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Property profile & analytics
OFF-MARKET
Industrial properties
94-340 Ukee St Ste 5, Waipahu, HI 96797-4482
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US24-0278485
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1993
Construction
STEEL FRAME
Total area
1,025 SF
Zoning code
U/42/40
APN
1-9-4-127-010-0005
UPID
US24-0278485
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ryan Masao Watanabe · 3 yrs held
Ryan Masao Watanabe
since 2022
Last sale
$350,000
6 recorded transactions
Zoning & alternative use
U/42/40 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,251
Tax year 2023
Assessed value
$367,800
Assessed 2024
Previous assessed
$342,800
+7.3% YoY
Effective rate
1.16%
On assessed value
Assessed land
$258,600
Assessed improvement
$109,200
Land market value
$258,600
Improvement market value
$109,200
Total market value
$367,800
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1993
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
13
Total area
1,025 SF
Zoning code
U/42/40
APN
1-9-4-127-010-0005
UPID
US24-0278485
Jurisdiction
HONOLULU
Zoning & alternative use
U/42/40 · Waipahu, HI
Zoning U/42/40 · permitted uses
U/42/40 · 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
1993
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
13
Current owner
From public records · entity-resolved
Ryan Masao Watanabe
Individual
Mailing address
46-020 HEEIA ST, KANEOHE, HI 96744-3601
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2022
$350,000
Ryan Masao Watanabe
Joy H Fukumitsu
Deed
$262,500 · Finance Factors Ltd
Dec 29, 2015
—
Fukumitsu,joy H Trust
Mn Watanabe Family LP
Quit Claim Deed
—
Dec 19, 2014
—
Fukumitsu,joy H Trust|watanabe,laurie M Trust
Watanabe Nobuko Trust
Quit Claim Deed
related
—
Feb 9, 2011
—
Watanabe Nobuko Trust
Watanabe Nobuko Trust
Quit Claim Deed
related
—
Jul 27, 2010
$110,000
Mn Watanabe Family LP
Watanabe Masaichi Trust
Grant Deed
—
Aug 31, 1999
$200,000
Masaichi Watanabe
Ginoza Trust
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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