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Property profile & analytics
FOR LEASE
Commercial real estate
94-235 Leoku St Waipahu, HI 96797
Individually Owned
1-yr Hold
Free & Clear
Property ID
US24-0323005
For Lease
$6,920,000
94-235 Leoku St, Waipahu, HI 96797
View Listing →
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Construction
CONCRETE
Total area
35,556 SF
Lot
3.35 ac (145,723 SF)
Zoning code
BMX-3
APN
1-9-4-047-030
UPID
US24-0323005
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
-
Occupational Health Services: Nishimura Gwendolyn Y MD Physician
-
Peter D. Caldwell, MD Physician Medical Clinic
-
Occupational Health Services Occupational Health Service
-
Potters house Waipahu Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$9.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.92M
Owner & transaction history
Cornerstone Christian Fellowship Ch · 1 yrs held
Cornerstone Christian Fellowship Ch
since 2024
3 recorded transactions
Zoning & alternative use
BMX-3 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,220,000
6.5%
$9,435,000
7%
$8,760,000
Blend value · Realmo final
$6.92M
Range $6.23M – $7.61M · ±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
$195 / 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
$100,760
Tax year 2023
Assessed value
$16,774,700
Assessed 2024
Previous assessed
$16,774,700
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$9,669,100
Assessed improvement
$7,105,600
Land market value
$9,669,100
Improvement market value
$7,105,600
Total market value
$16,774,700
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
For Lease
Year built
1970
Construction
CONCRETE
Heating
NONE
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
12
Total area
35,556 SF
Lot
3.35 ac (145,723 SF)
Zoning code
BMX-3
APN
1-9-4-047-030
UPID
US24-0323005
Jurisdiction
HONOLULU
Zoning & alternative use
BMX-3 · Waipahu, HIZoning BMX-3 · permitted uses
BMX-3 · Waipahu, 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
1970
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
2
Units
1
Bathrooms
12
Lot
3.35 ac
Current owner
From public records · entity-resolved
Cornerstone Christian Fellowship Ch
Individual
Free & Clear · 1 yrs held
Mailing address
PO BOX 970065, WAIPAHU, HI 96797-0065
Ownership since
2024
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
Sep 18, 2024
—
Cornerstone Christian Fellowship Ch
J L P Robinson LLC
Lease
—
Dec 7, 2023
—
Cornerstone Christian Fellowship Ch
J L P Robinson LLC
Lease
—
Sep 28, 2022
—
Cornerstone Christian Fellowship Ch
Kaiser Foundation Health Plan INC
Sub Lease
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.
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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