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Property profile & analytics
OFF-MARKET
Estimated value
$2,465,000
Showrooms
81-934 Waenaoihana Loop, Kealakekua, HI 96750-8161
Individually Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US24-0235062
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1995
Construction
STEEL FRAME
Total area
17,000 SF
Lot
1.25 ac (54,581 SF)
Zoning code
3L
APN
3-8-1-003-075
UPID
US24-0235062
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
-
My Self Storage Space Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$2.47M
Owner & transaction history
Keybank NA · 12 yrs held
Keybank NA
since 2014
7 recorded transactions
Zoning & alternative use
3L · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,760,000
Current use
Blend value · Realmo final
$2.47M
Range $2.22M – $2.71M · ±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
$145 / 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
$34,096
Tax year 2023
Assessed value
$3,186,500
Assessed 2024
Previous assessed
$3,186,500
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$552,400
Assessed improvement
$2,634,100
Land market value
$552,400
Improvement market value
$2,634,100
Total market value
$3,186,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
2
Units
1
Bathrooms
13
Total area
17,000 SF
Lot
1.25 ac (54,581 SF)
Zoning code
3L
APN
3-8-1-003-075
UPID
US24-0235062
Jurisdiction
HAWAII
Zoning & alternative use
3L · Kealakekua, HI
Zoning 3L · permitted uses
3L · 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
$3.8M
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
1995
Construction
STEEL FRAME
Heating
NONE
Stories
2
Buildings
3
Units
1
Bathrooms
13
Lot
1.25 ac
Current owner
From public records · entity-resolved
Keybank NA
Individual
Mailing address
2151 MICHELSON DR STE #140, IRVINE, CA 92612-1334
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2018
—
Sc Kona Self Storage LP
—
Grant Deed
related
$9,750,000 · Miscellaneous Ins Co
May 9, 2014
—
Keybank NA
Sc Kona Self Storage LP
Trustees Deed
related
$5,775,000 · Keybank Nat'l Assn/edgewood
Apr 23, 2014
$2,800,000
Sc Kona Self Storage LP
Us Bank NA 2007-pwr16
Warranty Deed
—
Aug 27, 2012
$3,340,000
Us Bank NA Series 2007-pwr16
Lm Kona LLC
Grant Deed
—
Aug 24, 2007
$770,840
Lm Kona LLC
Sk Kona LLC
Grant Deed
related
—
Apr 20, 2007
$5,885,000
Sk Kona LLC
Taba LLC
Warranty Deed
$4,708,000 · Wells Fargo Bank
Sep 28, 2001
$4,000,000
Taba LLC
Koski Enterprises INC
Grant Deed
$3,000,000 · First Hawaiian Bank
Jul 3, 2001
$4,000,000
Koski Enterprises INC
Diversified Forest Products In
Grant Deed
—
Feb 5, 1999
$100,000
Diversified Forest Products
Kona Scenic Land INC
Grant Deed
$95,000 · Seller
—
—
Diversified Forest Products
—
Deed Of Trust
related
$200,000 · First Hawaiian 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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