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Property profile & analytics
FOR SALE
Farms
681 Hoaka Rd Hilo, HI 96720
Individually Owned
2-yr Hold
Property ID
US24-0107490
For Sale
1 / 30
$785,000
681 Hoaka Rd, Hilo, HI 96720
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Property summary
AI-generated overview
Formally Waiakea Uka Ranch. . . partially-fenced beautiful 8.23 acres of pastureland (originally a ginger farm) with multiple structures and all utilities . . . spacious 2,394 sf warehouse with shower and bathroom . . . and 2 office spaces / guest rooms, outdoor prep counter and sink with BBQ grill and picnic tables overlooking landscape. on-demand water heater. Ideal grazing fields and fertile soil for cultivating food crops and ornamental plants. Limited vehicular traffic. Shared border with state forest lands. Ideal location above Hilo town for shopping dining out. Perfect for gentleman farmer?? Vacant land loan may be acceptable, depending on lender.
Property profile
Verified
Property type
Farms
UPID
US24-0107490
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Aloha Ilio Rescue · 2 yrs held
Aloha Ilio Rescue
since 2024
5 recorded transactions
Zoning & alternative use
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
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
Farms
Status
For Sale
UPID
US24-0107490
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Current owner
From public records · entity-resolved
Aloha Ilio Rescue
Individual
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2024
$775,000
Aloha Ilio Rescue
Miles P Kimhan
Warranty Deed
—
Nov 23, 2022
—
Miles P Kimhan
—
Deed
related
$225,000 · Honolulu Federal Cu
Nov 13, 2020
—
Miles,p Kimhan Trust
Robert Acasio
Deed
related
—
Aug 24, 2020
—
Miles P Kimhan
Robert Acasio
Warranty Deed
$350,000 · Hawaii Community FCU
Jun 9, 2016
—
Robert Acasio
Cu Hawaii Federal Credit Union
Warranty Deed
$388,500
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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