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Property profile & analytics
FOR LEASE
Commercial real estate
81-6394 Mamalahoa Hwy Kealakekua, HI 96750
Individually Owned
26-yr Hold
Absentee Owner
Free & Clear
Property ID
US24-0164765
For Lease
1 / 30
$640,000
81-6394 Mamalahoa Hwy, Kealakekua, HI 96750
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Construction
WOOD
Total area
2,708 SF
Lot
0.73 ac (31,728 SF)
Zoning code
3M
APN
3-8-1-016-039
UPID
US24-0164765
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
$785k
Comparable Approach
Comparable
$437k
Blend (final)
Blend
$640k
Owner & transaction history
Lloyd Y Kimura · 26 yrs held
Lloyd Y Kimura
since 1999
5 recorded transactions
Zoning & alternative use
3M · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$850,000
6.5%
$785,000
7%
$730,000
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$236 / 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
$12,086
Tax year 2023
Assessed value
$1,129,500
Assessed 2024
Previous assessed
$1,129,500
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$390,600
Assessed improvement
$738,900
Land market value
$390,600
Improvement market value
$738,900
Total market value
$1,129,500
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
For Lease
Year built
1989
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
13
Total area
2,708 SF
Lot
0.73 ac (31,728 SF)
Zoning code
3M
APN
3-8-1-016-039
UPID
US24-0164765
Jurisdiction
HAWAII
Zoning & alternative use
3M · Kealakekua, HIZoning 3M · permitted uses
3M · Kealakekua, 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
1989
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Bathrooms
13
Lot
0.73 ac
Current owner
From public records · entity-resolved
Lloyd Y Kimura
Individual
Free & Clear · 26 yrs held
Mailing address
5656 N NEWCASTLE AVE RM 205-207, CHICAGO, IL 60631-3108
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1999
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 30, 1999
$475,000
Lloyd Y Kimura
American Savings Bank
Grant Deed
—
Aug 24, 1998
$688,500
American Savings Bank
Jose,laddie F
Trustees Deed
related
—
—
—
Jensen,ole E & Elaine M
—
Deed Of Trust
related
$180,000 · Bank Of Hi
—
—
Ole E Jensen
—
Deed Of Trust
related
$240,000 · Bank Of Hawaii
—
—
Ole E Jensen
—
Deed Of Trust
related
$240,000 · Bank Of Hawaii
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
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