Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    Ramon Rd Cathedral City, CA 92234

    • Land
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Ramon Rd

    Property type
    Land

    Description

    This exceptional 32,234 square foot commercial land parcel presents a remarkable investment opportunity in the thriving Cathedral City, California market. Located on Ramon Road, a major thoroughfare boasting an impressive average daily traffic count exceeding 35,000 vehicles, this property offers unparalleled visibility and accessibility. The lot is zoned PCC (Planned Community Commercial), providing flexibility for a variety of retail developments. The parcel's previous owner has proactively addressed infrastructure needs, removing overhead utility lines and extending utilities directly to the site, significantly reducing development costs and timelines. This ready-to-build site is situated adjacent to a Quick Quack Car Wash, ensuring high traffic flow and potential synergy with complementary businesses. The property's Assessed Parcel Number (APN) is 678-304-023 & -025. The asking price for this strategically located and well-prepared land parcel is $1,000,000. This represents a unique chance to capitalize on the robust commercial growth in Cathedral City and establish a thriving business in a high-traffic area. Don't miss this opportunity to acquire a prime piece of real estate in a dynamic and desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cathedral City
    County
    Riverside
    State
    California
    Longitude
    -116.464
    Latitude
    33.816

    Comparable in this City

    • Value Estimation by Request

      San Luis Rey Dr

      Land
      0 San Luis Rey Dr, Cathedral City, CA 92234
      View Details
    • Value Estimation by Request

      Landau Blvd

      Land
      0 Landau Blvd, Cathedral City, CA 92234
      View Details
    • Value Estimation by Request
      7.73 Acres

      Van Fleet St

      Land • 7.73 Acres
      0 Van Fleet St, Cathedral City, CA 92234
      View Details
    • Value Estimation by Request
      0.20 Acres

      Cathedral City, CA 92234

      COMMERCIAL (GENERAL) • 0.20 Acres
      Cathedral City, CA 92234
      View Details
    • Value Estimation by Request
      0.59 Acres

      32280 Date Palm Dr, Unit 4

      COMMERCIAL (GENERAL) • 0.59 Acres
      32280 Date Palm Dr, Cathedral City, CA 92234-4309
      View Details
    • Value Estimation by Request

      34051 Date Palm Dr

      COMMERCIAL (GENERAL)
      34051 Date Palm Dr, Cathedral City, CA 92234-6860
      View Details

    Similar Nearby for Sale

    • $1,250,000

      Cathedral City Development Opportunity

      Five prime lots, high-density potential.
      0 Landau Blvd, Cathedral City, CA 92234
      View Details
    • $69,900

      Desert Shadows RV Resort Lot

      RV lot in a 55+ resort with many amenities.
      69801 Ramon Rd, Cathedral City, CA 92234
      View Details
    • $119,000

      Land For Sale

      Land available for purchase.
      119 Mount Ararat Dr, Cathedral City, CA 92234
      View Details
    • $7,500,000

      Land Available in Cathedral City

      Land for sale in Cathedral City, California.
      26841 Rio Encanto, Cathedral City, CA 92234
      View Details
    • $239,900

      Land For Sale

      Land available for purchase.
      27 Via Valverde, Cathedral City, CA 92234
      View Details
    • $107,000

      Land For Sale

      Land available for purchase.
      1139 Via Feliz, Cathedral City, CA 92234
      View Details

    Similar Nearby for Lease

    • $1,575,000
      5,360 SF

      Retail Building on Date Palm

      Multi-tenant retail building ideal for owner/user or investment.
      32475 Date Palm Dr, Cathedral City, CA 92234
      View Details
    • $4,400 /Mo
      50,262 SF

      Cathedral City Retail Property

      Retail property with attention-getting curb appeal in Cathedral City.
      68845 Perez Rd, Cathedral City, CA 92234
      View Details
    • $21 SF/Yr
      81,315 SF

      Canyon Plaza East: Retail Spaces Available

      Cathedral City retail center; prime location, high traffic.
      67555 Palm Canyon Dr, Cathedral City, CA 92234
      View Details
    • Contact for pricing

      Retail Space Near Agua Caliente

      Retail/commercial space with high visibility and abundant parking.
      69020 East Palm Canyon Dr, Cathedral City, CA 92234
      View Details
    • $10 SF/Yr
      80,633 SF

      Prime Retail Space - Riverside County

      80,633 SF freestanding retail building on 7.51 acres
      35900 Date Palm Dr, Cathedral City, CA 92234
      View Details
    • Contact for pricing

      Cathedral City Office/Retail Space

      Versatile 1,531 sq ft space suitable for various businesses.
      28401 Date Palm Dr, Cathedral City, CA 92234
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Ramon Rd
    Cathedral City, CA 92234
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.