5840 Lindeman Road

Mountain House, CA, 94514

$29,000,000

$29,000,000
Active
Active
 - For Sale
property_type
Land
5840 Lindemann Road is 360 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 3 parcels in Mountain House, Alameda County; and 2 parcels 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 a 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.
MLS® ID:
422675701
Listed:
4/13/22
Updated:
8/9/22

Exterior/Building Features

Lot Size
360.0 acres lot

Other Property Details

Area Name
County/Alameda Area
Garage
No
Parking
N
View
N
County
Alameda
Utilities
Electricity Available, Natural Gas Connected, Water Connected
Pool
No

 

Courtesy of Brian Leung, DRE #, Compass Commercial

Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS, but is not warranted. Data last updated on 8/9/22.

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jessie Lee shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

©2022 San Francisco Association of REALTORS. All rights reserved. 

Data last updated 1:36 AM UTC, 8/9/22

Contact