Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    545 Queen St Honolulu, HI 96813-5048

    • Commercial real estate
    • 1,338 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US24-0175941
    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

    • Volunteer Legal Services Hawaii / Volunteer Organization / Charitable Organization
    • Car Rental Honolulu / Car Rental Facility
    • Pam Chambers / Consultant
    • ACES Air Condition & Electrical Services / General Contractor
    • Wonderfully Clean, LLC / Hardware & Home Improvement

    Property Details for 545 Queen St

    Year built
    1995
    Property size
    1,338 SF
    Zone code
    KAKAAKO CO
    Property type
    Commercial real estate
    APN
    1-2-1-031-021-0094
    APU
    1210310210094

    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
    -157.86
    Latitude
    21.3031
    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
    $300
    $198,900
    $225,100
    $424,000
    -
    $198,900
    $225,100
    $424,000

    Comparable in this City

    • Value Estimation by Request
      4.33 Acres

      825 Mililani St

      COMMERCIAL (GENERAL) • 4.33 Acres
      825 Mililani St, Honolulu, HI 96813
      View Details
    • Value Estimation
      $640,000
      7.25 Acres

      880 Msn Ln

      COMMERCIAL (GENERAL) • 7.25 Acres
      880 Msn Ln, Honolulu, HI 96813-5051
      View Details
    • Value Estimation by Request
      0.00 Acres

      801 Beretania St

      COMMERCIAL (GENERAL) • 0.00 Acres
      801 Beretania St, Honolulu, HI 96813-2501
      View Details
    • Value Estimation by Request

      800 Bethel St, Unit 101

      COMMERCIAL (GENERAL)
      800 Bethel St, Honolulu, HI 96813-4339
      View Details
    • Value Estimation by Request
      0.33 Acres

      1175 Ft St Mall

      COMMERCIAL (GENERAL) • 0.33 Acres
      1175 Ft St Mall, Honolulu, HI 96813
      View Details
    • Value Estimation
      $555,000
      7.08 Acres

      530 King St

      COMMERCIAL (GENERAL) • 7.08 Acres
      530 King St, Honolulu, HI 96813-3014
      View Details

    Similar Nearby for Sale

    • $200,000
      1,006 SF

      Honolulu Kakaako Commercial Space

      High-traffic, 1006 sq ft restaurant space
      725 Kapiolani Blvd, Honolulu, HI 96813
      View Details
    • $2,989,000

      Honolulu Multifamily Investment Opportunity

      12-unit multifamily property in Honolulu with renovated units and parking.
      1408 Lusitana 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
    • $2,100,000
      3,320 SF

      Honolulu Multifamily Property Near Park

      Six-unit multifamily property near Booth District Park in Honolulu.
      2357-2361 Pauoa Rd, Honolulu, HI 96813
      View Details
    • Contact for pricing
      110,000 SF

      Kapiolani Boulevard Office Building

      Well-maintained office building with renovated common areas on Kapiolani.
      770 Kapiolani Blvd, Honolulu, HI 96813
      View Details
    • $950,000
      0.11 Acres

      Vacant Land in Pauoa Valley

      Prime vacant land in Honolulu's coveted Pauoa Valley neighborhood.
      313 Kapulei St, Honolulu, HI 96813
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      135,445 SF

      Honolulu Retail Center - Bishop St

      Prime Honolulu retail space, multiple suites available.
      733 Bishop St, Honolulu, HI 96813
      View Details
    • $36 SF/Yr
      45,603 SF

      Blaisdell Hotel Retail Spaces

      Honolulu's Historic Fort Street Mall Retail
      1154 Fort Street Mall, Honolulu, HI 96813
      View Details
    • $36 SF/Yr
      72,045 SF

      Ohia Building: Honolulu Office Space

      Downtown Honolulu Office & Retail, Move-In Ready
      1149 Bethel St, Honolulu, HI 96813
      View Details
    • $6 SF/Yr
      119,888 SF

      Ala Moana Blvd Retail Opportunity

      Prime Honolulu Retail Space Available
      0 Cor Of Ala Moana Blvd & Forrest Ave, Honolulu, HI 96813
      View Details
    • Contact for pricing
      80,000 SF

      Keauhou Lane Executive Offices

      Honolulu Executive Suites Available
      500 Keawe St, Honolulu, HI 96813
      View Details
    • Contact for pricing
      28,419 SF

      Premier Honolulu Mixed-Use Property

      Class A office and retail space in Honolulu's Waterfront Plaza.
      500 Ala Moana Blvd, 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.
    545 Queen St
    Honolulu, HI 96813-5048
    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.