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Property profile & analytics
OFF-MARKET
Estimated value
$1,195,000
Commercial real estate
450 Kamehameha Hwy, Pearl City, HI 96782-3216
Entity Owned
14-yr Hold
Absentee Owner
Free & Clear
Property ID
US24-0255764
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1982
Construction
WOOD
Total area
8,968 SF
Lot
1.66 ac (72,179 SF)
Zoning code
B-2
APN
1-9-8-005-023
UPID
US24-0255764
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
-
Keala N Kamai: Allstate Insurance Insurance Agency
-
Zippy's Waiau Restaurant
-
First Hawaiian Bank ATM Atm
-
Safe Harbor Homecare Inc Home Health Care Service
-
the Chow Hound Pet Supplies (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$847k
Blend (final)
Blend
$1.20M
Owner & transaction history
Fth Restaurant Properties INC · 14 yrs held
Fth Restaurant Properties INC
since 2011
5 recorded transactions
Zoning & alternative use
B-2 · Pearl City, 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 Pearl City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pearl City 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
$1.20M
Range $1.08M – $1.31M · ±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
$133 / 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
$101,416
Tax year 2023
Assessed value
$8,513,700
Assessed 2024
Previous assessed
$8,178,700
+4.1% YoY
Effective rate
1.19%
On assessed value
Assessed land
$6,120,400
Assessed improvement
$2,393,300
Land market value
$6,120,400
Improvement market value
$2,393,300
Total market value
$8,513,700
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
12
Total area
8,968 SF
Lot
1.66 ac (72,179 SF)
Zoning code
B-2
APN
1-9-8-005-023
UPID
US24-0255764
Jurisdiction
HONOLULU
Zoning & alternative use
B-2 · Pearl City, HI
Zoning B-2 · permitted uses
B-2 · Pearl City, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pearl City. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
12
Lot
1.66 ac
Current owner
From public records · entity-resolved
Fth Restaurant Properties INC
Entity
Free & Clear · 14 yrs held
Mailing address
1765 S KING ST, HONOLULU, HI 96826-2134
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2011
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 14, 2022
—
Fth Restaurant Properties INC
—
Deed
related
$46,782,000 · First Hawaiian Bank
Feb 15, 2012
—
Fth Restaurant Properties INC
—
Deed Of Trust
related
$25,500,000 · First Hawaiian Bank
Nov 9, 2011
$3,046,750
Fth Restaurant Properties INC
Fch Ents INC
Warranty Deed
—
Nov 9, 2011
—
Prime Burger INC
Fch Ents INC
Grant Deed
related
—
Jun 6, 2008
—
Fch Ents INC
—
Deed Of Trust
related
$41,239,601 · Bank Of Hawaii
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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