Financial
Distress signals
Property profile

78430 Highway 111 La Quinta, CA 92253

FOR LEASE
Turn key restaurants
Property ID
US09-1715851
7,000 SF 0.66 ac lot Built 2001
Last sale Apr 2023 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail space is located at the intersection of Washington Street and Highway 111 in La Quinta, California. The premises were carved from the existing Broken Yolk Café and provide approximately 2,000 to 2,500 square feet of retail/bar-area space. The unit is positioned for high vehicle and pedestrian traffic due to its location along Highway 111 and Washington Street. Based on the configuration of the former café, the space may include access to kitchen facilities that could support a bar-focused concept.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$39k
Tax billed · 2024
Assessed value$3.16M
Assessed land$632k
Assessed improvement$2.53M
Effective rate1.23%

Value estimate

· Sep 2026
$3.37M
$3.03M – $3.71M
AI approach$3.30M
Submarket $/SF estimate$3.57M
NOI build-up
Gross scheduled income$117k
Vacancy & credit loss−$8k
Operating expenses−$27k
NOI · 3,277,320.00% cap applied$82k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$621/SF
County average, outlier-cleaned · 244 recorded sales of this use type
Observed band · Q1–Q3$264 – $1,116
Qualifying comparables4

Cap rate analysis

How does the asset earn?
3,277,320.00%
$82k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CPS
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop23.2
Auto Parts Store18.9
Wholesale Shop18.6

Location

78430 Highway 111 La Quinta, CA 92253
County assessor Recorded deeds · 8 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
47150 Washington, La Quinta, CA 92253-2006 $3,400,000 Jun 2025 6,197 SF
79825 Hwy 111, La Quinta, CA 92253-6009 $26,400,000 Nov 2023 7,020 SF
79775 Hwy 111, La Quinta, CA 92253-4744 $26,400,000 Nov 2023 6,735 SF
79765 Hwy 111, La Quinta, CA 92253-4756 $26,400,000 Nov 2023 7,477 SF
79845 Hwy 111, La Quinta, CA 92253-4758 $26,400,000 Nov 2023 6,518 SF
78474 Hwy 111, La Quinta, CA 92253-2088 $2,100,000 Nov 2022 5,346 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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