Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Residential income homes
98-44 Kamehameha Hwy Aiea, HI 96701-5120
Entity Owned
5-yr Hold
Free & Clear
Property ID
US24-0226422
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,092 SF
Lot
0.12 ac (5,040 SF)
Zoning code
B-2
APN
1-9-8-022-086
UPID
US24-0226422
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
-
People Print Hawaii Car Rental Facility
-
Two Thumbs Tattoo Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$840k
Owner & transaction history
Katsumi Kazama Family Partners · 5 yrs held
Katsumi Kazama Family Partners
since 2020
7 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$205 / 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
$16,950
Tax year 2023
Assessed value
$1,403,000
Assessed 2024
Previous assessed
$1,403,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$579,600
Assessed improvement
$823,400
Land market value
$579,600
Improvement market value
$823,400
Total market value
$1,403,000
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Buildings
2
Stories
2
Units
1
Bathrooms
12
Total area
4,092 SF
Lot
0.12 ac (5,040 SF)
Zoning code
B-2
APN
1-9-8-022-086
UPID
US24-0226422
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
Building & site characteristics
From public records
Year built
1962
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Buildings
2
Units
1
Bathrooms
12
Lot
0.12 ac
Current owner
From public records · entity-resolved
Katsumi Kazama Family Partners
Entity
Free & Clear · 5 yrs held
Mailing address
99-128 AIEA HTS DR STE #605, AIEA, HI 96701-3983
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 18, 2020
—
Katsumi Kazama Family Partners
Fth Hawaii Properties INC
Grant Deed
related
—
May 7, 2020
—
Kanetake,wesley T Trust
Wesley T Kanetake
Quit Claim Deed
related
—
May 22, 2019
—
Wesley Tomoyoshi Kanetake
Wesley T Kanetake
Intrafamily Transfer
related
$400,000 · Central Pacific Bank
Apr 29, 2019
—
Kanetake,irene Y Trust
Kanetake Choki Trust
Correction Deed
related
—
Apr 10, 2019
—
Kanetake,choki Trust
Kanetake Choki Trust
Correction Deed
related
—
Mar 14, 2018
—
Kanetake,irene Y Trust
Kanetake Choki Trust
Quit Claim Deed
related
—
Sep 4, 2009
—
Kanetake Choki Trust
Kanetake Choki Trust
Quit Claim 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.
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?”
You own 98-44 Kamehameha Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
