new - 4 days on rocket

2LOTS E Palm Canyon Dr, Cathedral City, CA, 92234

$750,000

0.20 Acres
Land

Location

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Property Highlights

Home TypeOther
ViewMountain(s), Panoramic
MLS #219119707DA
Lot Size0.20 Acres
StatusActive

About 2LOTS E Palm Canyon Dr

An exceptional opportunity to acquire two contiguous commercial lots in the heart of Cathedral City, adjacent to the popular Agua Caliente Casino. These lots are located on the high-traffic E Palm Canyon Dr, offering exceptional visibility and accessibility in a rapidly growing area. These two contiguous lots with commercial zoning, ideal for a variety of business opportunities, including a fast-food location, retail store, or other commercial ventures. Just blocks away from the renowned Agua Caliente Casino, one of the region's most visited attractions, drawing significant foot traffic and visitors year-round. Close to new developments in the area, enhancing the overall growth potential for future businesses. This property offers a rare opportunity to develop in a high-demand, fast-growing market, with endless possibilities for commercial use. Whether you're looking to open a restaurant, retail store, or another type of business, this location has the exposure and accessibility you need for success. Buyer to verify all zoning, permits, and development options with the City of Cathedral City.

Property Details

Property Features

Listing Office:

  • Office Name: Harcourts Desert Homes
  • Office Phone: (760) 864-4100
  • Listing Agent: Declan Marmion

Exterior Features

Exterior Information:

  • View: Mountain(s), Panoramic

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Other

Directions Information:

  • Directions: E. Palm Canyon Dr (Hwy 111) between Cathedral Canyon Dr., & Glenn Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $750,000
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Housing Market Comparison

See how this home compares to others in Cathedral City, CA.

Med. Sold Price

$502.6K

Med. Price/SqFt

$298

Avg. Days On Market

58

# of Sold Homes

45

2LOTS E Palm Canyon Dr vs Cathedral City

4 DAYS ON ROCKET

-54 Days

$750,000

+$247.3K More

KEY TAKEAWAY

This property is $247.3K more than the Median Sold Price in Cathedral City, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #219119707DA

Listing Office:

  • Office Name: Harcourts Desert Homes
  • Office Phone: (760) 864-4100
  • Listing Agent: Declan Marmion

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 4:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-394908
5
/10
  • Cathedral City Elementary School

  • 69300 Converse Rd

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-394909
7
/10
  • Rancho Mirage Elementary School

  • 42-985 Indian Trail Rd

  • 3.06 miles

  • Public District Grades KG-5

school-card-donut-394910
8
/10
  • Sunny Sands Elementary School

  • 69310 McCallum Way

  • 3.44 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,037. Residents of Cathedral City, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2LOTS E Palm Canyon Dr

What is the listing price of this property?

The listing price of 2LOTS E Palm Canyon Dr property is $750,000.

What type of property is this?

The property 2LOTS E Palm Canyon Dr is land located in Cathedral City, California, 92234.

Is this property for sale now?

Active Listing: 2LOTS E Palm Canyon Dr is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 2LOTS E Palm Canyon Dr is 0.20 acres.
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Rocket HomesCaliforniaRiverside CountyCathedral City922342LOTS E Palm Canyon Dr

This home is located at 2LOTS E Palm Canyon Dr in Cathedral City, CA and zip code 92234. This home sits on a 0.20 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $750,000.

While more than 4 listings in Cathedral City, CA in October 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 30 were sold below. In October 2024 in Cathedral City, CA there were 13.5% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $502,666, while the average time on the real estate market was 58 days.

From Rocket Homes Real Estate and based on county public records data.

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