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Position your business or next investment along one of the Coachella Valley’s most traveled corridors. This 9,583 SF commercial corner lot sits prominently at E Palm Canyon Drive and Bankside Drive, offering excellent visibility at a signalized intersection in the heart of Cathedral City. The property is already improved with a block wall, iron fencing and gated access, with water, sewer and utilities available in the street. Zoned CBP-2, the site offers flexibility for a variety of potential commercial, retail and investment uses, creating an opportunity for an owner-user, developer or investor to capitalize on a highly visible Highway 111 location. The property is also located within an Opportunity Zone, offering potential tax advantages for qualifying investments. Just minutes from Cathedral City’s Arts & Entertainment District, Agua Caliente Casino Cathedral City and approximately four miles from Palm Springs International Airport, the property benefits from strong year-round traffic and continued investment throughout the west valley. A well-positioned commercial parcel with visibility, access and infrastructure already in place, ready for its next chapter.
Listing agent: Alan Sarrail DRE #01837253 alan@thereverygroup.com, Listing office: KELLER WILLIAMS-LA QUINTA
MLS data updated 10/28/2026, 3:25:16 AM PT
Source: CRMLS, MLS #: IG26213965
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Oct 1, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$299,000Original asking price · Oct 1, 2026ZIP 92234 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.