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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Commercial real estate
68-1087 Ke Kailani Dr 26, Kamuela, HI 96743-8610
Entity Owned
6-yr Hold
Property ID
US24-0059779
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2000
Lot
1.03 ac (44,995 SF)
Zoning code
2I
APN
3-6-8-036-026
UPID
US24-0059779
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
$465k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$520k
Owner & transaction history
Tower Ke Kailani LLC · 6 yrs held
Tower Ke Kailani LLC
since 2020
Last sale
$576,072
7 recorded transactions
Zoning & alternative use
2I · Kamuela, 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 Kamuela submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kamuela 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
$455,000
ML approach
$465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$520k
Range $468k – $572k · ±10% · vs last sale $576k (Mar 5 2020)
Last sale anchor
$576k
Mar 5 2020
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
—
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
$9,758
Tax year 2023
Assessed value
$1,074,100
Assessed 2024
Previous assessed
$879,100
+22.2% YoY
Effective rate
0.91%
On assessed value
Assessed land
$879,100
Assessed improvement
$195,000
Land market value
$879,100
Improvement market value
$195,000
Total market value
$1,074,100
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2000
Heating
NONE
Units
1
Lot
1.03 ac (44,995 SF)
Zoning code
2I
APN
3-6-8-036-026
UPID
US24-0059779
Jurisdiction
HAWAII
Zoning & alternative use
2I · Kamuela, HI
Zoning 2I · permitted uses
2I · Kamuela, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kamuela. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Heating
NONE
Units
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Tower Ke Kailani LLC
Entity
Mailing address
1050 BISHOP ST STE #530, HONOLULU, HI 96813-4210
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2024
—
Tower Ke Kailani LLC
—
Deed
related
$15,494,617 · Construction Loan Services LLC
Sep 10, 2024
—
Tower Ke Kailani LLC
—
Deed
related
$12,252,938 · Construction Loan Services II LLC
Mar 31, 2023
—
Tower Ke Kailani LLC
—
Deed
related
$12,252,938 · Construction Loan Services II LLC
Jun 8, 2021
—
Tower Ke Kailani LLC
—
Deed
related
$1,274,167 · Construction Loan Services II LLC
Mar 5, 2020
$475,000
Tower Ke Kailani LLC
Ke Kailani Partners LLC
Grant Deed
—
Oct 31, 2011
$576,072
Ke Kailani Partners LLC
Commissioner Of Hawaii County
Grant Deed
—
Nov 17, 2005
$1,595,000
Record Owner
Owner,record
Grant Deed
related
—
Nov 4, 2005
$2,800,000
Record Owner
Owner,record
Grant Deed
related
—
Oct 31, 2005
$1,495,000
Record Owner
Owner,record
Grant Deed
related
—
Oct 19, 2005
$1,595,000
Record Owner
Owner,record
Grant Deed
related
—
Oct 18, 2005
$1,495,000
Record Owner
Owner,record
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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