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Property profile & analytics
OFF-MARKET
Estimated value
$2,710,000
Commercial real estate
59-720 Kamehameha Hwy Haleiwa, HI 96712-9403
Individually Owned
9-yr Hold
Free & Clear
Property ID
US24-0123371
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,643 SF
Lot
1.84 ac (79,958 SF)
Zoning code
B-1
APN
1-5-9-011-016
UPID
US24-0123371
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
-
Foodland Pupukea Grocery & Convenience Store Food Market
-
The Coffee Bean & Tea Leaf Pupukea Cafe & Coffee Shop
-
North Shore Stocked Fridge Vacation Rental Real Estate Agency
-
Western Union Bank Credit Union
-
American Savings Bank - ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.61M
Blend (final)
Blend
$2.71M
Owner & transaction history
Maurice & Joanna Sullivan Fami · 9 yrs held
Maurice & Joanna Sullivan Fami
since 2016
2 recorded transactions
Zoning & alternative use
B-1 · Haleiwa, 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 Haleiwa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haleiwa 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
$2.71M
Range $2.44M – $2.98M · ±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
$125 / 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
$50,926
Tax year 2023
Assessed value
$3,992,700
Assessed 2024
Previous assessed
$4,106,900
-2.8% YoY
Effective rate
1.28%
On assessed value
Assessed land
$2,598,900
Assessed improvement
$1,393,800
Land market value
$2,598,900
Improvement market value
$1,393,800
Total market value
$3,992,700
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
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
13
Total area
21,643 SF
Lot
1.84 ac (79,958 SF)
Zoning code
B-1
APN
1-5-9-011-016
UPID
US24-0123371
Jurisdiction
HONOLULU
Zoning & alternative use
B-1 · Haleiwa, HIZoning B-1 · permitted uses
B-1 · Haleiwa, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1980
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
13
Lot
1.84 ac
Current owner
From public records · entity-resolved
Maurice & Joanna Sullivan Fami
Individual
Free & Clear · 9 yrs held
Mailing address
3536 HARDING AVE STE #500, HONOLULU, HI 96816-2453
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
Nov 18, 2016
—
Maurice & Joanna Sullivan Fami
Sullivan Joanna N C L Trust
Quit Claim Deed
related
—
Mar 3, 1998
$33,100
Foodland Super Market Ltd
Sullivan Family LP
Grant Deed
—
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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