Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8278 Sassafras Court Pleasanton, CA 94566

    View on Map
    For Sale
    $1,765,000

    LAND - Pleasanton, CA

    Lot size:
    0.61 Acres
    Added:
    Mar 13, 2026
    Days on Market:
    20
    Last Refresh:
    Apr 1 at 7:06 am

    Property Features for 8278 Sassafras Court

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    RVL
    Standard status
    Active
    APN
    946458552
    Lot size
    0.61 Acres

    Utilities

    Sewer type
    Public Sewer

    We can help!

    Listing Contact
    Daniel Buffington
    Daniel Buffington

    Listing agent Daniel Buffington

    Listing office Real Estate Ebroker Inc 950 Boardwalk Ste 203, Oceanside, CA

    Listing date Mar 13, 2026

    MLS# 41127202

    Copyright © 2026 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pleasanton Homesite: Build Your Dream

    This is a rare opportunity to build a custom dream home on one of the last remaining homesites on Pleasanton's highly desirable West Side. Located on a quiet court, this exceptional 0.61-acre lot backs to over 40 acres of beautiful oak-studded woodlands, offering rare privacy and a stunning natural setting. The property includes a 1" water meter with no connection fees required and an existing sewer lateral already onsite, providing significant savings in time and development costs for builders and homeowners. Just minutes from historic downtown Pleasanton, residents enjoy easy access to award-winning restaurants, boutique shopping, parks, farmers markets, and community events. Conveniently located near Highways 580 & 680, BART, and major Bay Area employment centers. Situated within the boundaries of top-rated Pleasanton schools, this location combines natural beauty, convenience, and prestige in one of the Tri-Valley's most sought-after communities. The zoning is RVL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Accounting Firm Tech Support Center (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Alameda
    State
    California
    Longitude
    -121.885862
    Latitude
    37.625161

    Nearby Similar for Sale

    • $2,795,000

      80 Acres in Pleasanton, CA

      Rare 80-acre land parcel in prestigious Pleasanton location.
      3984 Foothill Rd, Pleasanton, CA 94588
      View Details
    • $1,688,888

      1.5 Acres in Pleasanton, CA

      1.5 acre lot near downtown Pleasanton with development potential.
      327 Linden way, Pleasanton, CA 94566
      View Details
    • $1,500,000

      Pleasanton Farm/Estate Opportunity

      46.31 acre farm/estate with views in Pleasanton, CA.
      8272 Sassafras Court, Pleasanton, CA 94566
      View Details
    • $300,000
      89,697 SF

      Hyatt House Auction Opportunity

      128-key Hyatt House in Pleasanton, CA for sale.
      4545 Chabot Dr, Pleasanton, CA 94588
      View Details
    • $295,000
      1,200 SF

      Historic Restaurant Opportunity For Sale

      Established fast food restaurant with loyal customer base.
      4223 First St, Pleasanton, CA 94566
      View Details
    • Contact for pricing
      5,202 SF

      Pleasanton Condo Near I-680/I-580

      Condo near I-680/I-580 interchange with office and warehouse space.
      6622 Owens Drive, Pleasanton, CA, 94588
      View Details
    • $3,299,000
      7 SF

      Freestanding Office Building Near Hospital

      Single-story office building suitable for medical or general office use.
      4495 Stoneridge Dr. | Pleasanton, CA 94588, CA 94588
      View Details
    • $3,850,000
      7,206 SF

      Retail Space in Stoneridge Mall

      Retail space available for lease in Pleasanton, California.
      5800 Stoneridge Mall Rd, Pleasanton, CA
      View Details
    • Contact for pricing
      2,787 SF

      Pleasanton Office and Warehouse Space

      Office and warehouse space in a vibrant Pleasanton location.
      425 Boulder Ct Ste 100, Pleasanton, CA 94566
      View Details
    • $2,695,000

      Prime Commercial Land in Pleasanton

      1.17-acre commercially zoned lot in a sought-after commercial district.
      Utah St, Pleasanton, CA 94566
      View Details
    • $2,850,000
      7,500 SF

      Light Industrial Condo For Sale

      7,500 SF light industrial condo with 24' clear height.
      440 Boulder Ct, Pleasanton, CA
      View Details
    • $9,200,000
      3,612 SF

      Fuel Station & Car Wash Investment

      High-visibility fuel station, car wash, and convenience store for sale.
      3192 Santa Rita Rd, Pleasanton, CA 94566
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Rare homesite in Pleasanton's desirable West Side.
    Where is this residential land & home lot located?
    The property is located at 8278 Sassafras Court Pleasanton, CA.
    What is the asking price?
    The asking price for this property is $1,765,000.
    What are key features of this property?
    This property features: Rare opportunity to build a custom home on a desirable West Side lot backing to 40+ acres of oak‑studded woodlands, offering exceptional privacy and a natural setting.; Includes a 1" water meter (no connection fees) and existing sewer lateral, saving significant time and development costs.; Located in top‑rated Pleasanton school district.
    (925) 337-7617
    We can help!
    Listing Contact
    Daniel Buffington
    Daniel Buffington
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!