46700 Washington St, La Quinta, CA 92253
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
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.