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Financial
Distress signals
Property profile

68537 Grv St Cathedral City, CA 92234

OFF-MARKET
Commercial land
Property ID
US09-4268442
648 SF 0.1 ac lot Built 1946
Last sale Oct 2024 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Vacant land in Cathedral City, Riverside County (ZIP 92234) with a total lot area of 0.72 acres. The assemblage comprises five contiguous parcels identified as APNs, which are intended to be merged into a single parcel. The site is proposed for development as a 15-unit apartment project, with design plans and concept renders provided for the contemplated building. The property is located within a designated Opportunity Zone and is positioned adjacent to The Jasper, a Class A development under…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$35k
Assessed land$35k
Effective rate4.62%

Value estimate

· Oct 2026
$550k
$495k – $605k
AI approach$550k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,024/SF
County average, outlier-cleaned · 226 recorded sales of this use type
Observed band · Q1–Q3$241 – $1,997
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R3
Y RESIDENTIAL DISTRICT (§ 9.14.010 - § 9.14.140) Chapter 9.16 R2 MULTIPLE-FAMILY RESIDENTIAL DISTRICT (§ 9.16.010 - § 9.16.160) Chapter 9...
General categoryRESIDENTIAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.8
Veterinary Clinic8.1
Dental Office8.0

Location

68537 Grv St Cathedral City, CA 92234-1843
County assessor Recorded deeds · 11 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
34500 Date Palm Dr, Cathedral City, CA 92234 $2,275,000 May 2025 No data
Cathedral City, CA 92234 $22,000 Mar 2025 No data
A, Cathedral City, CA 92234 $550,000 Oct 2024 872 SF
68556 A, Cathedral City, CA 92234-1802 $550,000 Oct 2024 1,294 SF
68528 A, Cathedral City, CA 92234-1802 $550,000 Oct 2024 1,433 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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