31033 Date Palm Dr Cathedral City, CA 92234-3014
- Strip malls
- 9.23 lot acres
Jun 30, 2022
Current Use by Public Records
- Big 5 Sporting Goods / Sporting Goods Store / Camping Store
- Metro by T-Mobile / Cell Phone Store / Cell Phone Accessory Store
Property Details for 31033 Date Palm Dr
- Lot size
- 9.23 lot acres
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 678-330-057
- APU
- 678330057
Description
This exceptional 14.23-acre mixed-use property, known as Date Palm Plaza, presents a compelling redevelopment opportunity in the thriving city of Cathedral City, California. Currently classified as a Class C shopping center, the 124,305 square foot property boasts a prominent location at the Date Palm exit off Interstate 10, providing unparalleled access to the entire Coachella Valley. The site features a former Walmart building, now anchored by Big 5 Sporting Goods, and offers 533.41 feet of frontage on Date Palm Drive. Ample reciprocal parking is available. The property's PLC zoning permits a wide range of uses, including retail, warehouse, medical facilities, storage, multi-family residential, and government offices. Its strategic location near the "Golden Mile" shopping center, anchored by Cardenas, further enhances its desirability. This established center presents a prime development opportunity for investors seeking a high-impact project in a rapidly growing market. The asking price is $13,900,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cathedral City
- County
- Riverside
- State
- California
- Longitude
- -116.459
- Latitude
- 33.8217
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
