New search
Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Commercial real estate
81-6627 Mamalahoa Hwy, Kealakekua, HI 96750-8180
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US24-0129728
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1989
Construction
WOOD
Total area
6,999 SF
Lot
0.28 ac (12,233 SF)
Zoning code
3M
APN
3-8-1-012-055
UPID
US24-0129728
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
-
Cindy Jean-Rooney Physician
-
Cosmetic Laser Center-Hawaii Physician
-
Dr. Craig C. Stevenson, MD Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$980k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$965k
Blend (final)
Blend
$995k
Owner & transaction history
Sea Paradise Scuba INC · 3 yrs held
Sea Paradise Scuba INC
since 2022
Last sale
$1.0M
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
$1,035,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,550,000
Current use
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $1.00M (Dec 5 2022)
Last sale anchor
$1.00M
Dec 5 2022
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
$142 / 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
$11,154
Tax year 2023
Assessed value
$1,042,400
Assessed 2024
Previous assessed
$1,042,400
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$208,200
Assessed improvement
$834,200
Land market value
$208,200
Improvement market value
$834,200
Total market value
$1,042,400
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
1989
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Bathrooms
13
Total area
6,999 SF
Lot
0.28 ac (12,233 SF)
Zoning code
3M
APN
3-8-1-012-055
UPID
US24-0129728
Jurisdiction
HAWAII
Zoning & alternative use
3M · Kealakekua, HI
Zoning 3M · permitted uses
3M · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.6M
COMMERCIAL (GENERAL) Current
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
1989
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Bathrooms
13
Lot
0.28 ac
Current owner
From public records · entity-resolved
Sea Paradise Scuba INC
Entity
Mailing address
PO BOX 390159, KEAUHOU, HI 96739-0159
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Dec 5, 2022
$1,000,000
Sea Paradise Scuba INC
Rainbow Trading Lllp
Warranty Deed
$750,000 · Bank Of Hawaii
Nov 13, 2015
$970,000
Rainbow Trading Lllp
Benjamin Ireson Collins
Warranty Deed
$776,000 · American Savings Bank Fsb
Apr 8, 2005
$1,035,000
Benjamin I Collins
Ami Properties LLC
Warranty Deed
—
May 19, 2003
$825,000
Ami Properties LLC
Selwyn Hawaii Enterprises Ltd
Grant Deed
—
—
—
Selwyn Hawaii Enterprises Ltd
—
Deed Of Trust
related
$370,000 · Individual
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 81-6627 Mamalahoa Hwy?
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.
