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Property profile & analytics
OFF-MARKET
Commercial land
78-6800 Alii Dr Kailua Kona, HI 96740-4400
Individually Owned
3-yr Hold
Free & Clear
Property ID
US24-0030908
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1971
Total area
784 SF
Lot
15.54 ac (677,010 SF)
Zoning code
2G
APN
3-7-8-013-003
UPID
US24-0030908
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
-
Smith David E Law Firm
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
David Bacigalupi · 3 yrs held
David Bacigalupi
since 2023
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
2G · 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
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1971
Heating
NONE
Total area
784 SF
Lot
15.54 ac (677,010 SF)
Zoning code
2G
APN
3-7-8-013-003
UPID
US24-0030908
Jurisdiction
HAWAII
Zoning & alternative use
2G · Kailua Kona, HIZoning 2G · permitted uses
2G · Kailua Kona, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Lot
15.54 ac
Current owner
From public records · entity-resolved
David Bacigalupi
Individual
Free & Clear · 3 yrs held
Mailing address
4011 CLUBHOUSE CT, SAN JOSE, CA 95135-1482
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2023
—
David Bacigalupi
David Bacigalupi
Intrafamily Transfer
related
—
Dec 13, 2022
$1,000,000
James M Kooler
Robert Hubbert
Deed
$700,000 · First Hawaiian Bank
Nov 9, 2021
—
J Damian Vitale
—
Deed
related
$688,000 · Stifel Bank & Trust
Feb 23, 2010
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Apr 28, 2009
—
Record Owner
Owner,record
Quit Claim Deed
related
—
Jan 18, 2005
—
Record Owner
Owner,record
Quit Claim Deed
related
—
May 19, 1987
—
Owner Name Unavailable
Owner Name Unavailable
Grant Deed
related
—
—
—
Michael D Gardner
—
Deed Of Trust
related
$30,000 · Bank Of Hawaii
—
—
Alan D Kent
—
Deed Of Trust
related
$411,000 · Washington Mutual Fsb
—
—
Alan L Hubbard
—
Deed Of Trust
related
$403,300 · Cornerstone Mortgage Corp
—
—
Timothy Huser
—
Deed Of Trust
related
$420,000 · Wells Fargo Bank
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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