Check Availability
$1,200,000
● Land - For Sale

32421 Date Palm Drive

Cathedral City, CA 92234
bedrooms
Studio
bathrooms
0 Bath
$5,893
Est. Monthly

About This Property

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.
Unit Size
-
Days on Market
38 days
Land Size
1.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1959

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Last updated: 2 months ago (CRMLS #219152743PS)

Price History

Date / Event Date Event Price
Nov 17, 2021 Listed by HomeSmart $1,200,000
Listed by HomeSmart
Feb 22, 2017 Sold
Sold
Jan 10, 2016 Listed by Shadow Hills Real Estate $249,900
Listed by Shadow Hills Real Estate
COMMERCIAL LAND with small residential home on two Date Palm Frontage Lots. Across from Applebee's. This offering includes a single family home currently rented for $850/ month and the adjoining vacant lot to the south. The home will likely need to be removed for any type of commercial development.The property to the north could also be added to this package as well as the corner property which is also on the market. With all the properties put together it would make a very nice strip center in the heart of the Cathedral City business​​‌​​​​‌​​‌‌​​‌​​​‌‌​‌​​​​‌‌​​‌​​​‌‌​‌​​ district.

Property Highlights

Exterior Details
Lot Size Area: 49657
Lot Size Units: Square Feet
Lot Size Acres: 1.14
Lot Size Square Feet: 49657

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 360
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 1,000
  • Gross Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,000
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RANCHO VISTA ESTATES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: CR
  • State Land Use Code: R03
  • Legal Description 1: .23 ACRES M/L IN POR LOT 36 MB 021/079 RANCHO VISTA ESTATES

Neighborhood

  • School District Name: Palm Springs Unified School District
  • Census Tract: 044933

Zoning

  • Zoning: PCCS

Geography

  • Parcel: 680-292-026
  • Lot: 36
  • Municipality: CATHEDRAL CITY
  • Latitude: 33.8129
  • Longitude: -116.458

    Address

  • Full Address: 32421 Date Palm Dr
  • Address - House Number: 32421
  • Address - Street Name: Date Palm
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Cathedral City
  • Carrier Code: C055
  • 4-Digit Zip Code: 4314
  • Zip Code: 92234

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $298,858
  • Initial Tax Delinquent Year: 2018
  • Tax Rate Code Area: 019-013

    Appraisal Valuation

  • Standard Deviation: 0.0759
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 94
  • Final Value: 298,223
  • High Value: 320,879
  • Low Value: 275,567

    Market Valuation

  • Market Total Value: $347,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,591
  • Assessed Land Value: $117,127
  • Assessed Improvements Value: $33,464

    Sales

  • Current Sale Contract Date: Jun 25, 1997
  • Current Sale Recording Date: Jul 25, 1997
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 263867
  • Previous Sale Recording Date: May 29, 1996
  • Previous Sale Contract Date: May 24, 1996
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rancho Vista Estates


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Frequently Asked Questions

When was property at 32421 Date Palm Drive built and last sold?
The property at 32421 Date Palm Drive was built in 1959 and last sold on Jun 25, 1997 for $55,000.
How much is this home worth?
The estimated value of the home located at 32421 Date Palm Drive is $1,212,000.
What are some comparable homes to 32421 Date Palm Drive?
There are currently no comparable homes to 32421 Date Palm Drive.