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Financial
Distress signals
Property profile

67-555 East Palm Canyon Dr Cathedral City, CA 92234

FOR LEASE
Strip malls
Property ID
US09-2640000
22,913 SF 0.87 ac lot Built 1776
Last sale Jun 2026 · $8,825,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Canyon Plaza East Shopping Center is a mixed-use commercial property providing office and retail suites along the Cathedral City downtown business corridor on East Palm Canyon Drive/Highway 111. The center is located across from Super Target and Trader Joe’s and is situated within an area that has included a variety of retail, dining, fitness, and medical tenants. The property includes on-site parking and multiple forms of frontage and branding options, including exterior signage opportunities,…

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?
$27k
Tax billed · 2024
Assessed value$2.19M
Assessed land$170k
Assessed improvement$2.02M
Effective rate1.22%

Value estimate

· Oct 2026
$3.53M
$3.18M – $3.88M
CAP approach$4.45M
NOI build-up
Gross scheduled income$819k
Vacancy & credit loss−$43k
Operating expenses−$233k
NOI · 40,235,407.41% cap applied$543k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$861/SF
County average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$212 – $1,778

Cap rate analysis

How does the asset earn?
40,235,407.41%
$543k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
A2
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.5
Dental Office16.4
Law Firm16.3

Location

67-555 East Palm Canyon Dr Cathedral City, CA 92234
County assessor Recorded deeds · 7 transfers Qualifying comp sales · not on file 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

4 recorded sales · 17 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
34001 Date Palm, Cathedral City, CA 92234 $24,800,000 Apr 2025 7,767 SF
35935 Date Palm, Cathedral City, CA 92234-6658 $1,951,500 Mar 2023 8,960 SF
68100 Ramon, Cathedral City, CA 92234-3387 $8,000,000 Aug 2019 16,140 SF
Cathedral City, CA 92234 $365,000 Apr 2019 No data
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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