Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Showrooms
74-5622 Alapa St Kailua Kona, HI 96740-3108
Entity Owned
1-yr Hold
Free & Clear
Property ID
US24-0290107
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1980
Construction
STEEL FRAME
Total area
19,800 SF
Lot
1.19 ac (51,836 SF)
Zoning code
4A
APN
3-7-4-010-042
UPID
US24-0290107
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
-
Kraftsman Auto Body Auto Repair Shop
-
Trouble Call Towing Auto Repair Shop
-
Pohaku Nui Masonry General Contractor Construction Company
-
Scarlet Thread (Bike/Boat/Book/etc) Store
-
Hawaii Masonry & Development Corporation General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$935k
Owner & transaction history
Bank Of Hawaii · 1 yrs held
Bank Of Hawaii
since 2024
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
$47 / 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
$23,815
Tax year 2024
Assessed value
$2,110,700
Assessed 2024
Previous assessed
$2,110,700
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,016,900
Assessed improvement
$1,093,800
Land market value
$1,016,900
Improvement market value
$1,093,800
Total market value
$2,110,700
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
1980
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
1
Bathrooms
13
Total area
19,800 SF
Lot
1.19 ac (51,836 SF)
Zoning code
4A
APN
3-7-4-010-042
UPID
US24-0290107
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
1980
Construction
STEEL FRAME
Heating
NONE
Stories
2
Units
1
Bathrooms
13
Lot
1.19 ac
Current owner
From public records · entity-resolved
Bank Of Hawaii
Entity
Free & Clear · 1 yrs held
Mailing address
130 MERCHANT ST, HONOLULU, HI 96813-4405
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 23, 2024
—
Bank Of Hawaii
Ula Kapa Moe LLC
Assignment Of Lease (leasehold Sale)
—
Feb 26, 2018
—
Tyler Family Trust
Tyler,joseph C III
Quit Claim Deed
—
Sep 20, 2016
—
Rice,elizabeth T Trust
Rice,elizabeth T
Quit Claim Deed
—
Dec 31, 2014
—
Elizabeth T|tyler Joseph C Rice III
Tyler Joseph C JR Trust
Quit Claim Deed
—
Sep 30, 2009
—
Tyler Joseph C JR Trust
Tyler J C JR & T W Trust
Quit Claim Deed
related
—
Sep 24, 2009
$855,000
Joseph C Tyler JR.
Jctfp Ltd Ptshp
Grant Deed
—
Feb 11, 2000
$600,000
Jctfp LP
Tyler Trust
—
—
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 74-5622 Alapa 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.
