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Property profile

68350 Commercial Rd Cathedral City, CA 92234

OFF-MARKET
Manufacturing properties
Property ID
US09-1271370
7,296 SF 0.48 ac lot Built 1988
Last sale Apr 2026 · $1,900,000
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

This vacant 7,680 square foot industrial building in Cathedral City, CA, presents a unique opportunity. Situated on a 0.48-acre lot at 68350 Commercial Rd, 92234, this 1988-built structure boasts a 16-foot ceiling height, one loading dock, and ample parking (3.51 spaces per 1,000 sq ft—approximately 15 spaces total). The property is zoned for industrial use and features a gated, secure rear yard. Previously used as a cannabis volatile manufacturing and distribution facility (Type-7), the…

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?
$46k
Tax billed · 2024
Assessed value$3.57M
Assessed land$714k
Assessed improvement$2.86M
Effective rate1.28%

Value estimate

· Nov 2026
$3.36M
$3.02M – $3.69M
AI approach$3.36M
Submarket $/SF estimate$3.04M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$333/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$215 – $417
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CBP2
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 agency24.0
Dental Office16.7
Wholesale Shop12.3

Location

68350 Commercial Rd Cathedral City, CA 92234-7603
County assessor Recorded deeds · 12 transfers 9 qualifying comp sales 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

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
68374 Kieley, Cathedral City, CA 92234-7213 $650,000 Jan 2024 6,220 SF
68734 Perez, Cathedral City, CA 92234-7218 $6,950,000 Apr 2022 6,831 SF
36450 Bankside, Cathedral City, CA 92234-7600 $2,500,000 Nov 2021 8,120 SF
68700 Smt, Cathedral City, CA 92234-7344 $1,900,000 Nov 2020 7,086 SF
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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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