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Property profile & analytics
OFF-MARKET
Estimated value
$4,860,000
Commercial real estate
55-370 Kamehameha Hwy Laie, HI 96762-2113
Individually Owned
9-yr Hold
Free & Clear
Property ID
US24-0305298
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2007
Total area
12,843 SF
Lot
23.76 ac (1,034,855 SF)
Zoning code
B-2
APN
1-5-5-006-028
UPID
US24-0305298
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
-
Pounders Restaurant Restaurant
-
Pearl Factory Hawaii's Original Pearl-in-the-Oyster (Bike/Boat/Book/etc) Store
-
Pukana La Creations (Bike/Boat/Book/etc) Store
-
SODABOMB Restaurant
-
Guadalajara Grill Hawaii Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.41M
Comparable Approach
Comparable
$5.62M
Blend (final)
Blend
$4.86M
Owner & transaction history
Barry K Napoleon · 9 yrs held
Barry K Napoleon
since 2016
2 recorded transactions
Zoning & alternative use
B-2 · Laie, 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 Laie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laie 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%
$3,690,000
6.5%
$3,410,000
7%
$3,165,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$5,550,000
Current use
APARTMENT HOUSE (5+ UNITS)
$5,255,000
Change: -5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$5,220,000
Change: -6% · Conversion: Moderate
Blend value · Realmo final
$4.86M
Range $4.37M – $5.35M · ±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
$378 / 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
$267,566
Tax year 2023
Assessed value
$22,092,000
Assessed 2024
Previous assessed
$21,577,900
+2.4% YoY
Effective rate
1.21%
On assessed value
Assessed land
$15,031,700
Assessed improvement
$7,060,300
Land market value
$15,031,700
Improvement market value
$7,060,300
Total market value
$22,092,000
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
2007
Heating
NONE
Buildings
10
Stories
1
Units
1
Bathrooms
13
Total area
12,843 SF
Lot
23.76 ac (1,034,855 SF)
Zoning code
B-2
APN
1-5-5-006-028
UPID
US24-0305298
Jurisdiction
HONOLULU
Zoning & alternative use
B-2 · Laie, HIZoning B-2 · permitted uses
B-2 · Laie, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$5.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$5.2M
COMMERCIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Heating
NONE
Stories
1
Buildings
10
Units
1
Bathrooms
13
Lot
23.76 ac
Current owner
From public records · entity-resolved
Barry K Napoleon
Individual
Free & Clear · 9 yrs held
Mailing address
55-370 KAMEHAMEHA HWY, LAIE, HI 96762-2113
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2016
—
Barry K Napoleon
Kanaina Charles
Warranty Deed
related
—
Dec 30, 1999
—
Polynesian Cultural Center
Islands Foundation
Grant Deed
related
—
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.
Try Rey
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