36630 N Sunair Plz - Specialty FOR SALE


Cathedral City, CA 92234
$1,650,000 USD
949-942-1303
36630 N Sunair Plz, Cathedral City, CA for Sale
$1,650,000 USD
Specialty - FOR SALE
1/14
null | Request Cap Rate

36630 N Sunair Plz
Cathedral City, CA 92234


HIGHLIGHTS

  • Downtown Cathedral City Redevelopment or Outdoor Storage Opportunity
  • Two Parcels Available for Sale and Lease Together or Individually
  • Flexible CBP-2 Zoning Allowing Various Retail and Industrial Uses Including Outdoor Storage, Vehicle Service & Sales, Manufacturing/Storage, Car Wash
  • Large Gated Complex with Secure Parking/Storage and Room for Additional Development
  • Adjacent to the Signalized Intersection of East Palm Canyon Road and Cathedral Canyon Road with ±46,490 VPD
  • Located in an Opportunity Zone with Potential Tax Incentives for Redevelopment

OVERVIEW

Graystone Capital Advisors is pleased to offer a rare opportunity for purchase or lease at 36630 Sunair Plaza and 36601 Cathedral Canyon Drive, located in the heart of downtown Cathedral City, CA. This offering includes a former recycling facility featuring a ±3,300-square-foot main building and a ±2,650-square-foot storage building with grade-level doors. With three access points to Sunair Plaza and potential access along Cathedral Canyon Drive, this ±2.15-acre gated complex (across two parcels) provides ample space for outdoor storage or future redevelopment. The two parcels can be purchased or leased individually or as a portfolio. Sale pricing for each parcel is $1,650,000. Zoned CBP-2 (Commercial Business Park), the property is well-suited for a variety of commercial and industrial uses. This zoning classification permits uses including automobile repair shops, parcel delivery services, wholesale businesses, storage buildings, light manufacturing and assembly. Additionally, it allows for many more attractive uses with a CUP including any use involving outdoor activity or storage, automobile body and collision shops, automobile service stations, self-service and full-service car washes, recycling centers and collection facilities, mini-warehouses, manufacturing sites, cocktail lounges or bars, vehicle rental and used vehicle sales, and fast-food restaurants with drive-thrus. The property enjoys a strategic location near the signalized intersection of East Palm Canyon Road and Cathedral Canyon Road, with exposure to ±46,490 vehicles per day (VPD). Nearby points of interest include the Coachella Valley Repertory, Cathedral City Community Amphitheater, Agua Caliente Casino, and Welk Resorts Palm Springs - Desert Oasis. Additionally, the site benefits from proximity to major national and regional tenants such as Enterprise Rent-A-Car, Mike Thompson’s RV Super Store, Quick Quack Car Wash, Taco Bell, Circle K, NAPA Auto Parts, and Crystal Chrysler Dodge Jeep Ram. With its versatile zoning, prime location, and strong market fundamentals, this property presents significant upside potential for owner-users and developers looking to leverage Cathedral City’s continued growth and redevelopment momentum.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$277 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gated Storage Yard | 0.9 - 2.15 AC

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.15 AC

LAND SF

93,654 SF

ZONING

BMP-2

APN/PARCEL ID

687-311-014,687-311-020

ASK ABOUT THIS PROPERTY

Matthew HardkeGraystone Capital AdvisorsMore Info
949-942-1303

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Matthew HardkeGraystone Capital AdvisorsMore Info
949-942-1303

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.