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Property profile & analytics
OFF-MARKET
Showrooms
74-5522 Kaiwi St Kailua Kona, HI 96740-1609
Entity Owned
Free & Clear
Property ID
US24-0465711
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,212 SF
Lot
0.7 ac (30,492 SF)
Zoning code
4A
APN
3-7-4-010-014
UPID
US24-0465711
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
-
Davis Tile & Marble, Inc. Hardware & Home Improvement Carpet & Flooring Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Wit Management LLC
Wit Management LLC
since 2026
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
—
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
$12,033
Tax year 2024
Assessed value
$1,066,500
Assessed 2024
Previous assessed
$1,066,500
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$703,800
Assessed improvement
$362,700
Land market value
$703,800
Improvement market value
$362,700
Total market value
$1,066,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Total area
1,212 SF
Lot
0.7 ac (30,492 SF)
Zoning code
4A
APN
3-7-4-010-014
UPID
US24-0465711
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
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Wit Management LLC
Entity
Free & Clear · 0 yrs held
Mailing address
130 MERCHANT ST, HONOLULU, HI 96813-4405
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 15, 2026
$2,745,000
Wit Management LLC
Makawao Management LLC
Warranty Deed
—
Jun 4, 2025
$4,106,410
Makawao Management LLC
Ula Kapa Moe LLC
Deed
$3,657,423 · Bank Of Hawaii
Jun 4, 2025
$1,000
Makawao Management LLC
Makawao Management LLC
Deed
related
—
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
—
Jan 22, 2020
—
Makawao Management LLC
—
Deed
$300,000 · Block Acquisitions LP
Aug 18, 2016
—
Hawthorne Pacific Corp
Liliuokalani Queen Trust
Grant Deed
related
—
Oct 2, 2012
—
Davis Tile & Marble INC
Liliuokalani Queen Trust
Grant Deed
related
—
Feb 1, 2010
—
Acquisitions LP Block
Liliuokalani Queen Trust
Grant Deed
related
—
Dec 2, 2009
$382,612
Davis Tile & Marble INC
Liliuokalani Queen Trust
Grant Deed
—
Sep 25, 2009
—
Record Owner
Owner,record
Quit Claim Deed
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
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