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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Warehouses
99-927 Iwaena St, Aiea, HI 96701-3284
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US24-0089021
Property summary
AI-generated overview
This exceptional Aiea industrial property offers 2,080 square feet of warehouse space, perfect for a single tenant seeking a functional and efficient operation. The building features a convenient mezzanine office area, providing valuable additional space for administrative tasks or storage. A private restroom is included for employee convenience. The property boasts three reserved parking stalls directly in front of the warehouse, ensuring easy access and ample parking for staff and visitors. A single drive-in bay simplifies loading and unloading operations, enhancing efficiency and streamlining workflow. The warehouse is zoned I-2, offering flexibility for a variety of industrial uses. The vacant space totals 1,818 square feet, providing ample room for operations. This property is located at 99-927 Iwaena St, Aiea, HI 96701, offering a strategic location within the Aiea industrial area. The property's design and features make it an ideal choice for businesses seeking a well-maintained and functional warehouse space in a convenient location. This is a rare opportunity to secure a single-tenant warehouse in a desirable area.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1981
Total area
5,800 SF
Lot
0.46 ac (20,004 SF)
Zoning code
I-2 INDUSTRIAL-GENERAL
APN
1-9-9-072-029
UPID
US24-0089021
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
-
TUNED BY TEN LLC Motorcycle Shop
-
SRG Fires Services Inc General Contractor Security Service
-
campania lures (Bike/Boat/Book/etc) Store
-
State Termite & Pest Control Garden Center
-
Kazu's Electrical Inc Electrical Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$577k
Blend (final)
Blend
$635k
Owner & transaction history
Pbck&r Holding Company LLC · 4 yrs held
Pbck&r Holding Company LLC
since 2021
Last sale
$25,000
5 recorded transactions
Zoning & alternative use
I-2 INDUSTRIAL-GENERAL · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$405,000
Current use
Blend value · Realmo final
$635k
Range $572k – $699k · ±10% · vs last sale $25k (Dec 30 2021)
Last sale anchor
$25k
Dec 30 2021
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
$109 / 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
$30,170
Tax year 2023
Assessed value
$2,460,100
Assessed 2024
Previous assessed
$2,460,100
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,862,300
Assessed improvement
$597,800
Land market value
$1,862,300
Improvement market value
$597,800
Total market value
$2,460,100
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
1981
Heating
NONE
Buildings
2
Stories
1
Units
1
Bathrooms
13
Total area
5,800 SF
Lot
0.46 ac (20,004 SF)
Zoning code
I-2 INDUSTRIAL-GENERAL
APN
1-9-9-072-029
UPID
US24-0089021
Jurisdiction
HONOLULU
Zoning & alternative use
I-2 INDUSTRIAL-GENERAL · Aiea, HI
Zoning I-2 INDUSTRIAL-GENERAL · permitted uses
I-2 INDUSTRIAL-GENERAL · Aiea, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Aiea. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$405,000
WAREHOUSE, STORAGE 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
1981
Heating
NONE
Stories
1
Buildings
2
Units
1
Bathrooms
13
Lot
0.46 ac
Current owner
From public records · entity-resolved
Pbck&r Holding Company LLC
Entity
Free & Clear · 4 yrs held
Mailing address
615 PIIKOI ST STE #701, HONOLULU, HI 96814-3140
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$25,000
Pbck&r Holding Company LLC
Cora Sayoko Lugo
Assignment Of Lease (leasehold Sale)
—
Oct 17, 2019
—
Tasaki,edwin N Trust
Edwin N Tasaki
Quit Claim Deed
—
Jan 9, 2014
$618,240
Edwin N Tasaki
Queen Emma Land Co
Grant Deed
—
May 24, 2001
—
First Hawaiian Bank
Edwin N Tasaki
—
related
—
—
—
Edwin N Tasaki
—
Deed Of Trust
related
$375,000 · First Hawaiian 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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