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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Office buildings
774 Lowr Main St Wailuku, HI 96793-1454
Trust Owned
7-yr Hold
Free & Clear
Property ID
US24-0243199
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1943
Construction
WOOD
Total area
1,795 SF
Lot
0.24 ac (10,518 SF)
Zoning code
M-1
APN
3-4-026-003
UPID
US24-0243199
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
$585k
Comparable Approach
Comparable
$569k
Blend (final)
Blend
$540k
Owner & transaction history
Behnke,thomas L Living Trust · 7 yrs held
Behnke,thomas L Living Trust
since 2018
1 recorded transaction
Zoning & alternative use
M-1 · Wailuku, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$865,000
+63.4%
Commercial (general)
$855,000
+61.2%
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 Wailuku submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wailuku 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
by Request
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$530,000
Current use
RETAIL STORES
$865,000
Change: +63% · Conversion: Moderate
COMMERCIAL (GENERAL)
$855,000
Change: +61% · Conversion: Easy
WAREHOUSE, STORAGE
$485,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$301 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$5,051
Tax year 2023
Assessed value
$716,400
Assessed 2023
Previous assessed
$569,900
+25.7% YoY
Effective rate
0.71%
On assessed value
Assessed land
$540,200
Assessed improvement
$176,200
Land market value
$540,200
Improvement market value
$176,200
Total market value
$716,400
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1943
Construction
WOOD
Heating
NONE
Stories
2
Bathrooms
11
Total area
1,795 SF
Lot
0.24 ac (10,518 SF)
Zoning code
M-1
APN
3-4-026-003
UPID
US24-0243199
Jurisdiction
MAUI
Zoning & alternative use
M-1 · Wailuku, HI
Zoning M-1 · permitted uses
M-1 · Wailuku, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wailuku. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$530,000
RETAIL STORES
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$855,000
WAREHOUSE, STORAGE
Est. value
$485,000
OFFICE BUILDING Current
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1943
Construction
WOOD
Heating
NONE
Stories
2
Bathrooms
11
Lot
0.24 ac
Current owner
From public records · entity-resolved
Behnke,thomas L Living Trust
Trust
Free & Clear · 7 yrs held
Mailing address
PO BOX 883, HAIKU, HI 96708-0883
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 3, 2018
$640,000
Behnke,thomas L Living Trust
Hhh Hui
Grant Deed
—
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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