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32421 Date Palm Dr

Cathedral City CA 92234

49657 sq. ft.
Land
Currently for sale - view listing

Overview

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 district Bring your investors, developers, and visionaries. Opportunities to assemble strategically positioned commercial land in this location are increasingly rare. Offered at $1,200,000.

Features

49657 sq. ft. lot size
Land

Property history for 32421 Date Palm Dr

2017
Sold
$235,000
22 Feb 2017 by William Taylor, of Shadow Hills Real Estate

Happy sellers in Cathedral City

<50%
Less than 50% of sellers in Cathedral City reported that their sale price either exceeded or met their price expectations.

Cathedral City stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Cathedral City over the last 12 months.

Local market activity for land plots in Cathedral City

In the last 12 months, 75 land plots similar to 32421 Date Palm Dr, have been sold.

This represents a 32% increase in land plots sales when compared to the previous 12 months.

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