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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Commercial real estate
41-1029 Kalanianaole Hwy, Waimanalo, HI 96795-1641
Entity Owned
3-yr Hold
Free & Clear
Property ID
US24-0094007
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1953
Total area
1,998 SF
Lot
0.29 ac (12,617 SF)
Zoning code
B-1
APN
1-4-1-007-036
UPID
US24-0094007
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
$570k
CAP Approach
CAP
$530k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$590k
Owner & transaction history
Mkm Properties LLC · 3 yrs held
Mkm Properties LLC
since 2022
Last sale
$675,000
5 recorded transactions
Zoning & alternative use
B-1 · Waimanalo, 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 Waimanalo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waimanalo 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
$505,000
ML approach
$570,000
CAP Approach
CAP Return
Estimation
6%
$575,000
6.5%
$530,000
7%
$490,000
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $675k (Dec 20 2022)
Last sale anchor
$675k
Dec 20 2022
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
$295 / 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
$15,382
Tax year 2023
Assessed value
$1,240,000
Assessed 2024
Previous assessed
$1,240,500
0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,114,100
Assessed improvement
$125,900
Land market value
$1,114,100
Improvement market value
$125,900
Total market value
$1,240,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1953
Heating
NONE
Buildings
2
Stories
1
Units
1
Rooms
5
Bathrooms
1
Total area
1,998 SF
Lot
0.29 ac (12,617 SF)
Zoning code
B-1
APN
1-4-1-007-036
UPID
US24-0094007
Jurisdiction
HONOLULU
Zoning & alternative use
B-1 · Waimanalo, HI
Zoning B-1 · permitted uses
B-1 · Waimanalo, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waimanalo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1953
Heating
NONE
Stories
1
Buildings
2
Units
1
Rooms
5
Bathrooms
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Mkm Properties LLC
Entity
Free & Clear · 3 yrs held
Mailing address
41-902 KAULUKANU ST, WAIMANALO, HI 96795-1430
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2022
$675,000
Mkm Properties LLC
Rellum Investments LLC
Warranty Deed
—
Feb 1, 2019
—
Depaolo,vincent J Living Trust
Depaolo,vincent J
Quit Claim Deed
related
—
Jun 26, 2015
$350,000
Rellum Investments LLC
Berg Jeffrey J Trust
Warranty Deed
—
Jul 5, 2013
$800,000
Berg,jeffrey J Trust
Jones Gail L
Warranty Deed
$400,000 · Gail L Jones
Mar 19, 2009
—
Gail L Jones
Jones Walter A & E K Trust
Quit Claim Deed
related
—
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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