$2,000,000
68599 Palm Canyon - Vacant Land DR Cathedral City, CA 92234
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$2,000,000
Est. payment /mo
2,613 Sqft Lot
Active
68599 Palm Canyon - Vacant Land DR Cathedral City, CA 92234
UPDATED:
11/11/2024 12:36 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219119708DA
HOA Y/N Yes
Lot Size 2,613 Sqft
Property Description
Commercially Zoned Development Opportunity in Prime Cathedral City Location. An exceptional opportunity to acquire and develop six lots in a rapidly growing area of Cathedral City. The property includes: Two lots located on the high-traffic E Palm Canyon Dr, offering visibility and accessibility. Four additional lots located directly behind on Cove Lane, providing ample space for development. This prime location is just blocks away from the renowned Agua Caliente Casino and other exciting new developments, making it a highly attractive area for future growth. With the City of Cathedral City showing interest in potentially closing off Cove Lane, there's added flexibility for innovative development, such as a live-work-play building concept or other commercial ventures. The buyer is advised to conduct their own due diligence to verify all zoning, potential uses, and future development plans.
Location
State CA
County Riverside
Area 336 - Cathedral City South
Interior
Fireplace No
Exterior
View Y/N Yes
View Mountain(s), Panoramic, Peek-A-Boo
Building
Sewer Unknown
Others
Senior Community No
Tax ID 687193009
Acceptable Financing Cash to New Loan, Submit
Listing Terms Cash to New Loan, Submit
Special Listing Condition Standard
Listed by Declan Marmion • Harcourts Desert Homes