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Property profile & analytics
OFF-MARKET
Estimated value
$6,100,000
Retail space
380 Dairy Rd Kahului, HI 96732-2414
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US24-0291485
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1975
Construction
STEEL FRAME
Total area
15,000 SF
Lot
1.74 ac (75,751 SF)
Zoning code
M-2
APN
3-8-065-027
UPID
US24-0291485
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
-
Mind's Eye Interiors Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.10M
CAP Approach
CAP
$5.52M
Comparable Approach
Comparable
$5.11M
Blend (final)
Blend
$6.10M
Owner & transaction history
American Savings Bank Fsb · 2 yrs held
American Savings Bank Fsb
since 2024
Last sale
$6.1M
7 recorded transactions
Zoning & alternative use
M-2 · Kahului, 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 Kahului submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kahului 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
$6,100,000
ML approach
$6,100,000
CAP Approach
CAP Return
Estimation
6%
$5,970,000
6.5%
$5,515,000
7%
$5,120,000
Alternative Use
Use
Estimation
RETAIL STORES
$7,225,000
Current use
COMMERCIAL (GENERAL)
$7,130,000
Change: -1% · Conversion: Easy
OFFICE BUILDING
$6,550,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$6.10M
Range $5.49M – $6.71M · ±10% · vs last sale $6.10M (Apr 19 2024)
Last sale anchor
$6.10M
Apr 19 2024
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
$407 / 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
$35,555
Tax year 2023
Assessed value
$5,043,200
Assessed 2023
Previous assessed
$5,043,200
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$2,933,100
Assessed improvement
$2,110,100
Land market value
$2,933,100
Improvement market value
$2,110,100
Total market value
$5,043,200
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
1975
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Bathrooms
12
Total area
15,000 SF
Lot
1.74 ac (75,751 SF)
Zoning code
M-2
APN
3-8-065-027
UPID
US24-0291485
Jurisdiction
MAUI
Zoning & alternative use
M-2 · Kahului, HIZoning M-2 · permitted uses
M-2 · Kahului, 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
$7.2M
COMMERCIAL (GENERAL)
Est. value
$7.1M
OFFICE BUILDING
Est. value
$6.6M
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
1975
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
12
Lot
1.74 ac
Current owner
From public records · entity-resolved
American Savings Bank Fsb
Entity
Mailing address
19 N IWA PL, LAHAINA, HI 96761-2200
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
Apr 19, 2024
—
American Savings Bank Fsb
Paradise Lahaina Holding LLC
Assignment Of Lease (leasehold Sale)
$3,800,000 · American Savings Bank Fsb
Apr 19, 2024
$6,100,000
Paradise Lahaina Holding LLC
Hrt Realty LLC
Limited Warranty Deed
$3,800,000 · American Savings Bank Fsb
Dec 30, 2022
$1,000
County Of Maui
A & B Properties Hawaii LLC
Warranty Deed
—
Mar 11, 2021
—
A & B Properties Hawaii LLC
Hrt Realty LLC
Limited Warranty Deed
—
Jan 27, 2017
$1,100,000
Maui Gas Ventures LLC
Koch,leil
Grant Deed
related
—
—
—
Waiehu Beach Partners
—
Deed Of Trust
related
$196,000 · Hawaii National Bank
—
—
Dairy Road Partners
—
Deed Of Trust
related
$2,100,000 · First Hawaiian Bank
—
—
Dairy Road Partners
—
Deed Of Trust
related
$1,384,213 · American Savings 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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