Auto Shop with Repair
New
For Sale
$1,295,000
34870 Date Palm Dr, Cathedral City, CA 92234
The property includes office and restroom space, with an appliance retailer occupying a portion of the building month to month.
Property Size3,437 SF
Lot Size0.49 Acres
Price / SF$376.78
Days on Market1
Property Features for 34870 Date Palm Dr
General Information
Standard status
Active
Size
3,437 SF
Lot size
0.49 Acres
Property subtype
Commercial
Site & Location
Traffic Count
22,799 vehicles/day
Road Access
Yes
Building Details
Year Built
1974
Buildings
1
Units
3
Listing Agency:
Berkshire Hathaway HomeServices California Properties
Listed By:
Angie Torres · License #01204730
(760) 902-5142
Source:
Elliman
Added: Oct 16
Last Checked: Oct 16 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices California Properties
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Investment Insights
Based on property information with market context.
This 3,437-square-foot auto shop sits on a 0.49-acre parcel and includes office and restroom space. The city has issued permits for an auto repair shop; buyers should verify the permits’ scope, conditions, and transferability. An appliance retailer currently occupies a small portion of the building on a month-to-month basis.
The property fronts Date Palm Dr. The corridor between Dinah Shore and 35th Avenue recorded 22,799 vehicles per day in the city’s May 2025 traffic study.
The property fronts Date Palm Dr. The corridor between Dinah Shore and 35th Avenue recorded 22,799 vehicles per day in the city’s May 2025 traffic study.
Key Highlights
- 3,437‑square‑foot building on 0.49 acres
- City‑issued permits for an auto repair shop; verify scope, conditions, and transferability
- Appliance retailer occupies part of the building month to month
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,265
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$985,300
$985.3K
Cap Rate 7%
$703,786
$703.8K
Cap Rate 9%
$547,389
$547.4K
Market Conditions
NOI Build-Up for 3,437 SF
Gross rent
$74.2K $21.60/SF
− Vacancy
−$3.9K −$1.12/SF
EGI
$70.4K $20.48/SF
− OpEx
−$21.1K −$6.14/SF
NOI
$49.3K $14.33/SF
Area
Riverside County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$985,300
Cap Rate 7%
$703,786
Cap Rate 9%
$547,389
Alternative Uses
Best Use
Retail
$703.8K
$615.8K – $821.1K
NOI $49,265 @ 7.0% cap · market cap 3.80%
Second Best
Industrial
$403.2K
$352.8K – $470.4K
NOI $28,224 @ 7.0% cap · market cap 2.18%
Theoretical Best
Office A
$1.03M
$901.0K – $1.20M
NOI $72,077 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
22,799 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
108k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Dining 34%
Shops & Services 28%
Electronics 1%
Food 4 Less
Groceries
40,584 visits/mo
0.3 miles
dd's DISCOUNTS
Shops & Services
15,927 visits/mo
0.4 miles
Jack in the Box
Dining
15,693 visits/mo
0.3 miles
Circle K
Shops & Services
7,668 visits/mo
0.3 miles
IHOP
Dining
7,461 visits/mo
0.4 miles
Demographics for 92234, CA
51,509
Population
23,114
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
81%
High-School Grad
14.8 sq mi
ZIP Area
3,480
Density / Sq Mi
$67,031
Median Household Income
$34,895
Median Earnings
$1,554
Median Rent
$420,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Performance Plus Automotive — 36033 Campbell St, Cathedral City, CA 92234
- South West Towing — 36069 Campbell St, Cathedral City, CA 92234
- Cat City Auto Body Inc — 68314 Kieley Rd, Cathedral City, CA 92234
- Palm Springs Kia Service Center — 68130 Kyle Rd suite a, Cathedral City, CA 92234
- Elite Tire and Automotive, Smog Check near — 68350 Kieley Rd, Cathedral City, CA 92234
Frequently Asked Questions
What type of property is this?
Auto shop - The property includes office and restroom space, with an appliance retailer occupying a portion of the building month to month.
Where is this auto shop located?
The property is located at 34870 Date Palm Dr Cathedral City, CA.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 3,437‑square‑foot building on 0.49 acres; City‑issued permits for an auto repair shop; verify scope, conditions, and transferability; Appliance retailer occupies part of the building month to month
