32421 Date Palm Dr , Cathedral City, CA 92234
$1,200,000
Est. Payment: $6,355.99/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 8
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PS4103 - PS51543
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House Description

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

Highlights

Listed by Roxanna Nolan , (760) 534-8714 HomeSmart , (760) 844-7500. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
1.14

HOA Fee

Monthly

County

Riverside

Area

336 - Cathedral City South

Neighborhood

Not Applicable-1

Listing ID

219152743PS

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Principal Interest
$6,356
Taxes
$765
HOA
$0

Home Price

$1,200,000

Loan Details

30 yrs
6.952%

Down Payment

20%
$240,000
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:
$6,355.99

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,355.99 $765.00 $0.00 $7,120.99
Yearly $76,271.84 $9,180.00 $0.00 $85,451.84
Total $2,288,155.25 $275,400.00 $0.00 $2,563,555.25

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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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: 2026-09-23T13:02:28.000Z

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