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Property profile & analytics
OFF-MARKET
Estimated value
$2,090,000
Warehouses
96-1209 Waihona St, Pearl City, HI 96782-1969
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US24-0169347
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1977
Construction
STEEL FRAME
Total area
6,000 SF
Lot
0.49 ac (21,220 SF)
Zoning code
I-1 INDUSTRIAL-LIMITED
APN
1-9-6-007-007
UPID
US24-0169347
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
-
A American Custom Flooring Inc General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.47M
Comparable Approach
Comparable
$1.83M
Blend (final)
Blend
$2.09M
Owner & transaction history
Cbcc Propeties LLC · 1 yrs held
Cbcc Propeties LLC
since 2025
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
I-1 INDUSTRIAL-LIMITED · Pearl City, HI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+72.2%
Apartment house (5+ units)
$2.5M
+63.1%
Industrial (general)
$2.4M
+62.1%
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 Pearl City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pearl City 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%
$1,595,000
6.5%
$1,470,000
7%
$1,365,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,505,000
Current use
COMMERCIAL (GENERAL)
$2,590,000
Change: +72% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,455,000
Change: +63% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,440,000
Change: +62% · Conversion: Easy
Blend value · Realmo final
$2.09M
Range $1.88M – $2.30M · ±10% · vs last sale $2.53M (Jan 14 2025)
Last sale anchor
$2.53M
Jan 14 2025
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
$348 / 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
$27,106
Tax year 2023
Assessed value
$2,193,100
Assessed 2024
Previous assessed
$2,193,100
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,845,500
Assessed improvement
$347,600
Land market value
$1,845,500
Improvement market value
$347,600
Total market value
$2,193,100
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
1977
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
12
Total area
6,000 SF
Lot
0.49 ac (21,220 SF)
Zoning code
I-1 INDUSTRIAL-LIMITED
APN
1-9-6-007-007
UPID
US24-0169347
Jurisdiction
HONOLULU
Zoning & alternative use
I-1 INDUSTRIAL-LIMITED · Pearl City, HI
Zoning I-1 INDUSTRIAL-LIMITED · permitted uses
I-1 INDUSTRIAL-LIMITED · Pearl City, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pearl City. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1977
Construction
STEEL FRAME
Heating
NONE
Stories
1
Units
1
Bathrooms
12
Lot
0.49 ac
Current owner
From public records · entity-resolved
Cbcc Propeties LLC
Entity
Mailing address
91-544 AWAKUMOKU ST, KAPOLEI, HI 96707-1841
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Apr 14, 2025
$2,525,000
Cbcc Propeties LLC
Aloha Shoyu Company Ltd
Warranty Deed
—
Apr 14, 2025
—
American Savings Bank Fsb
Cbcc Properties LLC
Deed
$1,950,000 · American Savings Bank Fsb
Sep 22, 2020
—
Aloha Shoyu Company Ltd
—
Deed
related
$5,631,056 · First Hawaiian Bank
May 12, 2004
—
Aloha Shoyu Co
—
Deed Of Trust
related
$3,000,000 · Bank Of Hawaii
Jun 30, 1998
$1,123,000
Aloha Shoyu Co Limited
Fujimoto,sumie & Clifford T
Grant Deed
$1,033,000 · Bank Of Hawaii
—
—
Aloha Shoyu Co
—
Deed Of Trust
related
$1,305,441 · Wells Fargo Bank
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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