Individually Owned
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For Sale
Contact for pricing
715 Kinoole St, Hilo, HI 96720
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Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1992
Construction
STEEL FRAME
Total area
23,016 SF
Lot
2.02 ac (88,112 SF)
Zoning code
3A
APN
3-2-2-009-001
UPID
US24-0258146
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Big Box & Wholesale Store Discount Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.63M
CAP Approach
CAP
$6.68M
Comparable Approach
Comparable
$3.65M
Blend (final)
Blend
$5.71M
Owner & transaction history
since 2022
Last sale
$5.5M
4 recorded transactions
Zoning & alternative use
3A · Hilo, HI
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.71M
Value range
$5.13M – $6.28M
±10% around blend
Estimated value / SF
$248 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$5.13M
blend $5.71M
$6.28M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
23,016 SF
Lot area
2.02 ac
Year built
1992
Stories
1
APN
3-2-2-009-001
Zoning
3A
Assessed value
$3,811,100
Annual tax
$40,779
3
Income approach: direct capitalization
Partial preview
Income approach indication
$6.68M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$7.24M
@ 6.5% CAP return
$6.68M
@ 7% CAP return
$6.21M
4
Sales comparison
Partial preview
Sales approach indication
$3.65M
Range $2.10M – $6.56M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.71M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 88 sales
$186
+33%
Submarket 88 sales
$186
+33%
County 196 sales
$221
+12%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $248/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
Implied cap rate
7.60%
Implied, in-place cap rate for this showrooms
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.60%
9.0%
NOI (est.)
$387k *
Last sale · Aug 2022
$5.53M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.09M
Move the market yield to see immediate price impact.
Value / SF
$221
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.10%7.60%8.10%
$348k
$4.90M
$4.58M
$4.30M
$387k
$5.45M
$5.09M
$4.77M
$425k
$5.99M
$5.60M
$5.25M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$40,779
Tax year 2023
Assessed value
$3,811,100
Assessed 2024
Previous assessed
$3,811,100
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,512,100
Assessed improvement
$2,299,000
Land market value
$1,512,100
Improvement market value
$2,299,000
Total market value
$3,811,100
Applied tax rate
3.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1992
Construction
STEEL FRAME
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
13
Total area
23,016 SF
Lot
2.02 ac (88,112 SF)
Zoning code
3A
APN
3-2-2-009-001
UPID
US24-0258146
Jurisdiction
HAWAII
Zoning & alternative use
3A · Hilo, HIZoning 3A · permitted uses
3A · Hilo, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
13
Lot
2.02 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
3A
Jurisdiction
Hilo, HI
Recorded code
3A
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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