Cathedral City, CA
Commercial Real Estate Market Trends & Data

$421 Avg asking sale price
$122 Avg asking lease rate
9,384 SF Avg unit lease size
54,244 SF Avg building size for sale
6.01% Average cap rate

Cathedral City's Demographic Profile

Cathedral City has 20,113 households and a median income of $61,469, providing context for rent absorption and tenant demand across retail and multifamily assets. A +7% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 56,318
# Households 20,113
Median age 42
Median household income $61,469
Avg household size 3.0
Renter-occupied housing units 7,327
5-year population change +7%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Cathedral City, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Cathedral City $252 16,665 SF 7.23%
Rancho Mirage $329 9,782 SF 6.00%
Desert Hot Springs $332 3,844 SF 6.86%
Palm Springs $345 15,166 SF 7.23%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Cathedral City $334 19,546 SF 7.23%
Desert Hot Springs $187 228,364 SF 6.86%
Palm Springs $203 137,727 SF 7.23%
Nearby Retail Markets Avg Cost/SF Typical Size
Cathedral City $368 54,601 SF
Rancho Mirage $444 17,112 SF
Thousand Palms $637 19,969 SF
Desert Hot Springs $663 4,324 SF
Palm Springs $301 43,726 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Cathedral City $289 8,990 SF 6.00%
Rancho Mirage $255 9,490 SF 6.00%
Desert Hot Springs $315 3,781 SF 5.03%
Palm Springs $305 11,772 SF 8.38%
Palm Desert $370 3,986 SF 8.95%

Commercial Properties For Sale in Cathedral City

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

37250 Bankside Dr

Cathedral City, CA 92234

  • 6,680 SF Multifamily
  • 4.45% Cap Rate
  • $1,800,000
For Sale

72350 Quarry Trl

Thousand Palms, CA 92276

  • 7,500 SF Industrial Building
  • $1,773,750
For Sale

560 S Williams Rd

Palm Springs, CA 92264

  • 5,000 SF Flex Building
  • $1,550,000
For Sale

5 Single Family Homes & Pool on 1/2 Acre

Cathedral City, CA 92234

  • 7,990 SF Multifamily
  • 3.15% Cap Rate
  • $2,850,000
For Sale

66205 Paul Rd

Desert Hot Springs, CA 92240

  • 4,800 SF Retail Building
  • $2,250,000
For Sale

68440 Treasure Trl - Vacant Land

Cathedral City, CA 92234

  • 0.44 AC Lot
  • 1 Residential Income Lot
  • $525,000

Average Price For Sale

↻ Updated Monthly

Average Size For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Cathedral City pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Cathedral City $421 54,244 SF
Rancho Mirage $377 15,452 SF
Thousand Palms $419 36,400 SF
Desert Hot Springs $375 144,982 SF
Palm Springs $417 75,309 SF

Regional Demographic Comparison

This comparison places Cathedral City alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Cathedral City or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Cathedral City 56,318 20,113 42 $61,469 3 7,327 7%
Rancho Mirage 27,618 13,994 66 $101,327 2 2,569 14%
Thousand Palms 8,994 3,366 47 $56,904 3 811 7%
Desert Hot Springs 35,805 11,387 34 $42,924 3 5,618 6%
Palm Springs 67,335 35,943 58 $69,911 2 13,500 13%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Cathedral City, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Cathedral City

View All Commercial Real Estate For Sale in Cathedral City
Is Cathedral City a good market for a first-time commercial real estate investor?

Cathedral City offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Cathedral City?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Cathedral City. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Cathedral City?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Cathedral City. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Cathedral City compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Cathedral City. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Cathedral City acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Cathedral City, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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