For Sale

Listed by Amie Arbid from Coldwell Banker Realty

Source: California Regional Multiple Listing Service, Inc #219140378

68538 A St, Cathedral City, CA, 92234

$1,630,000

30492 sq. ft.

Land

•

30+ days on the market

What's around 68538 A St

About this property

Outstanding vacant land development opportunity in the booming core of Cathedral City. This assemblage of five continuous APN's 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, proving 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.

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