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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Turn key restaurants
824 Kokomo Rd Haiku, HI 96708-5001
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US24-0001217
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1921
Construction
WOOD
Total area
1,044 SF
Lot
0.22 ac (9,440 SF)
Zoning code
2
APN
2-7-019-050
UPID
US24-0001217
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
-
Toohey's Butchery & Bistro Take-out & Catering Butcher
-
The Daily Grindz LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$660k
Owner & transaction history
824 Kokomo Road LLC · 3 yrs held
824 Kokomo Road LLC
since 2023
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
2 · Haiku, 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 Haiku submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haiku 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
$610,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $750k (May 8 2023)
Last sale anchor
$750k
May 8 2023
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
$632 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$4,544
Tax year 2024
Assessed value
$751,000
Assessed 2024
Previous assessed
$771,400
-2.6% YoY
Effective rate
0.61%
On assessed value
Assessed land
$453,100
Assessed improvement
$297,900
Land market value
$453,100
Improvement market value
$297,900
Total market value
$751,000
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
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1921
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Rooms
5
Bathrooms
1
Total area
1,044 SF
Lot
0.22 ac (9,440 SF)
Zoning code
2
APN
2-7-019-050
UPID
US24-0001217
Jurisdiction
MAUI
Zoning & alternative use
2 · Haiku, HIZoning 2 · permitted uses
2 · Haiku, 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
1921
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Rooms
5
Bathrooms
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
824 Kokomo Road LLC
Entity
Mailing address
1375 UMEKE CIR, KIHEI, HI 96753-6919
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2023
—
824 Kokomo Road LLC
Haiku Town Beer Company LLC
Warranty Deed
$500,000 · Haiku Town Beer Company LLC
Jun 6, 2022
$641,000
Haiku Town Beer Company LLC
North Hill Properties LLC
Quit Claim Deed
related
—
Apr 6, 2018
$695,000
North Hill Properties LLC
Kza LLC
Warranty Deed
—
Jun 3, 2013
$550,000
Kza LLC
Michele Joyce Thornton
Warranty Deed
$390,000 · First Hawaiian Bank
Feb 20, 2013
—
Thornton,michele
Rajan,ba A
Quit Claim Deed
related
—
Jun 9, 2004
$475,000
Michele J Thornton
Silva,brian J
Grant Deed
$427,500 · Bnc Mortgage INC
—
—
Brian J Silva
—
Deed Of Trust
related
$29,581 · Norwest Financial Hawaii INC
—
—
Brian J Silva
—
Deed Of Trust
related
$121,500 · Full Spectrum Lending INC
—
—
Brian J Silva
—
Deed Of Trust
related
$15,268 · Norwest Financial Hawaii INC
—
—
Brian J Silva
—
Deed Of Trust
related
$56,060 · Norwest Financial Hawaii INC
—
—
Ba A Rajan
—
Deed Of Trust
related
$50,000 · Gregg Blue
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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