Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,380,000
Showrooms
74-5518 Kaiwi St Kailua Kona, HI 96740-3145
Entity Owned
1-yr Hold
Free & Clear
Property ID
US24-0099073
Property summary
AI-generated overview
This exceptional warehouse space, totaling 4,893 square feet, is the last available unit in the Brenton de Brandon & Dumont Building, situated on bustling Kaiwi Street within Kona's Old Industrial Park. The building itself boasts a substantial 20,790 square feet of total space, currently configured as a multi-tenant property. This particular unit offers a highly functional layout, featuring integrated office areas and a private restroom for enhanced convenience and privacy. Its L-shaped design maximizes space utilization and offers flexibility for various business needs. The property is zoned MG and identified by APN (3) 7-4-10-23 within Hawaii County. The address is 74-5518 Kaiwi Street, Kailua-Kona, HI 96740. This is a rare opportunity to secure a well-appointed warehouse space in a thriving industrial area, offering excellent visibility and accessibility. Don't miss out on this last remaining unit. Act quickly to secure this prime location.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1976
Construction
STEEL FRAME
Total area
28,432 SF
Lot
1.01 ac (44,170 SF)
Zoning code
4A
APN
3-7-4-010-023
UPID
US24-0099073
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
-
Japanese Auto Works and Service Auto Repair Shop
-
Aina Engineers Inc Engineer
-
L G Ir Conditioning Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.38M
Owner & transaction history
Makawao Management LLC · 1 yrs held
Makawao Management LLC
since 2025
7 recorded transactions
Zoning & alternative use
4A · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$49 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$28,194
Tax year 2024
Assessed value
$2,498,800
Assessed 2024
Previous assessed
$2,498,800
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$917,500
Assessed improvement
$1,581,300
Land market value
$917,500
Improvement market value
$1,581,300
Total market value
$2,498,800
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1976
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
1
Bathrooms
12
Total area
28,432 SF
Lot
1.01 ac (44,170 SF)
Zoning code
4A
APN
3-7-4-010-023
UPID
US24-0099073
Jurisdiction
HAWAII
Zoning & alternative use
4A · Kailua Kona, HI
Zoning 4A · permitted uses
4A · 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
1976
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
1
Bathrooms
12
Lot
1.01 ac
Current owner
From public records · entity-resolved
Makawao Management LLC
Entity
Free & Clear · 1 yrs held
Mailing address
130 MERCHANT ST, HONOLULU, HI 96813-4405
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2025
$1,000
Makawao Management LLC
Makawao Management LLC
Deed
related
—
Jun 4, 2025
$4,106,410
Makawao Management LLC
Ula Kapa Moe LLC
Deed
$3,657,423 · Bank Of Hawaii
Sep 23, 2024
—
Bank Of Hawaii
Ula Kapa Moe LLC
Assignment Of Lease (leasehold Sale)
—
Jan 11, 2024
$1,223,232
Makawao Management LLC
Robert H Ozaki
Lease
—
Feb 5, 2020
—
Block Acquisitions Ltd
Central Pacific Bk
Grant Deed
related
—
Jan 22, 2020
—
Makawao Management LLC
—
Deed
$300,000 · Block Acquisitions LP
Feb 1, 2010
—
Acquisitions LP Block
Liliuokalani Queen Trust
Grant Deed
related
—
Aug 26, 2003
—
Central Pacific Bank
Block Acquisitions Ltd
—
related
—
—
—
Makawao Management LLC
—
Deed Of Trust
$300,000 · Block Acquisitions LP
—
—
Block Acquisitions LP
—
Loan Modification
related
$562,500 · Central Pacific Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 74-5518 Kaiwi St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
