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Property profile & analytics
OFF-MARKET
Estimated value
$21,995,000
Hotels
Nohonani St, Honolulu, HI 96815
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US24-0493414
Property profile
Verified
Property type
Hotels
Use group
HOTEL-RESORT
Lot
0.1 ac (4,510 SF)
Zoning code
APT. PRECI
APN
1-2-6-021-081
UPID
US24-0493414
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$22.00M
Owner & transaction history
Kuhio Properties LLC · 2 yrs held
Kuhio Properties LLC
since 2024
Last sale
$24.7M
7 recorded transactions
Zoning & alternative use
APT. PRECI · Honolulu, 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 Honolulu submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Honolulu 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
$16,605,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$22.00M
Range $19.80M – $24.19M · ±10% · vs last sale $24.69M (Nov 16 2023)
Last sale anchor
$24.69M
Nov 16 2023
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
—
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
$88,666
Tax year 2023
Assessed value
$6,940,900
Assessed 2024
Previous assessed
$6,306,800
+10.1% YoY
Effective rate
1.28%
On assessed value
Assessed land
$6,940,900
Land market value
$6,940,900
Total market value
$6,940,900
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
Hotels
Use group
HOTEL-RESORT
Status
Off-Market
Heating
NONE
Lot
0.1 ac (4,510 SF)
Zoning code
APT. PRECI
APN
1-2-6-021-081
UPID
US24-0493414
Jurisdiction
HONOLULU
Zoning & alternative use
APT. PRECI · Honolulu, HI
Zoning APT. PRECI · permitted uses
APT. PRECI · Honolulu, HI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Honolulu. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.1 ac
Current owner
From public records · entity-resolved
Kuhio Properties LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 28, 2024
—
Kuhio Properties LLC
Queen Emma Land Co
Assignment Of Lease (leasehold Sale)
$2,200,000 · Rakuten Bank Ltd
Dec 28, 2023
—
Kuhio Properties LLC
Sandbox Venture LLC
Assignment Of Lease (leasehold Sale)
$21,250,000 · Sandbox Venture LLC
Dec 28, 2023
$24,687,532
Kuhio Properties LLC
Sandbox Venture LLC
Ground Lease
related
$21,250,000 · Sandbox Venture LLC
Nov 16, 2023
$11,960,320
Sandbox Venture LLC
Queen Emma Land Co
Lease
—
Nov 16, 2023
$5,750,000
Queen Emma Land Co
Sandbox Venture LLC
Warranty Deed
—
Nov 16, 2023
—
2280 Kuhio Avenue Development LLC
2280 Kuhio Avenue Parking Lot LLC
Release/satis. Of Agrem. Of Sale (leasehold)
related
—
Jun 4, 2015
—
American Svgs Bk Fsb
Sandbox Venture LLC
Grant Deed
—
Jun 4, 2015
$3,169,940
Sandbox Venture LLC
2280 Kuhio Avenue Parking Lot
Warranty Deed
—
Oct 24, 2003
$1,760,200
2280 Kuhio Avenue Parking Lot
Outrigger Enterprises INC
Grant Deed
$6,000,000 · Legg Mason Real Estate Capital
Oct 24, 2003
—
Legg Mason Real Estate Capital
2280 Kuhio Avenue Development
—
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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