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.
Property Details
Price:
$2,000,000
MLS #:
219119708DA
Status:
Active
Baths:
0
Address:
68599 Palm Canyon – Vacant Land Drive 687193009
Type:
Land
Neighborhood:
336cathedralcitysouth
City:
Cathedral City
Listed Date:
Nov 10, 2024
State:
CA
ZIP:
92234
Lot Size:
2,614 sqft / 0.06 acres (approx)
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Courtesy of Harcourts Desert Homes. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
68599 Palm Canyon – Vacant Land Drive 687193009
Cathedral City, CA
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