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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Commercial real estate
47-5220 Hawaii Belt Rd, Honokaa, HI 96727
Entity Owned
13-yr Hold
Free & Clear
Property ID
US24-0420959
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1993
Construction
STEEL FRAME
Total area
6,520 SF
Lot
49.46 ac (2,154,260 SF)
Zoning code
5K
APN
3-4-7-007-017
UPID
US24-0420959
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
by Request
Comparable Approach
Comparable
$917k
Blend (final)
Blend
$835k
Owner & transaction history
Glory To Yahuwah LLC · 13 yrs held
Glory To Yahuwah LLC
since 2012
4 recorded transactions
Zoning & alternative use
5K · Honokaa, 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 Honokaa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honokaa 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
$835k
Range $752k – $919k · ±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
$128 / 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
$7,413
Tax year 2023
Assessed value
$792,800
Assessed 2024
Previous assessed
$792,800
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$20,800
Assessed improvement
$772,000
Land market value
$1,163,200
Improvement market value
$772,000
Total market value
$1,935,200
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1993
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
13
Total area
6,520 SF
Lot
49.46 ac (2,154,260 SF)
Zoning code
5K
APN
3-4-7-007-017
UPID
US24-0420959
Jurisdiction
HAWAII
Zoning & alternative use
5K · Honokaa, HI
Zoning 5K · permitted uses
5K · Honokaa, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honokaa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Units
1
Bathrooms
13
Lot
49.46 ac
Current owner
From public records · entity-resolved
Glory To Yahuwah LLC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 211, KAMUELA, HI 96743-0211
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2012
$2,954,000
Glory To Yahuwah LLC
Asia Pacific Group LLC
Warranty Deed
—
Jun 23, 2005
$975,000
Asia Pacific Group LLC
Commissioner Of Hawaii County
Grant Deed
—
Nov 26, 1999
$97,000
47 Mamalahoa Hwy INC
Otaka INC
Grant Deed
—
—
—
Dominis G Anderson
—
Deed Of Trust
related
$680,000 · Hawaii National 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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