508
Entity Owned
21-yr Hold
Free & Clear
Property ID
US24-0098234
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Construction
WOOD
Total area
3,232 SF
Lot
0.64 ac (27,981 SF)
Zoning code
2
APN
2-4-031-064
UPID
US24-0098234
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
-
Leeward Haleakala Watershed Association / Organization
-
Daniel J Gray Inc Accounting Firm Tax Preparation
-
Williams, Jane - Accounting Services of Maui Tax Preparation
-
World Aloha Trading Clothing Store Office Of A Fair Trade Organization
-
Christopher Barca REALTOR (BROKER) COMPASS Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$830k
Blend (final)
Blend
$795k
Owner & transaction history
Makawao Courtyard LLC · 21 yrs held
Makawao Courtyard LLC
since 2005
4 recorded transactions
Zoning & alternative use
2 · Makawao, 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 Makawao submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Makawao 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
$795k
Range $716k – $875k · ±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
$246 / 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
$17,866
Tax year 2023
Assessed value
$2,953,000
Assessed 2023
Previous assessed
$1,346,500
+119.3% YoY
Effective rate
0.61%
On assessed value
Assessed land
$1,551,300
Assessed improvement
$1,401,700
Land market value
$1,551,300
Improvement market value
$1,401,700
Total market value
$2,953,000
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
1927
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Units
1
Bathrooms
10
Total area
3,232 SF
Lot
0.64 ac (27,981 SF)
Zoning code
2
APN
2-4-031-064
UPID
US24-0098234
Jurisdiction
MAUI
Zoning & alternative use
2 · Makawao, HIZoning 2 · permitted uses
2 · Makawao, 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
1927
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Units
1
Bathrooms
10
Lot
0.64 ac
Current owner
From public records · entity-resolved
Makawao Courtyard LLC
Entity
Free & Clear · 21 yrs held
Mailing address
PO BOX 1513, KIHEI, HI 96753-1513
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2018
—
Makawao Courtyard LLC
—
Deed
related
$1,200,000 · Bank Of Hi
May 16, 2005
$2,097,000
Makawao Courtyard LLC
Porous Rock
Grant Deed
—
—
—
Porous Rock LP
—
Deed Of Trust
related
—
—
—
Makawao Courtyard LLC
—
Deed Of Trust
related
$1,200,000 · Bank Of Hi
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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