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Property profile & analytics
OFF-MARKET
Estimated value
$4,625,000
Commercial real estate
4353 Waialo Rd Eleele, HI 96705-3000
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US24-0243423
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2002
Total area
12,000 SF
Lot
1.71 ac (74,488 SF)
Zoning code
IG
APN
4-2-1-003-040
UPID
US24-0243423
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
-
West Kauai Clinic Medical Clinic
-
Maria R. Parreno, PsyD Physician Medical Clinic
-
Knox Jami MD Pediatrician Medical Clinic
-
Kauai Sea Tours (Bike/Boat/Book/etc) Store
-
Capt Andy's (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.62M
Blend (final)
Blend
$4.63M
Owner & transaction history
Tropic Port Allen Owner LLC
Tropic Port Allen Owner LLC
since 2026
5 recorded transactions
Zoning & alternative use
IG · Eleele, 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 Eleele submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Eleele 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.63M
Range $4.16M – $5.09M · ±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
$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
$43,602
Tax year 2023
Assessed value
$6,071,400
Assessed 2024
Previous assessed
$5,383,000
+12.8% YoY
Effective rate
0.72%
On assessed value
Total market value
$6,071,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
2002
Heating
NONE
Units
1
Total area
12,000 SF
Lot
1.71 ac (74,488 SF)
Zoning code
IG
APN
4-2-1-003-040
UPID
US24-0243423
Jurisdiction
KAUAI
Zoning & alternative use
IG · Eleele, HIZoning IG · permitted uses
IG · Eleele, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2002
Heating
NONE
Units
1
Lot
1.71 ac
Current owner
From public records · entity-resolved
Tropic Port Allen Owner LLC
Entity
Mailing address
822 BISHOP ST, HONOLULU, HI 96813-3924
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
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
Apr 2, 2026
—
Abp Hokulei LLC
—
Deed
related
—
Mar 19, 2026
—
Abp Hokulei LLC
—
Deed
related
—
Mar 17, 2026
$15,726,203
Tropic Port Allen Owner LLC
A & B Properties Hawaii LLC
Warranty Deed
—
May 1, 2008
$468,021
A & B Properties INC
Owner,record
Grant Deed
related
—
—
—
Hawaii Health Systems Corp
—
Deed Of Trust
related
$1,700,000 · Pacific Rim 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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