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    46700 Washington St La Quinta, CA 92253

    Sponsored
    For Sale
    $1,442,160

    Prime 1.1-acre restaurant pad, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1.1-acre parcel in La Quinta, California, presents a unique opportunity for restaurant development. Located at 46700 Washington St, zip code 92253, in Riverside County, this property is ideally situated for a single-tenant restaurant. The site has already undergone significant preparation, including rough grading, utility installation to the parcel, and the construction of a parking lot and perimeter landscaping. A grease trap is also in place. Importantly, the sale includes a reimbursement of $307,180 for previously paid sitework and development fees, representing a substantial cost savings for the buyer. This translates to a significant advantage in project budgeting and timeline. The property is zoned for single-tenant restaurant use only

    Property Features for 46700 Washington St

    General Information

    Property type
    Land
    Lot Size
    47,916 SF

    HighLights

    • Single‑tenant restaurant use only.
    • No drive‑thru permitted.
    • Site is rough‑graded with utilities in place.
    • Parking lot, perimeter landscaping, and grease trap installed.
    • All Tumf fees paid.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    La Quinta
    County
    Riverside
    State
    California
    Longitude
    -116.2895173
    Latitude
    33.6562975

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    FAQs

    What type of property is this?
    Land - Prime 1.1-acre restaurant pad, ready to build.
    Where is this land located?
    The property is located at 46700 Washington St La Quinta, CA.
    What is the asking price?
    The asking price for this property is $1,442,160.
    What are key features of this property?
    This property features: Single-tenant restaurant use only.; No drive-thru permitted.; Site is rough-graded with utilities in place.
    (760) 772-6400
    Request Owner's contact information
    46700 Washington St La Quinta, CA 92253
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    La Quinta, CA 92253
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    46700 Washington St La Quinta, CA 92253
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