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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Industrial properties
74-4925 Queen Kaahumanu Hwy, Kailua Kona, HI 96740
Entity Owned
7-yr Hold
Free & Clear
Property ID
US24-0146683
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
90.67 ac (3,949,455 SF)
Zoning code
MG-1A
APN
3-7-4-008-013
UPID
US24-0146683
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
-
Grace Pacific Corporation General Contractor Construction Company
-
Soil Plus Agricultural Supply Garden Center
-
Hawaii Pre-Cast Inc Building Supply Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$785k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$785k
Owner & transaction history
Whbp Leasing LLC · 7 yrs held
Whbp Leasing LLC
since 2019
7 recorded transactions
Zoning & alternative use
MG-1A · 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
by Request
ML approach
$785,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$81,582
Tax year 2024
Assessed value
$7,624,500
Assessed 2024
Previous assessed
$7,624,500
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$7,570,500
Assessed improvement
$54,000
Land market value
$7,570,500
Improvement market value
$54,000
Total market value
$7,624,500
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Lot
90.67 ac (3,949,455 SF)
Zoning code
MG-1A
APN
3-7-4-008-013
UPID
US24-0146683
Jurisdiction
HAWAII
Zoning & alternative use
MG-1A · Kailua Kona, HI
Zoning MG-1A · permitted uses
MG-1A · 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
Heating
NONE
Lot
90.67 ac
Current owner
From public records · entity-resolved
Whbp Leasing LLC
Entity
Free & Clear · 7 yrs held
Mailing address
PO BOX 9032, KAILUA KONA, HI 96745-9032
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2019
$4,915,600
Whbp Leasing LLC
West Hawaii Business Park LLC
Grant Deed
—
Aug 11, 2016
—
West Hawaii Business Park LLC
Lanihau Properties LLC
Quit Claim Deed
related
—
Mar 29, 2016
—
West Hawaii Business Park LLC
Blueroc Properties LLC
Quit Claim Deed
$2,831,400
Apr 27, 2010
—
West Hawaii Business Park LLC
Blueroc Properties LLC
Quit Claim Deed
related
—
May 7, 2004
$2,909,000
West Hawaii Business Park LLC
Lanihau Properties LLC
Grant Deed
—
May 10, 2002
$1,000
Palani Ranch Co INC
Lanihau Properties LLC
Quit Claim Deed
related
—
Jan 25, 2001
$3,033,600
Lanihau Properties LLC
Lanihau Partners LP
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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