Financial
Distress signals
Property profile

78772 Hwy 111 La Quinta, CA 92253

OFF-MARKET
Turn key restaurants
Property ID
US09-1151861
6,239 SF 0.56 ac lot Built 2004
Last sale Jun 2022 · $18,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located in La Quinta, California within the Coachella Valley MSA, this commercial site sits on a 0.56-acre parcel and is improved with a two-tenant, freestanding pad configured as two separate suites totaling 5,832 square feet. The property was constructed in 2026 and is built as a new-construction development with modern design and associated site amenities. The layout supports occupancy by two distinct restaurant tenants, with each tenant space operated under a net-lease structure and…

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?
$31k
Tax billed · 2024
Assessed value$2.53M
Assessed land$510k
Assessed improvement$2.02M
Effective rate1.23%

Value estimate

· Sep 2026
$7.97M
$7.17M – $8.76M
AI approach$9.79M

Realmo valuation models over county records and 8 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 comparables8

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: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop14.3
Auto Repair Shop14.2
Auto Parts Store13.8

Location

78772 Hwy 111 La Quinta, CA 92253-2044
County assessor Recorded deeds · 7 transfers 8 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 · 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
79845 Hwy 111, La Quinta, CA 92253-4758 $26,400,000 Nov 2023 6,518 SF
79775 Hwy 111, La Quinta, CA 92253-4744 $26,400,000 Nov 2023 6,735 SF
79825 Hwy 111, La Quinta, CA 92253-6009 $26,400,000 Nov 2023 7,020 SF
78430 Hwy 111, La Quinta, CA 92253-2065 $3,100,000 Apr 2023 7,000 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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