Date Palm Dr
Cathedral City, CA 92234
11.49 AC Commercial Acreage · Land For Sale
·
11.49 AC
Investment Highlights
- POTENTIAL USES FOR MULTI-FAMILY, LOW-INCOME MF (IN HIGH-RESOURCE AREA), HOSPITALITY, OR SENIOR ASSISTED [PER CITY APPROVAL]
Property Facts
Description
DATE PALM DRIVE & ROSEMOUNT ROAD provides a commercial, multi-family, low-income/affordable, senior, or hospitality developer (uses per city approval), the opportunity to build in a rare infill location on the most prominent arterial streets in Cathedral City. Date Palm Drive connects to both I-10 to the north and Hwy. 111 to the south. The few remaining vacant and developable parcels in Cathedral City (adjacent and neighboring and mostly built-out Palm Springs) offer a selective opportunity to develop a medium or high density product. The city of Cathedral City is the second largest city in the Coachella Valley with a population of over 54,000 people and includes amenities such as the new Agua Caliente Casino, Cimarron Golf Course, Desert Princess Golf Resort, IMEX/Mary Pickford Theatre, Town Square on Hwy. 111, and the Big League Dreams Sports Park.
Property Taxes
| Parcel Number | 670-110-043 | Improvements Assessment | $0 |
| Land Assessment | $3,641,400 | Total Assessment | $3,641,400 |
Property Taxes
