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    OFF-MARKET
    Land

    0 Ramon Rd, Cathedral City, CA 92234

    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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