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Property profile & analytics
OFF-MARKET
Turn key restaurants
79705 Hwy 111 La Quinta, CA 92253-4756
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3620543
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2008
Construction
WOOD
Total area
7,000 SF
Lot
0.44 ac (19,166 SF)
Zoning code
RC
APN
600-440-001
UPID
US09-3620543
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
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mauritius Utilities LLC · 2 yrs held
Mauritius Utilities LLC
since 2023
Last sale
$26.4M
4 recorded transactions
Zoning & alternative use
RC · La Quinta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
9.30.040 - RC Cove Residential District. Share Link Print Download (docx) Email Compare Share Link to section Print section Download (Docx) of sections Email section Compare versions A. Purpose. To provide for the development and preservation of the medium density "cove" residential area with one (1)-story single-family detached dwellings on medium size lots…
Zone name
Cove Residential
General category
RESIDENTIAL
Zone area
954.68 ac
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs La Quinta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs La Quinta submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$23,670
Tax year 2024
Assessed value
$1,921,059
Assessed 2024
Previous assessed
$1,921,059
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$553,328
Assessed improvement
$1,367,731
Applied tax rate
20.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Total area
7,000 SF
Lot
0.44 ac (19,166 SF)
Zoning code
RC
APN
600-440-001
UPID
US09-3620543
Jurisdiction
RIVERSIDE
Zoning & alternative use
RC · La Quinta, CAZoning RC · permitted uses
RC · La Quinta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
9.30.040 - RC Cove Residential District. Share Link Print Download (docx) Email Compare Share Link to section Print section Download (Docx) of sections Email section Compare versions A. Purpose. To provide for the development and preservation of the medium density "cove" residential area with one (1)-story single-family detached dwellings on medium size lots, except as provided in Section 9.40.020 , "Conditions for varying residential densities." B. Permitted Uses.
Zone name
Cove Residential
General category
RESIDENTIAL
Zone area
954.68 ac
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.44 ac
Current owner
From public records · entity-resolved
Mauritius Utilities LLC
Entity
Mailing address
13274 FIJI WAY, MARINA DEL REY, CA 90292-7282
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
—
Mauritius Utilities LLC
—
Deed
related
$15,300,000 · Gsf Lender LLC
Nov 17, 2023
$26,400,000
Mauritius Utilities LLC
Csra Komar Desert Center St LLC
Grant Deed
$6,500,000 · Win Win Enterprises LLC
Jan 8, 2015
$23,788,000
Csra Komar Desert Center Dst Trust
P6k Portfolio Kdp LLC
Grant Deed
$17,055,000 · Cantor Com'l R/e Lndg
Jun 29, 2012
—
P6k Portfolio Kdp LLC
Komar Desert Properties LLC
Deed In Lieu Of Foreclosure
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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