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    OFF-MARKET
    Land

    46700 Washington St, La Quinta, CA 92253

    1.1 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 1.1 ac (47,916 SF)
    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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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