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68537 Grove Street

Cathedral City CA 92234

31363.2 sq. ft.
Land
Currently for sale - view listing

Overview

Outstanding vacant land development opportunity in the booming core of Cathedral City. This assemblage of five contiguous APNs, intended to be merged into a single parcel, offers an ideal site for a future 15-unit apartment project. Professional design plans and concept renders for the proposed building are included, providing a clear vision of the development potential and placing the project near ready for submittal to the Planning Department. Located within a designated Opportunity Zone, the property offers significant tax-advantaged investment benefits. The site is directly adjacent to The Jasper, a brand-new Class A development now under construction, and is just moments from the sought-after Cathedral City Cove community and the revitalized, fast-growing downtown district featuring new restaurants, retail, and entertainment. With excellent proximity to Highway 111 and major employment centers, this parcel delivers outstanding visibility, strong fundamentals, and exceptional long-term upside. This is a rare chance to build in one of booming Cat City's most active and desirable growth corridors.

Features

31363.2 sq. ft. lot size
Land

Happy sellers in Cathedral City

56%
56% of sellers in Cathedral City reported that their sale price either exceeded or met their price expectations.

Cathedral City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Cathedral City over the last 12 months.

Local market activity for land plots in Cathedral City

In the last 12 months, 90 land plots similar to 68537 Grove Street, have been sold.

This represents a 18% increase in land plots sales when compared to the previous 12 months.

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Sales:
(619) 566-0008
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