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$ 1,200,000
Est. payment | /mo
1.14 Acres Lot
$ 1,200,000
Est. payment | /mo
1.14 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219152743PS
HOA Y/N Yes
Lot Size 1.140 Acres
Property Description
RARE DEVELOPMENT OPPORTUNITY WITH PRIME DATE PALM DRIVE FRONTAGE! Exceptional commercial land opportunity in the heart of Cathedral City's established business district. This strategically located property offers excellent visibility and exposure along Date Palm Drive, directly across from Applebee's and adjacent to AutoZone, providing a highly desirable location for future development.The offering includes three parcels: APNs 680-292-026, 680-292-015 and 680-292-025. The Date Palm Drive frontage lots are approximately 0.47 acres, with an additional Rancho Vista parcel of approximately 0.67 acres. The parcels present an opportunity to assemble a larger development footprint and create a cohesive commercial project with prominent street presence.Located within the Planned Commercial Community (PCC) designation, the property offers exciting potential for a variety of development concepts, including a neighborhood shopping center, retail, restaurants, professional services, or multifamily residential, subject to City approval, zoning, entitlements, and applicable development regulations.Imagine a beautifully designed strip center serving the surrounding Cathedral City community, with retail, dining, and service-oriented businesses benefiting from the property's visibility and proximity to established national and local businesses. The parcels may also provide an opportunity for a thoughtfully planned residential community, subject to approvals.Excellent location Major street frontage Strong visibility Multiple parcels Development potential Established business districtBring your investors, developers, and visionaries. Opportunities to assemble strategically positioned commercial land in this location are increasingly rare.Offered at $1,200,000.
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Inclusions The offering includes three parcels: APNs 680-292-026, 680-292-015 and 680-292-025
Fireplace No
Exterior
View Y/N Yes
View Mountain(s)
Others
Senior Community No
Tax ID 680292026
Acceptable Financing Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Roxanna Nolan HomeSmart #02031774
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