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Property profile & analytics
OFF-MARKET
Estimated value
$580,000
Retail space
Limahana Pl Lahaina, HI 96761
Entity Owned
6-yr Hold
Free & Clear
Property ID
US24-0487527
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,940 SF
Lot
0.37 ac (15,910 SF)
Zoning code
M-1
APN
4-5-007-040
UPID
US24-0487527
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
$715k
Comparable Approach
Comparable
$698k
Blend (final)
Blend
$580k
Owner & transaction history
Gulsons Lahaina LLC · 6 yrs held
Gulsons Lahaina LLC
since 2019
6 recorded transactions
Zoning & alternative use
M-1 · Lahaina, 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 Lahaina submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lahaina 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%
$770,000
6.5%
$715,000
7%
$660,000
Alternative Use
Use
Estimation
RETAIL STORES
$935,000
Current use
COMMERCIAL (GENERAL)
$920,000
Change: -1% · Conversion: Easy
OFFICE BUILDING
$845,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$580k
Range $522k – $638k · ±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
$299 / 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
$16,322
Tax year 2023
Assessed value
$2,315,100
Assessed 2023
Previous assessed
$2,031,700
+13.9% YoY
Effective rate
0.71%
On assessed value
Assessed land
$739,800
Assessed improvement
$1,575,300
Land market value
$739,800
Improvement market value
$1,575,300
Total market value
$2,315,100
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
1
Bathrooms
13
Total area
1,940 SF
Lot
0.37 ac (15,910 SF)
Zoning code
M-1
APN
4-5-007-040
UPID
US24-0487527
Jurisdiction
MAUI
Zoning & alternative use
M-1 · Lahaina, HIZoning M-1 · permitted uses
M-1 · Lahaina, 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
RETAIL STORES Current
Est. value
$935,000
COMMERCIAL (GENERAL)
Est. value
$920,000
OFFICE BUILDING
Est. value
$845,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1992
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
NONE
Stories
2
Units
1
Bathrooms
13
Lot
0.37 ac
Current owner
From public records · entity-resolved
Gulsons Lahaina LLC
Entity
Free & Clear · 6 yrs held
Mailing address
307 LEWERS ST FL #6, HONOLULU, HI 96815-2364
Ownership since
2019
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
Nov 7, 2019
$2,792,335
Gulsons Lahaina LLC
Patricia D Losberg
Quit Claim Deed
related
—
Dec 17, 2018
—
Patricia D Losberg
Losberg,josef A
Quit Claim Deed
related
—
Oct 20, 2014
—
Patricia D Losberg
Losberg,patricia D
Quit Claim Deed
related
—
Dec 30, 2010
$629,080
Patricia D Losberg
Minds Eye Interiors INC
Grant Deed
—
Dec 30, 2010
$640,920
Josef A Losberg
Minds Eye Interiors INC
Grant Deed
—
Jan 30, 2004
$3,100,000
Hawaii Omori Corp
—
Grant 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.
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