Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    439 Kamani St Honolulu, HI 96813-5270

    • Warehouses
    • 4,050 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimations
    $640,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US24-0306360
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kapuakea Products / Bakery / Specialty Food Shop
    • Kato Golf Tours / Golf Course
    • Diamond Parking Services / Parking Lot & Garage
    • Tal Builders / Construction Company
    • Test & Balance Corporation / Construction Company / General Contractor

    Property Details for 439 Kamani St

    Year built
    1961
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.11 lot acres
    Property size
    4,050 SF
    Zone code
    HCDA
    Property type
    Warehouses
    APN
    1-2-1-050-048
    APU
    121050048

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Honolulu
    County
    Honolulu
    State
    Hawaii
    Longitude
    -157.855
    Latitude
    21.2978
    CBSA code
    46520
    CBSA name
    URBAN HONOLULU, HI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $23,872
    $1,625,000
    $297,000
    $1,922,000
    -
    $1,625,000
    $297,000
    $1,922,000

    Comparable in this City

    • Value Estimation
      $1,475,000
      9,271 SF

      544 Ahui St

      WAREHOUSE, STORAGE • 9,271 SF
      544 Ahui St, Honolulu, HI 96813
      View Details
    • Value Estimation
      $660,000
      3,240 SF

      517 Ahui St

      WAREHOUSE, STORAGE • 3,240 SF
      517 Ahui St, Honolulu, HI 96813-5303
      View Details
    • Value Estimation
      $1,915,000
      12,600 SF

      532 Ahui St

      WAREHOUSE, STORAGE • 12,600 SF
      532 Ahui St, Honolulu, HI 96813-5302
      View Details
    • Value Estimation
      $4,830,000
      24,000 SF

      742 Ala Moana Blvd

      WAREHOUSE, STORAGE • 24,000 SF
      742 Ala Moana Blvd, Honolulu, HI 96813
      View Details
    • Value Estimation by Request
      260 SF

      119 Ala Moana Blvd

      WAREHOUSE, STORAGE • 260 SF
      119 Ala Moana Blvd, Honolulu, HI 96813-4803
      View Details
    • Value Estimation
      $1,100,000
      5,300 SF

      505 Kamani St

      WAREHOUSE, STORAGE • 5,300 SF
      505 Kamani St, Honolulu, HI 96813-5227
      View Details

    Similar Nearby for Sale

    • $2,500,000

      Honolulu Multifamily Development Opportunity

      Development opportunity near Queens Hospital with plans for 21 units.
      1449 Punchbowl St, Honolulu, HI 96813
      View Details
    • $2,888,000

      Honolulu Multifamily Investment Opportunity

      Multifamily property near downtown Honolulu with development potential.
      1640 Lusitana St, Honolulu, HI 96813
      View Details
    • $200,000
      1,006 SF

      Honolulu Kakaako Commercial Space

      High-traffic, 1006 sq ft restaurant space
      725 Kapiolani Blvd, Honolulu, HI 96813
      View Details
    • $788,888

      Kakaako Commercial Condo For Sale

      Commercial condominium in Kakaako, suitable for various business ventures.
      725 Kapiolani Blvd, Honolulu, HI 96813
      View Details
    • $660,000

      Professional Office Space with Parking

      Well-maintained office space near downtown Honolulu with mountain views.
      222 Vineyard St, Honolulu, HI 96813
      View Details
    • $1,425,000

      Honolulu Mixed-Use Investment Opportunity

      Cash-flowing Honolulu property with business and residential units near Queen's.
      1402 Lusitana St, Honolulu, HI 96813
      View Details

    Similar Nearby for Lease

    • $1.10 SF/Yr
      5,647 SF

      Warehouse Space in Kaka'ako

      Short-term warehouse lease with functional features and dedicated parking.
      328 Cooke St, Honolulu, HI 96813
      View Details
    • $1.20 SF/Yr
      3,013 SF

      Kakaako Commerce Center Warehouse Space

      Prime Honolulu warehouse space with convenient access and ample parking.
      875 Waimanu St, Honolulu, HI 96813
      View Details
    • Contact for pricing

      Kaka'ako Mixed-Use Urban Hub

      Centrally located mixed-use property in vibrant Kaka'ako.
      575 Cooke St, Honolulu, HI 96813
      View Details
    • Sponsored
      Contact for pricing

      Waterfront

      Discover many ways to work your way in Waterfront
      500 Ala Moana Blvd, Honolulu, HI 96813
      View Details
    • Contact for pricing

      Retail, Restaurant, and Office Space

      Dynamic urban community with retail, restaurant, and office spaces.
      500 Keawe St, Honolulu, HI 96813
      View Details
    • Contact for pricing

      Prime Retail Space in Honolulu

      High-visibility retail space in Honolulu's Central Business District.
      1100-1110 Bishop St, Honolulu, HI 96813
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    439 Kamani St
    Honolulu, HI 96813-5270
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!