City of La Quinta, CA (Adjacent to Indian Wells). The Indian Wells Tennis Gardens and its signature event, the BNP Paribas Open are less than a quarter mile away from the subject property
- Description: “Villa Capri East” consists of 12.74 acres and represents one of the few remaining infill development opportunities at this prime intersection of Washington Street & Fred Waring Drive, within the La Quinta and Indian Wells area. The entire 25.06-acre ownership is currently entitled for 10 one-story retail buildings (103,832 SF) on the western 12.32 acre parcel [adjacent], and 5 two-story medical office buildings (130,150 SF) on the eastern 12.74 acre parcel [subject]. However, other potential uses for the property could include conventional residential, multi-family, senior housing, or hospitality*. The subject site enjoys great visibility with over 70,000 car counts a day, and convenient access nearby to endless shopping, dining, and other amenities in the immediate area. *Per approval from the City of La Quinta. Owner and Broker make no reps and warranties that certain uses may or may not be available. Buyer to verify.