$1,625,000

68537 Grove Street, Cathedral City, CA 92234

Land
Built in ——
0.72acre lot
—— car garage
$——/sqft
Listed 12 days ago

Property 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.

Listing Status:: Active
Date Added:: December 1, 2025 at 06:00AM
Listing Office:: Real Brokerage Technologies : (619) 663-8680
Listing Agent:: Ethan Mezrahi : (760) 799-6344
MLS ID:: 219139423DA

Parking: Parking spaces: 0

Originating MLS: CRMLS_CDAR
County: Riverside

Zoning: 687197004
View: Mountain(s)PanoramicView

Sewer: Unknown

Source: CRMLS_CDAR

This listing courtesy of Ethan Mezrahi, Real Brokerage Technologies

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Cathedral City Elementary School

69300 Converse Rd, Cathedral City, CA, 92234

Grades KG-5

1.09 miles away

Nellie N. Coffman Middle School

34603 Plumley Rd, Cathedral City, CA, 92234

Grades 6-8

1.49 miles away

Cathedral City High School

69250 Dinah Shore Dr, Cathedral City, CA, 92234

Grades 9-12

1.93 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.