Vacant Land with 15-Unit
For Sale
$1,625,000
68537 Grove Street, Cathedral City, CA 92234
Vacant development parcel made up of five contiguous APNs, with plans included for a proposed 15-unit apartment project.
Property Size31,363 SF
Price / SF$51.81
Days on Market348
Property Features for 68537 Grove Street
General Information
Standard status
Active
Size
31,363 SF
Property subtype
Land Lot
Additional Details
Opportunity Zone
Yes
Highway Access
Yes
Amenities
Yes
No
Listing Agency:
Real Brokerage Technologies
(760) 799-6344
Listed By:
Ethan Mezrahi · License #02088186
(760) 799-6344
Source:
Compass
Added: Sep 13, 2025
Changed: Aug 8
Last Checked: Mar 25 at 6:01PM
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 Real Brokerage Technologies
Investment Insights
Based on property information with market context.
This vacant land assemblage consists of five contiguous APNs intended to be merged into a single parcel for development. The offering includes professional design plans and concept renders for a proposed 15-unit apartment project, with the materials positioned to support near-ready submittal to the Planning Department.
The site is located in a designated Opportunity Zone. It is directly adjacent to The Jasper, a Class A development currently under construction, and it is moments from Cathedral City Cove and the revitalized downtown district with new restaurants, retail, and entertainment.
Additional location context includes proximity to Highway 111 and major employment centers, supporting the site’s intended visibility and appeal for residential development.
The site is located in a designated Opportunity Zone. It is directly adjacent to The Jasper, a Class A development currently under construction, and it is moments from Cathedral City Cove and the revitalized downtown district with new restaurants, retail, and entertainment.
Additional location context includes proximity to Highway 111 and major employment centers, supporting the site’s intended visibility and appeal for residential development.
Key Highlights
- Vacant development parcel made up of five contiguous APNs intended to be merged into a single parcel
- Includes professional design plans and concept renders for a proposed 15‑unit apartment project
- Project is intended to be near ready for submittal to the Planning Department
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
905
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant development parcel made up of five contiguous APNs, with plans included for a proposed 15-unit apartment project.
Where is this residential land & home lot located?
The property is located at 68537 Grove Street Cathedral City, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: Vacant development parcel made up of five contiguous APNs intended to be merged into a single parcel; Includes professional design plans and concept renders for a proposed 15‑unit apartment project; Project is intended to be near ready for submittal to the Planning Department
