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    OFF-MARKET
    Land

    0 Ave 62 & Madison St, La Quinta, CA 92253

    9.21 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 9.21-acre property in La Quinta, California, presents a unique opportunity. Located at the intersection of N Ave 62 and Madison St (APN 764-280-005, 006), this land boasts breathtaking views of the Santa Rosa Mountains. Zoned RL (Low Residential, 2-4 du/ac) with a Low Density Agricultural - Equestrian Overlay, the property offers versatility for various development possibilities. Its advantageous location places it adjacent to Trilogy at La Quinta, a thriving 1,200+ home active-adult community, ensuring a desirable neighborhood setting. Enjoy the tranquility of an open country atmosphere while remaining conveniently close to all amenities. The property's proximity to renowned equestrian estates and high-end country clubs, including Madison Club, Andalusia Country Club, PGA West, The Palms, and Hideaway, adds to its prestige. Furthermore, its location just four miles from Empire and El Dorado Polo Fields, the home of Coachella and Stagecoach Music Festivals, provides exceptional access to world-class entertainment and events. The asking price for this remarkable property is $2,022,750. This is an exceptional investment opportunity in a highly sought-after area of Riverside County, CA, zip code 92253.

    Property profile
    Verified
    Property type Land
    Lot 9.21 ac (401,188 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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