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Property profile & analytics
OFF-MARKET
Estimated value
$2,880,000
Showrooms
4224 Hanahao Pl, Lihue, HI 96766-8987
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US24-0562922
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2010
Total area
9,460 SF
Lot
0.47 ac (20,343 SF)
Zoning code
IG
APN
4-3-3-012-008
UPID
US24-0562922
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
$2.57M
Comparable Approach
Comparable
$2.82M
Blend (final)
Blend
$2.88M
Owner & transaction history
Parrish Building LLC · 4 yrs held
Parrish Building LLC
since 2022
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
IG · Lihue, 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 Lihue submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lihue 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
$2,860,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,780,000
6.5%
$2,565,000
7%
$2,380,000
Blend value · Realmo final
$2.88M
Range $2.59M – $3.17M · ±10% · vs last sale $2.95M (Jan 19 2022)
Last sale anchor
$2.95M
Jan 19 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
$304 / 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
$22,330
Tax year 2023
Assessed value
$3,151,900
Assessed 2024
Previous assessed
$2,756,800
+14.3% YoY
Effective rate
0.71%
On assessed value
Total market value
$3,151,900
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2010
Heating
NONE
Total area
9,460 SF
Lot
0.47 ac (20,343 SF)
Zoning code
IG
APN
4-3-3-012-008
UPID
US24-0562922
Jurisdiction
KAUAI
Zoning & alternative use
IG · Lihue, HI
Zoning IG · permitted uses
IG · Lihue, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lihue. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Lot
0.47 ac
Current owner
From public records · entity-resolved
Parrish Building LLC
Entity
Mailing address
PO BOX 40, KOLOA, HI 96756-0040
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 19, 2022
$2,950,000
Parrish Building LLC
Puhi Industrial Park One LLC
Limited Warranty Deed
$1,577,500 · First Hawaiian Bank
Oct 4, 2017
—
Puhi Industrial Park One LLC
—
Deed
related
$1,500,000 · First Hawaiian Bank
Sep 4, 2009
$500,000
Puhi Industrial Park One LLC
Kyno,paul G
Warranty Deed
$1,291,000 · Lawrence J Eron
Nov 21, 2007
$500,000
Paul G Kyno
Thompson,karey L
Warranty Deed
$350,000 · Central Pacific Bank
Oct 21, 2005
$422,000
Karey L Thompson
Bishop,bernice P
Grant Deed
$908,750 · First Hawaiian Bank
Dec 27, 1999
$4,045,500
Bernice P Bishop Estate
Grove Farm Properties INC
Grant Deed
—
—
—
Vp & Pk Ml LLC
—
Deed Of Trust
related
$3,000,000 · Central Pacific 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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