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Property profile

67777 E Palm Canyon Dr Cathedral City, CA 92234

FOR SALE
Strip malls
Property ID
US09-3790426
14,422 SF 1.65 ac lot Built 1987
Last sale Sep 2017 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. 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

Desert Twins Plaza presents a unique investment opportunity in Cathedral City, California. This 23,500 square foot multi-tenant retail storefront, situated on 1.65 acres at 67777 E Palm Canyon Drive (Highway 111), enjoys unparalleled visibility as the most prominent property on this major thoroughfare. The property's prime location within Cathedral City's main shopping corridor places it in close proximity to a thriving retail environment, including major anchors such as Target and Trader…

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?
$45k
Tax billed · 2024
Assessed value$3.68M
Assessed land$1.56M
Assessed improvement$2.12M
Effective rate1.22%

Value estimate

· Oct 2026
$1.39M
$1.25M – $1.52M
Submarket $/SF estimate$864k
NOI build-up
Gross scheduled income$502k
Vacancy & credit loss−$26k
Operating expenses−$143k
NOI · 4.97% cap applied$333k

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?
4.97%
$333k 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?
PCC
NEIGHBORHOOD DISTRICT (§ 9.25.010 - § 9.25.140) Chapter 9.26 PPO PLANNED PROFESSIONAL OFFICE DISTRICT (§ 9.26.010 - § 9.26.060) Chapter 9...
General categoryCOMMERCIAL
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 Office12.2
Wholesale Shop10.5

Location

67777 E Palm Canyon Dr Cathedral City, CA 92234
County assessor Recorded deeds · 4 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

5 recorded sales · 16 properties nearby
Recent sales nearby
5 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
67555 Palm Cyn, Cathedral City, CA 92234-5467 $143,000 Apr 2019 22,913 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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