68280 Highway 111, Palm Springs, CA — $349,000

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About this home

9,583 SF commercial corner lot located at signalized intersection on major thoroughfare in Cathedral City. Fully improved with block wall, iron-rod fencing, and entry gate. Close proximity to Cathedral City Arts & Entertainment District, the new Agua Caliente Casino. Impressive traffic counts of 34,420 AADT on Highway 111. Located within an Opportunity Zone, with potential for tax incentives. 4 miles away from Palm Springs Airport. Cathedral City has the second highest full-time population in the Coachella Valley. Cathedral City is pro growth and business friendly. 100,000 year round west valley residents within 5-mile radius. Brochure can be downloadable in the 'Document' tab.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk

📋 Assessed value$143,336

💵 Annual tax$1,648

🏫 School districtPalm Springs Unified School District

MLS #219142949

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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VA loan (no PMI)

Estimated total monthly payment

$2,186

Principal & interest$1,765

Property tax$320

Home insurance$102

Down payment: $69,800Loan: $279,200

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.