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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Warehouses
42-350 Old Kalanianaole Rd Kailua, HI 96734-5701
Individually Owned
5-yr Hold
Property ID
US24-0368872
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1987
Total area
2,820 SF
Lot
1.23 ac (53,395 SF)
Zoning code
P-1 PRESERV-RESTRICTED
APN
1-4-2-005-004
UPID
US24-0368872
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
by Request
CAP Approach
CAP
$690k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Maria Ines Rios · 5 yrs held
Maria Ines Rios
since 2021
7 recorded transactions
Zoning & alternative use
P-1 PRESERV-RESTRICTED · Kailua, 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 Kailua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kailua 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%
$750,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$705,000
Current use
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$190 / 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
$4,585
Tax year 2023
Assessed value
$1,407,900
Assessed 2024
Previous assessed
$1,407,900
+0.0% YoY
Effective rate
0.33%
On assessed value
Assessed land
$992,000
Assessed improvement
$415,900
Land market value
$992,000
Improvement market value
$415,900
Total market value
$1,407,900
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
NONE
Buildings
2
Stories
1
Units
1
Rooms
6
Bathrooms
3
Total area
2,820 SF
Lot
1.23 ac (53,395 SF)
Zoning code
P-1 PRESERV-RESTRICTED
APN
1-4-2-005-004
UPID
US24-0368872
Jurisdiction
HONOLULU
Zoning & alternative use
P-1 PRESERV-RESTRICTED · Kailua, HIZoning P-1 PRESERV-RESTRICTED · permitted uses
P-1 PRESERV-RESTRICTED · Kailua, 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
WAREHOUSE, STORAGE Current
Est. value
$705,000
WAREHOUSE, STORAGE Current
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
1987
Heating
NONE
Stories
1
Buildings
2
Units
1
Rooms
6
Bathrooms
3
Lot
1.23 ac
Current owner
From public records · entity-resolved
Maria Ines Rios
Individual
Mailing address
42-350 OLD KALANIANAOLE RD, KAILUA, HI 96734-5701
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2021
—
Maria Ines Rios
Maria Ines Rios
Intrafamily Transfer
related
$485,500 · Quicken Loans LLC
Jun 14, 2018
—
Rios,maria I Trust
Rios,maria I & Carlos N
Quit Claim Deed
related
$519,460 · Quicken Lns
Jan 4, 2008
—
Rios Maria I Living Trust
Rios,carlos N & Maria I
Quit Claim Deed
related
—
—
—
Rios Maria I Living Trust
—
Deed Of Trust
related
$250,000 · Central Pacific Bank
—
—
Rios Maria I Living Trust
—
Deed Of Trust
related
$625,500 · Central Pac Home Loans INC
—
—
David S Goto
—
Deed Of Trust
related
$429,000 · Bank Of Hawaii
—
—
Carlos N Rios
—
Deed Of Trust
related
$507,000 · 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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