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68280 CA Highway 111 - 68280 CA Highway 111 0.22 Acres of Commercial Land Offered at $349,000 in Cathedral City, CA 92234
Investment Highlights
- 9,583 SF commercial corner lot located at signalized intersection on major thoroughfare in Cathedral City
- Close proximity to Cathedral City Arts & Entertainment District, the new Agua Caliente Casino
- Located within an Opportunity Zone, with potential for tax incentives
- Fully improved with block wall, iron-rod fencing, and entry gate
- Impressive traffic counts of 34,420 AADT on Highway 111
- 4 miles away from Palm Springs Airport
Executive Summary
- 9,583 SF commercial corner lot located at signalized intersection on major thoroughfare in Cathedral City
- Fully improved with block wall, iron-rod fencing, and entry gate
- Close proximity to Cathedral City Arts & Entertainment District, the new Agua Caliente Casino
- Impressive traffic counts of 34,420 AADT on Highway 111
- Located within an Opportunity Zone, with potential for tax incentives
- 4 miles away from Palm Springs Airport
- Cathedral City has the second highest full-time population in the Coachella Valley
- Cathedral City is pro growth and business friendly
- 100,000 year round west valley residents within 5-mile radius
- Fully improved with block wall, iron-rod fencing, and entry gate
- Close proximity to Cathedral City Arts & Entertainment District, the new Agua Caliente Casino
- Impressive traffic counts of 34,420 AADT on Highway 111
- Located within an Opportunity Zone, with potential for tax incentives
- 4 miles away from Palm Springs Airport
- Cathedral City has the second highest full-time population in the Coachella Valley
- Cathedral City is pro growth and business friendly
- 100,000 year round west valley residents within 5-mile radius
Property Facts
| Price | $349,000 | Proposed Use | |
| Sale Type | Investment or Owner User | Total Lot Size | 0.22 AC |
| No. Lots | 1 | Cross Streets | Bankside |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | PCC | ||
| Price | $349,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.22 AC |
| Cross Streets | Bankside |
| Opportunity Zone |
Yes |
| Zoning | PCC |
1 Lot Available
Lot
| Price | $349,000 | Lot Size | 0.22 AC |
| Price Per AC | $1,586,363.64 |
| Price | $349,000 |
| Price Per AC | $1,586,363.64 |
| Lot Size | 0.22 AC |
1 1
Somewhat walkable
30/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 687-311-029 | Improvements Assessment | $23,209 |
| Land Assessment | $117,317 | Total Assessment | $140,526 |
Property Taxes
Parcel Number
687-311-029
Land Assessment
$117,317
Improvements Assessment
$23,209
Total Assessment
$140,526
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68280 CA Highway 111 - 68280 CA Highway 111
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