New search
Property profile & analytics
OFF-MARKET
Commercial real estate
79-7497 Hawaii Belt Rd, Kealakekua, HI 96750-7110
Entity Owned
5-yr Hold
Free & Clear
Property ID
US24-0441048
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1957
Construction
WOOD
Total area
2,812 SF
Lot
0.22 ac (9,777 SF)
Zoning code
3I
APN
3-7-9-010-064
UPID
US24-0441048
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
Kipimana LLC · 5 yrs held
Kipimana LLC
since 2020
Last sale
$505,000
5 recorded transactions
Zoning & alternative use
3I · Kealakekua, 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 Kealakekua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kealakekua 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
$6,844
Tax year 2023
Assessed value
$639,600
Assessed 2024
Previous assessed
$639,600
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$143,700
Assessed improvement
$495,900
Land market value
$143,700
Improvement market value
$495,900
Total market value
$639,600
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
1957
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
11
Total area
2,812 SF
Lot
0.22 ac (9,777 SF)
Zoning code
3I
APN
3-7-9-010-064
UPID
US24-0441048
Jurisdiction
HAWAII
Zoning & alternative use
3I · Kealakekua, HI
Zoning 3I · permitted uses
3I · Kealakekua, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kealakekua. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
11
Lot
0.22 ac
Current owner
From public records · entity-resolved
Kipimana LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2405 KALANIANAOLE ST APT #207, HILO, HI 96720-4904
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 18, 2020
$505,000
Kipimana LLC
Lars E Madsen
Warranty Deed
—
May 24, 2017
$498,000
Lars E Madsen
Bever Ohana Trust
Warranty Deed
$398,000 · Bever Ohana Trust (ct)
Oct 17, 2012
—
Bever Ohana Trust
Bever,david D
Quit Claim Deed
related
—
Aug 3, 2011
—
David D Bever
Bever,david D
Quit Claim Deed
related
—
Mar 8, 1999
—
Jenny K Wakayama
Hayashi Trust
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.
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 79-7497 Hawaii Belt Rd?
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.