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Property profile & analytics
OFF-MARKET
Gas stations

28051 Date Palm Dr Cathedral City, CA 92234-4902

912 SF 0.94 ac lot Built 1990
Entity Owned 11-yr Hold ~ Est. High Equity
Property ID
US09-3084372
Property summary
AI-generated overview

This exceptional 0.73-acre commercial land parcel, located at 28051 Date Palm Drive in Cathedral City, California, presents a unique investment opportunity. The property boasts a total area of 31,899 square feet, offering ample space for development. Currently zoned for commercial use, the site is ideally suited for a variety of businesses, including a gas station and car wash, as indicated by its existing subtype classification. The single-tenant occupancy allows for streamlined management and potential for significant returns. Situated in Riverside County, with a zip code of 92234, this property benefits from its convenient location within Cathedral City. The property's size and zoning make it an attractive prospect for entrepreneurs and investors seeking a high-potential commercial venture. The latitude and longitude coordinates are 33.8445673 and -116.4589682 respectively. This is a rare opportunity to acquire a sizable commercial lot in a thriving area with significant potential for growth and profitability. The property's existing infrastructure and zoning make it ready for immediate development or redevelopment, offering flexibility to suit a variety of business plans. Serious inquiries are encouraged to explore this promising investment.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION WITH FOOD MART
Year built 1990
Construction TILT-UP CONCRETE
Total area 912 SF
Lot 0.94 ac (40,946 SF)
Zoning code PCCS
APN 675-143-048
UPID US09-3084372
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
Current use
Occupant on record · Public records
  • Light Petroleum Llc Gas Station
  • Mobil Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Light Petroleum LLC · 11 yrs held
Light Petroleum LLC
since 2015
3 recorded transactions
2022
Price N/A
2015
$1.1M
2013
$1.2M
Zoning & alternative use
PCCS · Cathedral City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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