This Land Property is no longer advertised on LoopNet.com.

5846 Lindemann
Mountain House, CA 95391
Land For Sale · 360.00 AC

Investment Highlights

  • Lot Size: +/- 140 Acres
  • Coordinates: 37.808709, -121.562770
  • Oil/Gas/Mineral Rights: Retained by Landlord
  • Current Use: Agriculture
  • Water License No.: 003416 (1.81 CFS)
  • Current Cap Rate 3.82%

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Office
  • Mixed Use
  • Apartment Units
  • Agricultural
  • Single Family Residence
Total Lot Size 360.00 AC

Description

Cash-Flowing Agriculture Today...A Coveted Development Opportunity in the Future 5846 Lindemann Road is approximately 140 acres of land located at the borders of Contra Costa, San Joaquin, and Alameda counties. The property has a long-term agricultural tenant and has future development potential. The property is spread across 1 parcel in Mountain House, Alameda County; and 1 parcel in Byron, Contra Costa County. Multiple sources of income provide positive cash-flow for prospective Buyers. The subject property is under lease through 2029 and has additional income streams from tenant revenue sharing, water rights, and mineral rights. The property is in the path of the rapid development of Mountain House. The property is bordered by Mountain House’s master plan. The master plan for Mountain House was approved in 1994 and calls for 5,000-acre master planned community. The master plan is composed of approximately 15,500 households spread over 12 villages and has an expected 30–40-year construction period. 5846 Lindemann Road is a rare opportunity for a prospective buyer to obtain a cash-flowing development opportunity. The investment appeal of the property is driven by the opportunity to generate positive return while entitling a large-scale development opportunity.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 099B-7150-010-13
  • 099B-7150-010-11
  • 099B-7150-010-12
Land Assessment
$2,575,716
Improvements Assessment
$381,774
Total Assessment
$2,957,490
  • Listing ID: 25954438

  • Date on Market: 6/16/2022

  • Last Updated:

  • Address: 5846 Lindemann, Mountain House, CA 95391

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