34331 Date Palm Dr Cathedral City, CA 92234-6869
Property profile & analytics
34331 Date Palm Dr, Cathedral City, CA 92234-6869
- Turn key restaurants
- 10,080 SF
- 0.58 lot acres
Property ID
US09-1358940
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- DJ’s Sports Bar and Grill / Restaurant
Property Details for 34331 Date Palm Dr
- Year built
- 1998
- Construction
- WOOD
- Lot size
- 0.58 lot acres
- Zone code
- CTR
- Property type
- Turn key restaurants
- APN
- 687-440-004
- APU
- 687440004
Description
Exceptional investment opportunity: A 7,500 square foot, free-standing DJ's Sports Bar & Grill in Cathedral City, CA is available for purchase. This Class B, single-tenant retail property boasts a strong net lease with a 6.25% cap rate and features a favorable 5% annual rent increase. The property sits on a 0.58-acre lot and is part of the Cathedral City Marketplace, a 170,000 square foot shopping center anchored by Food4Less. Built in 1998, the one-story building benefits from high visibility and easy access due to its location at a major retail intersection, providing excellent ingress and egress. The lease has over eight years remaining, with two five-year extension options, providing long-term stability. The tenant, a successful local restaurateur, opened in April 2024 and has demonstrated exceptionally high sales in its initial months of operation, further solidifying the investment's potential. The property's location in the rapidly growing Coachella Valley, known for its significant tourism and economic growth (over $8 billion annually), adds to its appeal. The proximity to major transportation arteries (Hwy 11 and I-10), the local airport, and the upcoming Disney's Cotino mixed-use development presents significant long-term growth opportunities. The asking price is $1,640,000. APN: 687440004.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $25,705,000
- ML approach
- $25,705,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cathedral City
- County
- Riverside
- State
- California
- Longitude
- -116.459
- Latitude
- 33.7989
- 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
$12,349
$211,269
$770,237
$981,506
-
$0.00
$0.00
$0.00
