Opening page…
Closed
- Listed price
- $1,999,000
- Listed Sep 21, 2020
- Sold price
- $1,900,000
- Sold Nov 25, 2020
13,504 sqft lot|1965 Built|43 MLS days on market
68700 Summit Dr, Cathedral City, CA 92234
Property Description
Great for Owner User or Investment opportunity to purchase a Rare 6,600 square foot free standing industrial property with 13,504 sf. lot size located in the Cathedral City GREEN ZONE. Secure Fenced Yard Area. ** In place Conditional Use Permit (CUP) approved by the city of Cathedral City and previously issued cannabis cultivation business license. Located in a pro-cannabis city with favorable city tax rates and relatively straight forward guidelines for cannabis businesses. +/- 250 sf. of office space. 1 restroom. 9 individual storage style spaces (currently being used as 6 spaces). Ample Power. 600 Amps, 120/240 Volt Power, 3 PH, 4 W. 6 electric meters. Electric/ Water/ Gas connected. Flexible Use. Possibilities for any Owner/User or Investor. Easy/convenient access to 10 Freeway and all areas of Greater Coachella Valley.
Listing agent: Kevin LeeDRE #01720786Kevin.lee@coldwellbanker.com, Listing office: Coldwell Banker Alliance
MLS data updated 10/28/2026, 1:03:57 PM PT
Source: CRMLSMLS #: TR20198175
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,900,000
Nov 25, 2020
Available records22020
From MLS recordsActual listing and closing events
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
No recordNo property-price record in this range.ZIP 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.This home · 0 price recordsNo records in this period
ZIP 92234 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (0)
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.
View listing & sale records
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.