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Property profile & analytics
OFF-MARKET
Estimated value
$4,660,000
Warehouses
91-202 Kalaeloa Blvd, Kapolei, HI 96707-1821
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US24-0343843
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Total area
21,000 SF
Lot
2.38 ac (103,455 SF)
Zoning code
I-2 INDUSTRIAL-GENERAL
APN
1-9-1-032-038
UPID
US24-0343843
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
-
IG Steel, LLC General Contractor
-
Hi-Tech Coatings Powder Coating Service
-
DC Welding & Metal Fabrication General Contractor
-
Regal Service Company – Paint & Preservation, a Confluence Corporation Subsidiary General Contractor
-
SureCan Coatings Powder Coating Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.84M
CAP Approach
CAP
$5.15M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.66M
Owner & transaction history
Ilpt Kk 202 LLC · 3 yrs held
Ilpt Kk 202 LLC
since 2022
Last sale
$4.4M
4 recorded transactions
Zoning & alternative use
I-2 INDUSTRIAL-GENERAL · 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
Method
Estimation
Statistic approach
$4,620,000
ML approach
$4,840,000
CAP Approach
CAP Return
Estimation
6%
$5,575,000
6.5%
$5,150,000
7%
$4,780,000
Blend value · Realmo final
$4.66M
Range $4.19M – $5.13M · ±10% · vs last sale $4.35M (Oct 3 2022)
Last sale anchor
$4.35M
Oct 3 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
$222 / 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
$72,773
Tax year 2023
Assessed value
$5,881,000
Assessed 2024
Previous assessed
$5,881,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$5,379,700
Assessed improvement
$501,300
Land market value
$5,379,700
Improvement market value
$501,300
Total market value
$5,881,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Units
1
Bathrooms
12
Total area
21,000 SF
Lot
2.38 ac (103,455 SF)
Zoning code
I-2 INDUSTRIAL-GENERAL
APN
1-9-1-032-038
UPID
US24-0343843
Jurisdiction
HONOLULU
Zoning & alternative use
I-2 INDUSTRIAL-GENERAL · Kapolei, HI
Zoning I-2 INDUSTRIAL-GENERAL · permitted uses
I-2 INDUSTRIAL-GENERAL · Kapolei, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kapolei. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Units
1
Bathrooms
12
Lot
2.38 ac
Current owner
From public records · entity-resolved
Ilpt Kk 202 LLC
Entity
Mailing address
255 WASHINGTON ST, NEWTON, MA 02458-1637
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2025
—
Ilpt Kk 202 LLC
—
Deed
related
$2,320,000 · Citi Real Estate Funding INC
Oct 3, 2022
$4,350,000
Ilpt Kk 202 LLC
Hawaii Mmgd LLC
Warranty Deed
$220,000,000 · Citi Real Estate Funding INC
Mar 10, 2022
—
Hawaii Mmgd LLC
—
Deed
related
$225,196,358 · Citibank NA
Jun 15, 2005
$88,721,000
Hawaii Mmgd LLC
Campbell Hawaii Investor LLC
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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