47647 Caleo Bay DrLa Quinta, CA 92253

Property Details for 47647 Caleo Bay Dr

Year built

2007

Construction

WOOD

Lot size

3.20 AC

Property size (Sq ft)

42,000 SF

Zone code

CR

Property type

Medical offices

Property subtype

Medical centers

APN

643-200-004

APU

643200004

Description

This exceptional two-story medical office building in La Quinta, California, offers two available suites totaling 2,729 to 5,085 square feet within a 41,600-square-foot complex. The Class B building boasts a prime location with Washington Street frontage and convenient access to Highway 111, placing it near major retailers and serving a large patient base in La Quinta, Indio, and Coachella—over 226,800 patients within a 15-minute drive. The property features abundant surface parking, including covered stalls, with a 5.74/1000 parking ratio. One suite is a ready-to-use imaging center. Amenities include monument signage availability and generous tenant improvement allowances. The building benefits from institutional ownership and professional management, ensuring a stable and well-maintained environment. This is an ideal opportunity for medical professionals seeking a high-image facility in a thriving market. The address is 47647 Caleo Bay, La Quinta, CA 92253.

• CAP approach

  CAP return

  Valuation

  6%

  $11,543,298

  6.5%

  $10,655,352

  7%

  $9,894,256

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,367,745

  Geo Method

  $14,782,740

• Alternative Use

  Use

  Valuation

  Residential

  $13,212,637

  Hospitality

  $12,102,704

  Educational

  $10,069,308

  Medical

  $10,415,607

  Retail

  $15,663,368

Location Insight

City

La Quinta

County

Riverside

State

California

Latitude

33.7031

Longitude

-116.294

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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