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Property profile & analytics
OFF-MARKET
Estimated value
$2,140,000
Commercial real estate
885 Kamokila Blvd Kapolei, HI 96707-2062
Entity Owned
19-yr Hold
Free & Clear
Property ID
US24-0345467
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Construction
WOOD
Total area
12,004 SF
Lot
0.98 ac (42,602 SF)
Zoning code
B-2
APN
1-9-1-088-008
UPID
US24-0345467
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
-
Chun Wah Kam Noodle Factory (Bike/Boat/Book/etc) Store
-
Hula Boba Cafe & Coffee Shop
-
Cupcake and Things Bakery Bakery
-
West Oahu Vet Center Community Center Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
Lettuce Expand LLC · 19 yrs held
Lettuce Expand LLC
since 2007
5 recorded transactions
Zoning & alternative use
B-2 · Kapolei, 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 Kapolei submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kapolei 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
$178 / 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
$65,612
Tax year 2023
Assessed value
$5,389,000
Assessed 2024
Previous assessed
$5,291,300
+1.8% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,471,400
Assessed improvement
$2,917,600
Land market value
$2,471,400
Improvement market value
$2,917,600
Total market value
$5,389,000
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
2008
Construction
WOOD
Heating
NONE
Cooling
CENTRAL
Stories
1
Units
1
Total area
12,004 SF
Lot
0.98 ac (42,602 SF)
Zoning code
B-2
APN
1-9-1-088-008
UPID
US24-0345467
Jurisdiction
HONOLULU
Zoning & alternative use
B-2 · Kapolei, HIZoning B-2 · permitted uses
B-2 · Kapolei, 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
2008
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
1
Lot
0.98 ac
Current owner
From public records · entity-resolved
Lettuce Expand LLC
Entity
Free & Clear · 19 yrs held
Mailing address
643 KAULANA PL, HONOLULU, HI 96821-2534
Ownership since
2007
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
Feb 2, 2017
—
Crocodile Partners
—
Grant Deed
related
$4,825,000 · First Hawaiian Bk
Jan 24, 2007
—
Lettuce Expand LLC
Crocodile Ptrs
Grant Deed
related
—
Jul 3, 2006
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Sep 5, 2003
$2,434,100
Lettuce Accommodate LLC
Kapolei Property Dev LLC
Grant Deed
$1,591,034 · Lettuce Expand LLC
Jan 2, 2002
$13,199,900
Kapolei Property Development
James Campbell Estate
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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