The median home value in Cathedral City, CA is $450,000.
This is
lower than
the county median home value of $503,500.
The national median home value is $308,980.
The average price of homes sold in Cathedral City, CA is $450,000.
Approximately 51% of Cathedral City homes are owned,
compared to 30% rented, while
19% are vacant.
Cathedral City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Cathedral City real estate agent to arrange a tour today!
Learn more about Cathedral City.
The iconic former firehouse in the heart of downtown Cathedral City, directly across from the City Complex. With high visibility and excellent access to Highway 111, this property is perfectly positioned for businesses seeking strong exposure in the Coachella Valley. Property Highlights: Flexible CBP-2 Zoning - ideal for a variety of commercial uses Three roll-up doors for versatile access and operations Less than 200 feet from Highway 111, ensuring maximum traffic visibility Single-tenant opportunity with high frontage on Cathedral Canyon Drive Property Facts: Property Type: Industrial Building Class: C Year Built: 1950 Stories: 1 Lot Size: 0.11 AC Building Area: 3,100+ SF Parking Ratio: 0.71/1,000 SF Zoning: CBP-2 - includes all permitted uses of CBP-1, PCC, and PLC zones This unique property offers a rare leasing/purchase opportunity combining historic character, flexible zoning, and a prime downtown location. Perfect for creative offices, light industrial, or retail operations.
7,000 SF retail/commercial building on .91 acre lot. Impressive traffic counts with 96' of frontage on Date Palm Dr. Large showroom and one roll-up door. Located at the signalized intersection of Date Palm Dr and McCallum Way. Easy access to Interstate 10 and major arterial roads. Excellent building signage including freestanding pylon signs. Adjacent to Dollar Tree and Rosemount Self Storage and retail center coming soon. In an area of explosive growth, with a 204-unit apartment complex coming soon and a proposed retail center just north of the subject property.
31033 Date Palm Dr presents a predominantly vacant retail investment opportunity with approximately 85% vacancy, offering investors a rare chance to acquire a highly accretive value-add asset with substantial lease-up upside. The offering consists of a 14-unit multi-tenant retail center totaling 126,745 SF, situated on a 14.30-acre lot at the signalized intersection of Date Palm Drive and McCallum Way in the heart of Cathedral City, CA. Originally built in 1992 and renovated in 2007, the asset provides a modern construction profile with significant NOI growth potential through aggressive re-leasing at market rents and strategic tenant repositioning. The property features five exterior loading docks, 888 on-site parking spaces, and strong dual-street frontage, supporting a wide range of retail, medical, institutional, and logistics-oriented users. Big 5 Sporting Goods anchors the center with a lease through 2030, providing in-place income and long-term stability, while Spirit Halloween has committed to return for the 2026 season, offering recurring seasonal income. With strong traffic counts, proximity to Palm Springs, and regional demand drivers throughout the Coachella Valley, the asset is exceptionally positioned for sustained tenant demand, long-term appreciation, and multiple executable paths to grow NOI and investor equity.
Prime single level mixed use commercial property with highway frontage on East Palm Canyon Drive (State Highway 111) in downtown Cathedral City. Thriving area with rapid growth including Starbucks, Chipotle, retail, dining, and Cathedral City Hall across the street along with many small businesses. Detached 2,412 sq ft building represents approx. 40% lot coverage with alley access and 15-16 dedicated parking spaces. Zoned mixed use commercial, buyer to verify all permitted uses with the City including potential restaurant use. Currently owner occupied as a law office. Two main entrances including rear handicap access and front door facing Highway 111. Both AC systems recently refurbished and operating like new. Lot dimensions: 52.67 ft frontage, 50 ft rear, 105.64 ft east line, approx. 122 ft west line. Excellent opportunity for retail, professional, medical, or restaurant use in one of the fastest growing commercial corridors in the Coachella Valley.
it is a 10 unit x 2 bed/2 bath each hotel, previously a condominium complex , that may still be converted into a condo or a time share, as Title is still not fully converted!Located at a perfect hide-a-way location that is away from Hwy 111 but walking distance to Target, Boomers,Trader Joe's,restaurants and service plazas, car dealerships, public transportation and one street away from Hwy 111, the main transport way of the Desert connecting all of the cities in Coachella Valley.Property is currently operationg as a hotel and is ready to be taken to the next level and be exploited to its full capacity.All 10 units , at 2 bed /2bath each , are fully furnished , throughout , and are similar but slightly different in terms of layout and furnishings. Look at the attached inventory list!Some of the rooms are on the bottom and some are on the second level .The current owner operates the property as a hotel and is a resident in the property so only 9 of the units are utilized but a buyer should be able to use all 10 units.Current operating capacity is around %30-%35 and property is only advertised on AIR B & B , with prices ranging from $300 to $900 per night depending on season and events-Coachella Valley Music festival, Stagecoach music festival , Indian Wells Tennis Tournament and many others are world-wide events and draw millions of visitors to the Desert and hotels command premium prices for those .Proforma , attached in documents , shows an AirB& B average daily rate to be $405 -since it is a 2bed/2bath.The daily rate X %57 occupancy-which is very conservative and can easily go to %80 occupancy-which is normal for the Desert ,shows the profit for the year to be $839000 . Deducting the actual expenses , supplied by the ownership, we have net income of $559879. Deducting the actual capital improvements we have $344,879 , and then if divided by asking price the CAP rate is %7.8 .there are 10 attached garages, with 4 additional covered parking spaces and 7 extra parking spots-6 regular-1 handi-capped.
6,560 SF multi-tenant retail building on bustling Date Palm Drive in Cathedral City. Fully leased - tenants are responsible for their own repairs and maintenance. Approximately 94 ft of frontage on Date Palm Drive. Suite B was renovated in 2020 with over $500,000 in upgrades. Impressive traffic counts. Less than 4 miles to Palm Springs International Airport. In the Opportunity Zone, with potential for tax incentives. *Do not disturb tenants* Please call/text Emily Harvey at (760) 636-3500 to set up an appointment.
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 $0.85/SF/MO NNN.
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