35900 Date Palm Dr Cathedral City, CA ^$ 12,000,000

35900 Date Palm Dr

^$ 12,000,000

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35900 Date Palm Dr

Cathedral City, CA, 92234

^$ 12,000,000

Studio Baths0.0 Sq 80,633

Monthly Estimate*

^$ 83,824

35900 Date Palm Dr, Cathedral City, CA 92234 - Image 1

35900 Date Palm Dr, Cathedral City, CA 92234 - Image 2

35900 Date Palm Dr, Cathedral City, CA 92234 - Image 3

35900 Date Palm Dr, Cathedral City, CA 92234 - Image 4

Studio

Commercial Property for sale in Cathedral City, CA

for $12,000,000. This 80,633 square foot building was built on a lot size of 7.51.

80,633 SF Building on 7.51 acres. Signalized intersection. Easy access to Interstate 10 and major arterial roads. Excellent building signage including freestanding pylon signs. New Amazon Last-Mile Distribution Center next door. Amazon deployed over $40 million in capital improvements to the area and will provide $7.7 million a year in salary, benefits and revenue for the city. Previous owner invested $3 million in renovations, including polished floors, 13 new HVAC systems, Title 24 compliant LED lighting, 13 newly installed bathrooms and two broadband halos with 77 access points capable of handling up to 2,800 simultaneous Wi-Fi subscribers. Additional 28,000 square lot available for expansion. Also available for lease for $0.90/SF/MO NNN.

Commercial Active

Price

^$ 12,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Mixed Use

Lot Size

7.51

Town/City

Cathedral City

County/Region

Riverside

MLS | Web ID

219097268

Features

General

Heating Central

HOA 0.0

Property SubType Mixed Use

County Riverside

Property Type F

Status Active

City Cathedral City

MLS Area 336 - Cathedral City South

Lot Size Square Feet 327135.6

Street Name Date Palm Dr

Financing Available Cash

Current Financing Cash

Standard Status Active

Exterior

Lot Features Landscaped

Water Source On Site

Total Parking 0.0

Lot Size Area 327136.0

Building Area Total 80633.0

Lot Size Acres 7.51

Lot Size Source Assessor

Land Lease Type Fee

Interior

Heating Y/N Yes

Laundry Features None

Total Baths 0

* Excluded Features

List By

Susan Harvey

Listing Agent

Desert Pacific Properties

Broker

Affordability Calculator

$83,824

Per Month

Monthly Principal & Interest: $83,824
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Cathedral City, CA

Average List Price ^$3,491,550

Percent of Sale Price 71%

About Cathedral City, CA

53,440 Population

25% Since 2002

^$42,908 Median Income

38.24 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/11/2023	$12,000,000		Listed Price

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35900 Date Palm Dr, Cathedral City, CA, 92234 is a Commercial Property for sale at $12,000,000 with 80,633 sqft and a lot size of 7.51. 35900 Date Palm Dr is a studio with 0.0 baths. The property's zip code is 92234 which is in Cathedral City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 2/19/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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35900 Date Palm Dr

Commercial Property for sale in Cathedral City, CA

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