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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Commercial real estate
9226 Kula Hwy, Kula, HI 96790-7423
Individually Owned
6-yr Hold
Free & Clear
Property ID
US24-0272092
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1948
Construction
WOOD
Total area
2,239 SF
Lot
0.17 ac (7,405 SF)
Zoning code
INTERIM
APN
2-2-003-032
UPID
US24-0272092
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
-
Henry Fong General Store Department Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$715k
Comparable Approach
Comparable
$555k
Blend (final)
Blend
$700k
Owner & transaction history
Owner Name Unavailable · 6 yrs held
Owner Name Unavailable
since 2020
5 recorded transactions
Zoning & alternative use
INTERIM · Kula, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+1.3%
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 Kula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kula 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$770,000
6.5%
$715,000
7%
$660,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,065,000
Current use
RETAIL STORES
$1,080,000
Change: +1% · Conversion: Easy
OFFICE BUILDING
$980,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
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
$313 / 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
$7,915
Tax year 2023
Assessed value
$1,334,600
Assessed 2023
Previous assessed
$1,179,500
+13.1% YoY
Effective rate
0.59%
On assessed value
Assessed land
$866,900
Assessed improvement
$467,700
Land market value
$866,900
Improvement market value
$467,700
Total market value
$1,334,600
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1948
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Units
1
Rooms
7
Bathrooms
4
Total area
2,239 SF
Lot
0.17 ac (7,405 SF)
Zoning code
INTERIM
APN
2-2-003-032
UPID
US24-0272092
Jurisdiction
MAUI
Zoning & alternative use
INTERIM · Kula, HI
Zoning INTERIM · permitted uses
INTERIM · Kula, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kula. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$980,000
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1948
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Units
1
Rooms
7
Bathrooms
4
Lot
0.17 ac
Current owner
From public records · entity-resolved
Owner Name Unavailable
Individual
Free & Clear · 6 yrs held
Mailing address
61 LOPAKA PL, KULA, HI 96790-8515
Ownership since
2020
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
Aug 11, 2020
—
Fong,aileen L Trust
—
Deed
related
$3,000,000 · Martin Deborah L Trust (rt)
May 28, 2020
—
Owner Name Unavailable
Aileen L Fong
Affidavit Of Death
related
—
Dec 21, 2017
—
Aileen L Fong
—
Deed
related
$3,700,000 · American Savings Bank Fsb
Sep 17, 2014
—
Fong,aileen L Trust
Fong,aileen L
Quit Claim Deed
related
—
—
—
Fong,aileen L Trust
—
Deed Of Trust
related
$3,000,000 · Martin Deborah L Trust (rt)
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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