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
Type:
Land
City:
Cathedral City
Listed Date:
Nov 10, 2024
State:
CA
ZIP:
92234
Lot Size:
2,614 sqft / 0.06 acres (approx)
Schools
Interior
Exterior
Sewer
Unknown
View
Mountain(s), Peek- A- Boo, Panoramic
Financial
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68599 Palm Canyon – Vacant Land Drive
Cathedral City, CA
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