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Property profile & analytics
OFF-MARKET
Estimated value
$5,635,000
Warehouses
55-370 Kamehameha Hwy Laie, HI 96762-2113
Individually Owned
26-yr Hold
Free & Clear
Property ID
US24-0400678
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
27,376 SF
Lot
18.09 ac (787,783 SF)
Zoning code
B-2 COMMUNITY BUSINESS
APN
1-5-5-006-030
UPID
US24-0400678
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
$6.71M
Comparable Approach
Comparable
$3.40M
Blend (final)
Blend
$5.64M
Owner & transaction history
Polynesian Cultural Center · 26 yrs held
Polynesian Cultural Center
since 1999
1 recorded transaction
Zoning & alternative use
B-2 COMMUNITY BUSINESS · 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%
$7,270,000
6.5%
$6,710,000
7%
$6,230,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,865,000
Current use
Blend value · Realmo final
$5.64M
Range $5.07M – $6.20M · ±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
$206 / 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
$353,353
Tax year 2023
Assessed value
$29,062,000
Assessed 2024
Previous assessed
$29,062,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$11,510,900
Assessed improvement
$17,551,100
Land market value
$11,510,900
Improvement market value
$17,551,100
Total market value
$29,062,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
CENTRAL
Buildings
14
Stories
2
Units
1
Bathrooms
13
Total area
27,376 SF
Lot
18.09 ac (787,783 SF)
Zoning code
B-2 COMMUNITY BUSINESS
APN
1-5-5-006-030
UPID
US24-0400678
Jurisdiction
HONOLULU
Zoning & alternative use
B-2 COMMUNITY BUSINESS · Laie, HIZoning B-2 COMMUNITY BUSINESS · permitted uses
B-2 COMMUNITY BUSINESS · 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
WAREHOUSE, STORAGE Current
Est. value
$6.9M
WAREHOUSE, STORAGE Current
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
1985
Heating
NONE
Cooling
Yes
Stories
2
Buildings
14
Units
1
Bathrooms
13
Lot
18.09 ac
Current owner
From public records · entity-resolved
Polynesian Cultural Center
Individual
Free & Clear · 26 yrs held
Mailing address
55-370 KAMEHAMEHA HWY, LAIE, HI 96762-2113
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
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.
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