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68280 E Palm Canyon , Cathedral City, CA 92234
$299,000
Est. Payment: $1,551.45/mo
0.22 Acres
Status: active | Days on site: 37
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E2009 - EVSARRALA,EVDYEANDR
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Chris Heller
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House Description

Position your business or next investment along one of the Coachella Valley’s most traveled corridors. This 9,583 SF commercial corner lot sits prominently at E Palm Canyon Drive and Bankside Drive, offering excellent visibility at a signalized intersection in the heart of Cathedral City. The property is already improved with a block wall, iron fencing and gated access, with water, sewer and utilities available in the street. Zoned CBP-2, the site offers flexibility for a variety of potential commercial, retail and investment uses, creating an opportunity for an owner-user, developer or investor to capitalize on a highly visible Highway 111 location. The property is also located within an Opportunity Zone, offering potential tax advantages for qualifying investments. Just minutes from Cathedral City’s Arts & Entertainment District, Agua Caliente Casino Cathedral City and approximately four miles from Palm Springs International Airport, the property benefits from strong year-round traffic and continued investment throughout the west valley. A well-positioned commercial parcel with visibility, access and infrastructure already in place, ready for its next chapter.
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Highlights

Listed by Alan Sarrail , 7606013000 and Andrew Dye , 760-799-7187 KELLER WILLIAMS-LA QUINTA , 760-601-3000. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale
Lot/Acreage
0.22

Year Built

1974

County

Riverside

Area

336 - Cathedral City South

Listing ID

IG26213965

Questions about this listing?

Contact Agent

Interior Features

Water:See Remarks

Exterior Features

Lot:Irregular Lot,Value In Land,No Land Lease
Zoning:C-P-S
Roof:None
Principal Interest
$1,551
Taxes
$191

Home Price

$299,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$59,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,551.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,551.45 $190.61 $0.00 $1,742.06
Yearly $18,617.36 $2,287.35 $0.00 $20,904.71
Total $558,520.79 $68,620.50 $0.00 $627,141.29

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Cathedral City, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T21:34:20.000Z

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