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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Commercial real estate
903 1st Stpc Pearl City, HI 96782-3311
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US24-0274915
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,368 SF
Lot
0.13 ac (5,475 SF)
Zoning code
B-1
APN
1-9-7-020-065
UPID
US24-0274915
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
-
Pearl City Piano Studio Tutoring Service Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
$365k
Comparable Approach
Comparable
$455k
Blend (final)
Blend
$540k
Owner & transaction history
Christopher Thuc Wu JR · 4 yrs held
Christopher Thuc Wu JR
since 2022
Last sale
$665,000
3 recorded transactions
Zoning & alternative use
B-1 · Pearl City, 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 Pearl City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pearl City 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
$495,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$395,000
6.5%
$365,000
7%
$335,000
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $665k (Jan 26 2022)
Last sale anchor
$665k
Jan 26 2022
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
$395 / 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
$7,146
Tax year 2023
Assessed value
$599,100
Assessed 2024
Previous assessed
$576,300
+4.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$535,200
Assessed improvement
$63,900
Land market value
$535,200
Improvement market value
$63,900
Total market value
$599,100
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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Bathrooms
11
Total area
1,368 SF
Lot
0.13 ac (5,475 SF)
Zoning code
B-1
APN
1-9-7-020-065
UPID
US24-0274915
Jurisdiction
HONOLULU
Zoning & alternative use
B-1 · Pearl City, HIZoning B-1 · permitted uses
B-1 · Pearl City, 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
1959
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
1
Units
1
Bathrooms
11
Lot
0.13 ac
Current owner
From public records · entity-resolved
Christopher Thuc Wu JR
Individual
Mailing address
95-218 LILII PL, MILILANI, HI 96789-4221
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2022
$665,000
Christopher Thuc Wu JR
Ken I Mashima
Warranty Deed
$450,000 · Bank Of Hawaii
Jun 22, 2017
—
Mashima,ken I & Pauline A Trust
Mashima,ken I & Pauline A
Quit Claim Deed
related
—
Dec 29, 2008
$429,000
Ken I Mashima
Fujioka Nobuichi & H Trust
Warranty 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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