35900 Date Palm DrCathedral City, CA 92234

Property Details for 35900 Date Palm Dr

Lot size

0.38 AC

Zone code

CPS

Property type

Land

Property subtype

Commercial land

APN

673-250-027

APU

673250027

Description

This exceptional 80,633-square-foot freestanding retail building, constructed in 2007, sits on a 7.51-acre lot in Riverside County. The property boasts 316 parking spaces and benefits from a highly visible location at a signalized intersection, providing easy access to Interstate 10 and major arterial roads. Excellent signage opportunities are available, including freestanding pylons. The building has undergone significant recent renovations totaling $3 million, encompassing polished floors, thirteen new HVAC systems, Title 24 compliant LED lighting, and thirteen newly installed bathrooms. High-speed internet access is ensured with two broadband halos featuring 77 access points, supporting up to 2,800 simultaneous Wi-Fi users. The property's strategic location is further enhanced by the proximity of a new Amazon Last-Mile Distribution Center, representing a significant investment of over $40 million in capital improvements by Amazon, and generating an estimated $7.7 million annually in salaries, benefits, and revenue for the city. An additional 28,000-square-foot lot is available for expansion, presenting significant growth potential. The property is zoned PCC and has APN numbers 673-250-026, 673-250-027, 673-250-028, and 673-250-029. This is a single-tenant property offering a unique opportunity for a business seeking a high-visibility location with modern amenities and significant expansion potential.

• Alternative Use

  Use

  Valuation

  Residential

  $5,207,038

  Hospitality

  $4,769,618

  Educational

  $3,968,266

  Medical

  $4,104,741

  Retail

  $6,172,859

Location Insight

City

Cathedral City

County

Riverside

State

California

Latitude

33.7881

Longitude

-116.458

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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