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Property profile & analytics
OFF-MARKET
Commercial real estate
75-124 Sarona Ln, Kailua Kona, HI 96740-3725
Individually Owned
Free & Clear
Property ID
US24-0059760
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1971
Construction
WOOD
Total area
9,422 SF
Lot
0.35 ac (15,251 SF)
Zoning code
7A
APN
3-7-5-007-007
UPID
US24-0059760
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jean Ululani Crellin Ashby
Jean Ululani Crellin Ashby
since 2025
7 recorded transactions
Zoning & alternative use
7A · 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 2023Property tax & assessments
Tax year 2023
Tax billed
$17,431
Tax year 2023
Assessed value
$1,400,100
Assessed 2024
Previous assessed
$1,400,100
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$597,200
Assessed improvement
$802,900
Land market value
$597,200
Improvement market value
$802,900
Total market value
$1,400,100
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1971
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
12
Total area
9,422 SF
Lot
0.35 ac (15,251 SF)
Zoning code
7A
APN
3-7-5-007-007
UPID
US24-0059760
Jurisdiction
HAWAII
Zoning & alternative use
7A · Kailua Kona, HI
Zoning 7A · permitted uses
7A · 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
1971
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Bathrooms
12
Lot
0.35 ac
Current owner
From public records · entity-resolved
Jean Ululani Crellin Ashby
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 522, LAKE OSWEGO, OR 97034-0058
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2025
$1,225,000
Jean Ululani Crellin Ashby
Kainiualapii Properties LLC
Warranty Deed
—
Nov 16, 2021
—
Lisa Mahealani Parker
Lisa M Parker
Intrafamily Transfer
related
—
Apr 14, 2021
—
Lisa Mahealani Parker
Lisa M Parker
Correction Deed
related
—
Mar 9, 2021
—
Lisa Mahealani Parker
Lisa M Parker
Intrafamily Transfer
related
—
Oct 27, 2015
$1,611,600
Kainiualapii Propertiese LLC
Crellin-ashby Trust
Warranty Deed
—
Oct 27, 2015
—
Crellin-ashby Trust
Crellin Louise S Trust
Quit Claim Deed
related
—
May 5, 2008
—
Hugo V Luder
Luder,hugo V & Shirley V
Quit Claim Deed
related
—
Nov 6, 2006
—
Kona Mp LLC
Crellin,louise S
Grant Deed
related
—
Sep 21, 2005
—
Pentecostal Church Of Kona
Kona Mp LLC
Quit Claim Deed
related
—
Dec 6, 2002
—
Pohaku Kumu INC
Crellin,tr
Quit Claim Deed
related
—
Aug 1, 2002
$92,400
Hugo Luder
Crellin,tr
Grant Deed
—
Aug 1, 2002
$328,050
Hugo V Luder
Crellin,louise S Tr
Grant Deed
—
Aug 1, 2002
—
Central Pacific Bank
Kona Mp LLC
Grant Deed
related
—
Dec 21, 1999
—
Nf INC
Gerell/smith & Associates
—
related
—
Aug 2, 1988
$231,215
Koloa Distributors A Hawaii
Koloa Distributors A Hawaii
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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