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Property profile & analytics
OFF-MARKET
Estimated value
$975,000
Commercial land
73-4284 Hawaii Belt Rd Kailua Kona, HI 96740
Entity Owned
1-yr Hold
Free & Clear
Property ID
US24-0387057
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1937
Total area
1,124 SF
Lot
3.2 ac (139,392 SF)
Zoning code
3I
APN
3-7-3-005-032
UPID
US24-0387057
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
$945k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$975k
Owner & transaction history
Oasis Church · 1 yrs held
Oasis Church
since 2024
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
3I · Kailua Kona, 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 Kailua Kona submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kailua Kona 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
$915,000
ML approach
$945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$975k
Range $878k – $1.07M · ±10% · vs last sale $1.02M (Nov 24 2021)
Last sale anchor
$1.02M
Nov 24 2021
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
$867 / 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
$18,194
Tax year 2023
Assessed value
$1,700,400
Assessed 2024
Previous assessed
$1,700,400
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$1,700,400
Land market value
$1,700,400
Total market value
$1,700,400
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1937
Heating
NONE
Stories
1
Rooms
4
Bathrooms
1
Total area
1,124 SF
Lot
3.2 ac (139,392 SF)
Zoning code
3I
APN
3-7-3-005-032
UPID
US24-0387057
Jurisdiction
HAWAII
Zoning & alternative use
3I · Kailua Kona, HI
Zoning 3I · permitted uses
3I · Kailua Kona, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kailua Kona. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1937
Heating
NONE
Stories
1
Rooms
4
Bathrooms
1
Lot
3.2 ac
Current owner
From public records · entity-resolved
Oasis Church
Entity
Free & Clear · 1 yrs held
Mailing address
75-5705 KUAKINI HWY STE #4, KAILUA KONA, HI 96740-1716
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
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2024
—
Oasis Church
Island Land Company INC
Deed
—
Nov 24, 2021
$1,016,800
Larry R Smith
Island Land Company INC
Warranty Deed
—
Nov 24, 2021
$571,900
Sea & Sun LLC
Island Land Company INC
Warranty Deed
—
Sep 17, 2021
$1,416,800
Island Land Company INC
Island Land Company INC
Warranty Deed
related
—
Nov 18, 2009
$1,181,375
Island Land Co INC Defined Ben
Smith,larry R & Caroline
Warranty Deed
$675,000 · First Hawaiian Bank
Dec 3, 2008
$375,000
Island Land Co INC Defined Ben
Smith,larry R & Caroline
Warranty Deed
—
Mar 24, 2006
$1,350,000
Larry R Smith
Werner Clarence L Trust
Warranty Deed
—
Mar 24, 2006
$1,000
Werner Clarence L Trust
Cl & D Eight LLC
Warranty Deed
related
—
Jun 5, 2003
$1,430
Warren Y Matsumoto
Matsumomoto,james S & Betty
Quit Claim Deed
related
—
Oct 18, 2002
$1,587,900
C L & D Eight LLC
Deluz,tr
Grant Deed
$647,000 · Deluz Trust
Jun 10, 2002
$1,300
David S Deluz
Matsumoto,james S & Betty
Quit Claim Deed
related
—
Apr 25, 2000
$826,000
Deluz Trust
Matsumoto,harue
Grant Deed
$920,000 · Old Standard Life Insurance Co
—
—
Warren Y Matsumoto
—
Deed Of Trust
related
$440,000 · Countrywide Home Loans INC
—
—
Harue Matsumoto
—
Deed Of Trust
related
$731,000 · Mortgage Group America
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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