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Property profile & analytics
OFF-MARKET
Estimated value
$2,685,000
Retail space
369 Huku Lii Pl Kihei, HI 96753-8997
Individually Owned
5-yr Hold
Free & Clear
Property ID
US24-0060935
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
6,975 SF
Lot
0.46 ac (20,066 SF)
Zoning code
M-1
APN
3-9-045-003
UPID
US24-0060935
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
$2.61M
CAP Approach
CAP
$2.57M
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$2.69M
Owner & transaction history
Hawaii Planing Mill Ltd · 5 yrs held
Hawaii Planing Mill Ltd
since 2020
Last sale
$3.1M
4 recorded transactions
Zoning & alternative use
M-1 · 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
$2,925,000
ML approach
$2,605,000
CAP Approach
CAP Return
Estimation
6%
$2,775,000
6.5%
$2,565,000
7%
$2,380,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,360,000
Current use
COMMERCIAL (GENERAL)
$3,315,000
Change: -1% · Conversion: Easy
OFFICE BUILDING
$3,045,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$2.69M
Range $2.42M – $2.95M · ±10% · vs last sale $3.13M (Aug 24 2020)
Last sale anchor
$3.13M
Aug 24 2020
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
$385 / 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
$15,184
Tax year 2023
Assessed value
$2,153,800
Assessed 2023
Previous assessed
$1,900,600
+13.3% YoY
Effective rate
0.70%
On assessed value
Assessed land
$762,500
Assessed improvement
$1,391,300
Land market value
$762,500
Improvement market value
$1,391,300
Total market value
$2,153,800
Applied tax rate
4.0000
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
YES
Stories
2
Bathrooms
13
Total area
6,975 SF
Lot
0.46 ac (20,066 SF)
Zoning code
M-1
APN
3-9-045-003
UPID
US24-0060935
Jurisdiction
MAUI
Zoning & alternative use
M-1 · Kihei, HI
Zoning M-1 · permitted uses
M-1 · Kihei, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kihei. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$3.3M
OFFICE BUILDING
Est. value
$3.0M
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
2
Bathrooms
13
Lot
0.46 ac
Current owner
From public records · entity-resolved
Hawaii Planing Mill Ltd
Individual
Free & Clear · 5 yrs held
Mailing address
16-166 MELEKAHIWA ST, KEAAU, HI 96749-8016
Ownership since
2020
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
Aug 24, 2020
—
Hawaii Planing Mill Ltd
Miyake David K Trust
Grant Deed
—
—
—
Miyake David K & Irene S Trust
—
Deed Of Trust
related
—
—
—
Miyake Trust
—
Deed Of Trust
related
$1,700,000 · Bank Of Hawaii
—
—
Miyake,tr
—
Deed Of Trust
related
$249,000 · Bank Of Hawaii
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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