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Date Palm Dr - 16.02 AC Retail/Commercial Land 16.02 Acres of Commercial Land Offered at $4,375,000 in Cathedral City, CA 92234
Investment Highlights
- Commercial land with frontage on three road and approx. 1,328 ft. of frontage on Date Palm
- Impressive traffic counts of 22,000 cars/day on Date Palm and 14,000 cars/day on 30th Ave
- Cathedral City has the second highest full-time population in the Coachella Valley
- Potential grocery store anchor tenant upon development via seller leaseback
- Great location 1 mile south of I-10. Minutes away from Palm Springs Airport, Agua Caliente Resort Casino and Mission Hills Country Club
- Cathedral City has a pro growth and business friendly environment
Executive Summary
- Commercial land with frontage on three road and approx. 1,328 ft. of frontage on Date Palm
- Potential grocery store anchor tenant upon development via seller leaseback
- Impressive traffic counts of 22,000 cars/day on Date Palm and 14,000 cars/day on 30th Ave
- Great location 1 mile south of I-10. Minutes away from Palm Springs Airport, Agua Caliente Resort Casino and Mission Hills Country Club
- Cathedral City has the second highest full-time population in the Coachella Valley
- Cathedral City has a pro growth and business friendly environment
- 100,000 year round west valley residents within 5-mile radius
- Potential grocery store anchor tenant upon development via seller leaseback
- Impressive traffic counts of 22,000 cars/day on Date Palm and 14,000 cars/day on 30th Ave
- Great location 1 mile south of I-10. Minutes away from Palm Springs Airport, Agua Caliente Resort Casino and Mission Hills Country Club
- Cathedral City has the second highest full-time population in the Coachella Valley
- Cathedral City has a pro growth and business friendly environment
- 100,000 year round west valley residents within 5-mile radius
Property Facts
| Price | $4,375,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 16.02 AC |
| Property Type | Land | ||
| Zoning | PCC - Planned Community Commercial | ||
| Price | $4,375,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 16.02 AC |
| Zoning | PCC - Planned Community Commercial |
1 Lot Available
Lot
| Price | $4,375,000 | Lot Size | 16.02 AC |
| Price Per AC | $273,096.13 |
| Price | $4,375,000 |
| Price Per AC | $273,096.13 |
| Lot Size | 16.02 AC |
1 1
Property Taxes
| Parcel Number | 678-160-022 | Improvements Assessment | $0 |
| Land Assessment | $3,500,000 | Total Assessment | $3,500,000 |
Property Taxes
Parcel Number
678-160-022
Land Assessment
$3,500,000
Improvements Assessment
$0
Total Assessment
$3,500,000
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Date Palm Dr - 16.02 AC Retail/Commercial Land
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