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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Warehouses
787 Alua St, Wailuku, HI 96793-1444
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US24-0391580
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1984
Construction
TYPE NOT SPECIFIED
Total area
6,440 SF
Lot
0.31 ac (13,491 SF)
Zoning code
M-1
APN
3-4-026-019
UPID
US24-0391580
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
-
King's Painting LLC Painting Service General Contractor
-
King's Auto Maui Auto Repair Shop
-
King's Powder Coating Powder Coating Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$910k
Owner & transaction history
Kings Painting LLC · 9 yrs held
Kings Painting LLC
since 2016
6 recorded transactions
Zoning & alternative use
M-1 · Wailuku, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$141 / 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
$8,943
Tax year 2023
Assessed value
$1,268,500
Assessed 2023
Previous assessed
$1,125,600
+12.7% YoY
Effective rate
0.71%
On assessed value
Assessed land
$522,900
Assessed improvement
$745,600
Land market value
$522,900
Improvement market value
$745,600
Total market value
$1,268,500
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Bathrooms
13
Total area
6,440 SF
Lot
0.31 ac (13,491 SF)
Zoning code
M-1
APN
3-4-026-019
UPID
US24-0391580
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.
Building & site characteristics
From public records
Year built
1984
Construction
TYPE NOT SPECIFIED
Heating
NONE
Stories
1
Units
1
Bathrooms
13
Lot
0.31 ac
Current owner
From public records · entity-resolved
Kings Painting LLC
Entity
Mailing address
787 ALUA ST, WAILUKU, HI 96793-1444
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2023
—
Ktk & Associates LLC
—
Deed
related
$200,000 · United States Small Business Admin
Oct 5, 2016
—
Kings Painting LLC
Ktk & Associates LLC
Grant Deed
$596,000 · Hedco Local Dev
May 31, 2016
—
Ktk & Associates LLC
George Y Kadokawa
Warranty Deed
$725,000
Oct 31, 2014
—
Kadokawa,george Y & J S Trust
Kadokawa,george Y & Jeanette S
Quit Claim Deed
related
—
Oct 17, 2014
—
George Y Kadokawa
Kadokawa George Y Trust
Quit Claim Deed
related
—
—
—
Ktk & Associates LLC
—
Deed Of Trust
related
$596,000 · Hedco Local Dev
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?”
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