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Property profile & analytics
OFF-MARKET
Land

0 Monroe St & 61 Ave La Quinta, CA 92274

30.32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 30.32-acre parcel in La Quinta, California, presents a unique development opportunity. Located at the intersection of Monroe Street and 61st Avenue, this approved gated community project boasts stunning Santa Rosa Mountain views. The property is zoned LDR (Low Density Residential) and features an approved Tentative Tract Map for 94 single-family lots, ranging from 8,380 to 16,236 square feet (average 9,694 sq ft). Its prime location directly adjoins the sold-out Trilogy at La Quinta active adult community, creating a synergistic market position. The site is unimproved and adjacent to Monroe Street, offering convenient access. Given La Quinta's strong market dynamics, including a rapidly growing population, high average household income ($104,281), and limited land availability, this project is poised to capitalize on significant demand. The property's potential extends beyond residential development

Property profile
Verified
Property type Land
Lot 30.32 ac (1,320,739 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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