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Property profile & analytics
OFF-MARKET
Estimated value
$3,775,000
Warehouses
94-111 Leokane St, Waipahu, HI 96797-2244
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US24-0372763
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1971
Total area
25,200 SF
Lot
1.07 ac (46,824 SF)
Zoning code
I-2 INDUSTRIAL-GENERAL
APN
1-9-4-049-002
UPID
US24-0372763
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
-
Hiki Nō Custom RCs (Bike/Boat/Book/etc) Store
-
International Air Conditioning Coating Hardware & Home Improvement HVAC Service
-
R1PFITNESS Gym & Fitness Center
-
Cheap Car Insurance Insurance Agency
-
Auto Genius Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.77M
Blend (final)
Blend
$3.78M
Owner & transaction history
Nsi Leokane LLC · 6 yrs held
Nsi Leokane LLC
since 2020
Last sale
$3.9M
2 recorded transactions
Zoning & alternative use
I-2 INDUSTRIAL-GENERAL · Waipahu, 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 Waipahu submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waipahu 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
$3,720,000
ML approach
$3,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.78M
Range $3.40M – $4.15M · ±10% · vs last sale $3.85M (May 15 2020)
Last sale anchor
$3.85M
May 15 2020
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
$150 / 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
$68,267
Tax year 2023
Assessed value
$4,663,100
Assessed 2024
Previous assessed
$4,663,100
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$3,659,100
Assessed improvement
$1,004,000
Land market value
$3,659,100
Improvement market value
$1,004,000
Total market value
$4,663,100
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1971
Heating
NONE
Stories
1
Units
4
Bathrooms
12
Total area
25,200 SF
Lot
1.07 ac (46,824 SF)
Zoning code
I-2 INDUSTRIAL-GENERAL
APN
1-9-4-049-002
UPID
US24-0372763
Jurisdiction
HONOLULU
Zoning & alternative use
I-2 INDUSTRIAL-GENERAL · Waipahu, HI
Zoning I-2 INDUSTRIAL-GENERAL · permitted uses
I-2 INDUSTRIAL-GENERAL · Waipahu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waipahu. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Stories
1
Units
4
Bathrooms
12
Lot
1.07 ac
Current owner
From public records · entity-resolved
Nsi Leokane LLC
Entity
Free & Clear · 6 yrs held
Mailing address
307 LEWERS ST STE #600, HONOLULU, HI 96815-2364
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2020
$3,850,000
Nsi Leokane LLC
Jds Corp Purchase Money Plan
Grant Deed
—
May 15, 2020
—
Owner Jadsl C
Gulsons LLC
Grant Deed
related
—
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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