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Property profile & analytics
OFF-MARKET
Estimated value
$1,205,000
Office buildings
71 Baldwin Ave, Paia, HI 96779-8607
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US24-0181603
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1961
Construction
STEEL FRAME
Total area
4,814 SF
Lot
0.77 ac (33,448 SF)
Zoning code
2
APN
2-6-005-001
UPID
US24-0181603
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
-
Elite Lending Loan Service Bank
-
Paia Prima Ballerina Dance Studio Training Center
-
Jess Waxing Maui Spa & Massage Center Skin Care Clinic
-
Kim McDonald Art Gallery Art Gallery Art Studio
-
Pearl Butik Home Decor Store Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.57M
Comparable Approach
Comparable
$865k
Blend (final)
Blend
$1.21M
Owner & transaction history
Satoki Ikeda Incorporated · 1 yrs held
Satoki Ikeda Incorporated
since 2024
2 recorded transactions
Zoning & alternative use
2 · Paia, 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 Paia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paia 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%
$1,700,000
6.5%
$1,570,000
7%
$1,460,000
Blend value · Realmo final
$1.21M
Range $1.08M – $1.33M · ±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
$250 / 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
$21,327
Tax year 2023
Assessed value
$2,023,610
Assessed 2023
Previous assessed
$1,837,640
+10.1% YoY
Effective rate
1.05%
On assessed value
Assessed land
$1,936,900
Assessed improvement
$86,710
Land market value
$1,936,900
Improvement market value
$86,710
Total market value
$2,023,610
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1961
Construction
STEEL FRAME
Heating
NONE
Buildings
2
Stories
1
Bathrooms
9
Total area
4,814 SF
Lot
0.77 ac (33,448 SF)
Zoning code
2
APN
2-6-005-001
UPID
US24-0181603
Jurisdiction
MAUI
Zoning & alternative use
2 · Paia, HI
Zoning 2 · permitted uses
2 · Paia, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1961
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
2
Bathrooms
9
Lot
0.77 ac
Current owner
From public records · entity-resolved
Satoki Ikeda Incorporated
Individual
Free & Clear · 1 yrs held
Mailing address
81 N MAKAWAO AVE STE #106, MAKAWAO, HI 96768-8894
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
—
Satoki Ikeda Incorporated
Satoki Ikeda Gehrig
Release/satis. Of Agrem. Of Sale (leasehold)
related
—
Jul 26, 2024
$4,300,000
3p Commercial LLC
Satoki Ikeda Gehrig
Warranty Deed
$4,300,000 · Christopher H Cumming Etux
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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