68350 Commercial RdCathedral City, CA 92234

  • Industrial properties
  • 7,296 SF
For Sale
$2,950,000 View listing

Property Details for 68350 Commercial Rd

Year built
1988
Construction
TILT-UP CONCRETE
Lot size
0.48 AC
Property size (Sq ft)
7,296 SF
Zone code
CBP2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
687-312-018
APU
687312018

Description

This vacant 7,680 square foot industrial building in Cathedral City, CA, presents a unique opportunity. Situated on a 0.48-acre lot at 68350 Commercial Rd, 92234, this 1988-built structure boasts a 16-foot ceiling height, one loading dock, and ample parking (3.51 spaces per 1,000 sq ft—approximately 15 spaces total). The property is zoned for industrial use and features a gated, secure rear yard. Previously used as a cannabis volatile manufacturing and distribution facility (Type-7), the existing layout is well-suited for cultivation or manufacturing businesses. The building offers significant power capacity (buyer to verify 4,000 amps and an 8,000-amp transformer on-site). This compliant property allows for immediate occupancy or reconfiguration to meet specific needs, saving time and money on build-out. The asking price is $2,950,000. Existing equipment is available for separate purchase. This is an ideal opportunity for a business seeking a ready-to-use or easily adaptable industrial space with substantial power and a convenient location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,295,224
    Hospitality
    $2,102,413
    Educational
    $1,749,183
    Medical
    $1,809,340
    Retail
    $2,720,951
68350 Commercial Rd, Cathedral City, California
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Location Insight

City
Cathedral City
County
Riverside
State
California
Latitude
33.7825
Longitude
-116.469
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$45,869
$714,000
$2,856,000
$3,570,000
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