Financial
Distress signals
Property profile

78982 Hwy 111 La Quinta, CA 92253

OFF-MARKET
Strip malls
Property ID
US09-2256421
10,580 SF 1.32 ac lot Built 2005
Last sale Jun 2022 · $18,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A freestanding retail property in La Quinta, California, within the Coachella Valley MSA, situated on a 1.32-acre parcel and containing three retail suites with a combined total of 10,500 square feet. The existing tenant mix has included Mattress Firm, AT&T, and Brother’s Nails & Lashes. The suites have been leased under net lease structures, with historical lease provisions that included scheduled rental increases in the 3% to 10% range.

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?
$44k
Tax billed · 2024
Assessed value$3.57M
Assessed land$910k
Assessed improvement$2.66M
Effective rate1.24%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$861/SF
County average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$212 – $1,778
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Shop15.6
Wholesale Shop14.7
Law Firm14.5

Location

78982 Hwy 111 La Quinta, CA 92253-8845
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog · not on file

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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
79785 Hwy 111, La Quinta, CA 92253-4765 $26,400,000 Nov 2023 9,544 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
79845 Hwy 111, La Quinta, CA 92253-4758 $26,400,000 Nov 2023 6,518 SF
78720 Hwy 111, La Quinta, CA 92253-2044 $11,500,000 Jun 2022 10,704 SF
78860 Hwy 111, La Quinta, CA 92253 $11,500,000 Jun 2022 19,600 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 78982 Hwy 111?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message