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Property profile & analytics
OFF-MARKET
Turn key restaurants
87 Hana Hwy Paia, HI 96779
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US24-0087875
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1932
Construction
WOOD
Total area
311 SF
Lot
0.09 ac (4,118 SF)
Zoning code
INTERIM
APN
2-6-002-002
UPID
US24-0087875
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
87 Hh-ja LLC · 8 yrs held
87 Hh-ja LLC
since 2017
7 recorded transactions
Zoning & alternative use
INTERIM · Paia, 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 Paia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Paia 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
$15,675
Tax year 2023
Assessed value
$2,590,900
Assessed 2023
Previous assessed
$2,328,100
+11.3% YoY
Effective rate
0.61%
On assessed value
Assessed land
$1,579,000
Assessed improvement
$1,011,900
Land market value
$1,579,000
Improvement market value
$1,011,900
Total market value
$2,590,900
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1932
Construction
WOOD
Heating
NONE
Stories
2
Rooms
8
Bathrooms
2
Total area
311 SF
Lot
0.09 ac (4,118 SF)
Zoning code
INTERIM
APN
2-6-002-002
UPID
US24-0087875
Jurisdiction
MAUI
Zoning & alternative use
INTERIM · Paia, HI
Zoning INTERIM · permitted uses
INTERIM · Paia, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Paia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1932
Construction
WOOD
Heating
NONE
Stories
2
Rooms
8
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
87 Hh-ja LLC
Entity
Mailing address
845 WAINEE ST STE #213, LAHAINA, HI 96761-1688
Ownership since
2017
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
Oct 10, 2017
$5,100,000
87 Hh-ja LLC
Maui Aina Co LLC
Warranty Deed
$2,600,000 · Bank Of Hi
Jun 30, 2005
$1,200,000
Maui Aina Co LLC
Tackaberry,william W
Warranty Deed
$960,000 · First Hawaiian Bank
Jun 30, 2005
$1,000
Williame W Tackaberry
Trw Holdings LLC
Warranty Deed
—
Jan 28, 2003
—
Trw Holdings LLC
Waldow,neil H & Elaine M
Grant Deed
related
—
Apr 30, 2002
$826,000
Neil H Waldow
Blechta,george E
Grant Deed
—
Apr 30, 2002
$74,500
Neil H Waldow
Waldow,neil H & Elaine M
Grant Deed
related
$637,500 · First Hawaiian Bank
Aug 24, 1999
$352,900
Paia Bay Holding Co LLC
Blechta-tackaberry Paia Ptshp
Quit Claim Deed
related
—
—
—
Maui Aina Co LLC
—
Deed Of Trust
related
$2,400,000 · Bank Of Hi
—
—
Blechta Tackaberry Paia Partne
—
Deed Of Trust
related
$100,000 · Bank Of Hawaii
—
—
Maui Aina Co LLC
—
Deed Of Trust
related
$1,725,000 · 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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