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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Hotels
61 Kalanianaole St Hilo, HI 96720
Entity Owned
5-yr Hold
Free & Clear
Property ID
US24-0387814
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1940
Construction
WOOD
Total area
10,500 SF
Lot
1.12 ac (48,913 SF)
Zoning code
7A
APN
3-2-1-006-008
UPID
US24-0387814
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
$410k
CAP Approach
CAP
$805k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
Scp Hilo LLC · 5 yrs held
Scp Hilo LLC
since 2021
7 recorded transactions
Zoning & alternative use
7A · Hilo, 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 Hilo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hilo 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
$410,000
CAP Approach
CAP Return
Estimation
6%
$875,000
6.5%
$805,000
7%
$750,000
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$58 / 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
$53,606
Tax year 2023
Assessed value
$4,641,200
Assessed 2024
Previous assessed
$4,641,200
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$976,300
Assessed improvement
$3,664,900
Land market value
$976,300
Improvement market value
$3,664,900
Total market value
$4,641,200
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
Similar Nearby for Lease
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1940
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Total area
10,500 SF
Lot
1.12 ac (48,913 SF)
Zoning code
7A
APN
3-2-1-006-008
UPID
US24-0387814
Jurisdiction
HAWAII
Zoning & alternative use
7A · Hilo, HI
Zoning 7A · permitted uses
7A · Hilo, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hilo. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Lot
1.12 ac
Current owner
From public records · entity-resolved
Scp Hilo LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 105168, ATLANTA, GA 30348-5168
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 17, 2021
—
Scp Hilo LLC
Kimi Hotels INC
Limited Warranty Deed
—
Mar 17, 2021
$10,338,355
Scp Hilo LLC
Kimi Hotels INC
Limited Warranty Deed
—
Dec 15, 2020
—
Kimi Hotels INC
Kimi Kim P Trust
Correction Deed
related
—
Apr 23, 2019
$1,550,000
Kimi Hotels INC
Kimi Kim P Trust
Warranty Deed
—
Apr 23, 2019
$50,000
Kimi Hotels INC
Andrews,trudie L
Warranty Deed
—
Apr 23, 2019
$75,000
Kimi Hotels INC
Anderson,eric J
Warranty Deed
—
Apr 23, 2019
$150,000
Kimi Hotels INC
Lindsey Cynthia J L/tr
Warranty Deed
—
Feb 12, 2016
—
Kimi,kim P Trust
Kimi,kim P
Quit Claim Deed
related
—
Dec 13, 2012
—
Snively,traci L K
Kimi,william J JR
Grant Deed
—
May 5, 2010
—
Lissa H Andrews
Naleimaile Matilda E U Trust
Grant Deed
related
—
Aug 4, 2009
—
Eric J Anderson
Anderson,john E III
Quit Claim Deed
related
—
Oct 19, 2006
—
Cynthia J Lindsey
Lindsey,cynthia J
Quit Claim Deed
related
—
Jul 26, 2006
—
Cynthia J Lindsey
Kimi Kenneth P Trust
Grant Deed
related
—
Jun 1, 1997
—
Naleimaile,matilda E Trust
Naleimaile Matilda E
Quit Claim 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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