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68537 Grove Street, Cathedral City, CA 92234
Priced at Only: $1,625,000
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Address: 68537 Grove Street, Cathedral City, CA 92234
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  • MLS#: 219139423DA ( )
  • Street Address: 68537 Grove Street
  • Viewed: 5
  • Price: $1,625,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: Not Available
  • Bldg sqft: 0
  • Days On Market: 96
  • Additional Information
  • County: RIVERSIDE
  • City: Cathedral City
  • Zipcode: 92234
  • Subdivision: Cathedral City Cove
  • Provided by: Real Brokerage Technologies
  • Contact: Ethan Ethan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Outstanding vacant land development opportunity in the booming core of Cathedral City. This assemblage of five contiguous APNs, intended to be merged into a single parcel, offers an ideal site for a future 15 unit apartment project. Professional design plans and concept renders for the proposed building are included, providing a clear vision of the development potential and placing the project near ready for submittal to the Planning Department. Located within a designated Opportunity Zone, the property offers significant tax advantaged investment benefits. The site is directly adjacent to The Jasper, a brand new Class A development now under construction, and is just moments from the sought after Cathedral City Cove community and the revitalized, fast growing downtown district featuring new restaurants, retail, and entertainment. With excellent proximity to Highway 111 and major employment centers, this parcel delivers outstanding visibility, strong fundamentals, and exceptional long term upside. This is a rare chance to build in one of booming Cat City's most active and desirable growth corridors.
Features
Country
  1. US
Parcel Number
  1. 687197004
Sewer
  1. Unknown
Subdivision Name Other
  1. Cathedral City Cove
View
  1. Mountain(s)
  2. Panoramic
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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