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Property profile & analytics
OFF-MARKET
Commercial land
87-696 Farrington Hwy Waianae, HI 96792-3210
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US24-0237077
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1973
Lot
0.91 ac (39,471 SF)
Zoning code
B-2
APN
1-8-7-023-036
UPID
US24-0237077
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
Aloha LP Gas INC · 11 yrs held
Aloha LP Gas INC
since 2014
4 recorded transactions
Zoning & alternative use
B-2 · Waianae, 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 Waianae submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waianae 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
$7,092
Tax year 2023
Assessed value
$588,700
Assessed 2024
Previous assessed
$571,900
+2.9% YoY
Effective rate
1.20%
On assessed value
Assessed land
$588,700
Land market value
$588,700
Total market value
$588,700
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 land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Bathrooms
12
Lot
0.91 ac (39,471 SF)
Zoning code
B-2
APN
1-8-7-023-036
UPID
US24-0237077
Jurisdiction
HONOLULU
Zoning & alternative use
B-2 · Waianae, HIZoning B-2 · permitted uses
B-2 · Waianae, 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
1973
Heating
NONE
Stories
1
Bathrooms
12
Lot
0.91 ac
Current owner
From public records · entity-resolved
Aloha LP Gas INC
Entity
Mailing address
PO BOX 2842, WAIANAE, HI 96792-8842
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 18, 2014
$350,000
Aloha LP Gas INC
Chong Kim Kye
Warranty Deed
$245,000 · First Hawaiian Bank
Jul 25, 2012
$295,000
Kye C Kim
Lindberg,michell
Warranty Deed
—
Apr 29, 2010
—
Michell Lindberg
Lindberg,bo L
Quit Claim Deed
related
—
Apr 15, 2004
$265,000
Bo L Lindberg
Desilva,paula K
Grant Deed
—
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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