Back to Search
Property profile & analytics
FOR SALE
Parking lots & garages
98-1005 Moanalua Rd Aiea, HI 96701
Individually Owned
7-yr Hold
Free & Clear
Property ID
US24-0183809
For Sale
1 / 10
$195,000
98-1005 Moanalua Rd, Aiea, HI 96701
View Listing →
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1991
Total area
233,631 SF
Lot
3.59 ac (156,573 SF)
Zoning code
B-2
APN
1-9-8-016-037
UPID
US24-0183809
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
-
Torrid Clothing & Fashion Store
-
Pipe Dreams Lifestyle Clothing Store
-
Subway Take-out & Catering
-
Island Piano Studio, Hawaii Tutoring Service Training Center
-
Jeans Warehouse Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$1.05M
Owner & transaction history
Pali Momi Medical Center · 7 yrs held
Pali Momi Medical Center
since 2018
6 recorded transactions
Zoning & alternative use
B-2 · Aiea, 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 Aiea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Aiea 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
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
PARKING LOT
$1,720,000
Current use
Blend value · Realmo final
$1.05M
Range $941k – $1.15M · ±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
$4 / 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
$396,900
Tax year 2023
Assessed value
$37,515,700
Assessed 2024
Previous assessed
$37,090,100
+1.1% YoY
Effective rate
1.06%
On assessed value
Assessed land
$17,457,700
Assessed improvement
$20,058,000
Land market value
$17,457,700
Improvement market value
$20,058,000
Total market value
$37,515,700
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
For Sale
Year built
1991
Heating
NONE
Buildings
3
Stories
1
Bathrooms
13
Total area
233,631 SF
Lot
3.59 ac (156,573 SF)
Zoning code
B-2
APN
1-9-8-016-037
UPID
US24-0183809
Jurisdiction
HONOLULU
Zoning & alternative use
B-2 · Aiea, HIZoning B-2 · permitted uses
B-2 · Aiea, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
PARKING LOT Current
Est. value
$1.7M
PARKING LOT Current
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
1991
Heating
NONE
Stories
1
Buildings
3
Bathrooms
13
Lot
3.59 ac
Current owner
From public records · entity-resolved
Pali Momi Medical Center
Individual
Free & Clear · 7 yrs held
Mailing address
PO BOX 3466, HONOLULU, HI 96801-3466
Ownership since
2018
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
Oct 1, 2018
$8,948,113
Pali Momi Medical Center
Bre Of Pearlridge LLC
Grant Deed
—
Nov 1, 2010
—
Bre Of Pearlridge LLC
Watercress Associates LP Lllp
Trustees Deed
$175,000,000 · Morgan Stanley Mtg Cap Holding
Nov 1, 2010
$203,237,299
Bre Of Pearlridge LLC
Watercress Associates LP Lllp
Grant Deed
—
Sep 24, 2004
$191,700
Record Owner
Owner,record
Grant Deed
related
—
Sep 24, 2004
$599,100
Record Owner
Owner,record
Grant Deed
related
—
—
—
Bre Of Pearlridge LLC
—
Deed Of Trust
related
$225,000,000 · German Am Cap
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
