Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Vast Land Parcel with Development Potential Title is generated by Realmo AI

    6401 Camino Tassajara, Pleasanton, CA 94588

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    1400+ acre land parcel suitable for estate homes.

    Type:Land
    Lot size:
    1,428.00 Acres
    Added:
    Feb 12, 2025
    Days on Market:
    478
    Last Refresh:
    May 12 at 10:07 pm

    Property Features for 6401 Camino Tassajara

    General Information

    Standard status
    Active
    Lot size
    1,428.00 Acres
    Property subtype
    Land

    We can help!

    Listing Contact
    Danielle Davenport

    Listing agent Danielle Davenport License #00954910

    Listing office Keller Williams Los Gatos

    Listing date Feb 12, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Los Gatos

    HighLights

    • 1.428+/- acre private reserve offering unparalleled privacy and estate‑building opportunities.
    • Development footprint allows for two estate homes plus ADUs, ideal for custom or multigenerational living.
    • Sweeping 360‑degree views of the valley, city, and surrounding hills.
    • Zoned AG‑3, currently used as ranch land with an active grazing lease, offering potential income or agricultural pursuits.
    • Conveniently located near shopping, freeways, and schools, balancing country tranquility with accessibility.
    • Located near multimillion‑dollar estates, suggesting a desirable and upscale area.

    Overview

    This expansive property, encompassing over 1400 acres, presents an opportunity to build estate homes within a private reserve. A 4.2-acre development footprint allows for the construction of two estate homes, each with additional dwelling units. Located in the rolling hills of Tassajara Valley, the serene setting offers sweeping 360-degree views of the valley, city, and surrounding hills. Currently zoned AG-3 and used as ranch land with an active grazing lease, the property provides a blend of country tranquility and accessibility to shopping, freeways, and schools. Situated on the border of Alameda and Contra Costa Counties, just off Tassajara Road and above luxury multimillion-dollar estates, the two building sites are located near the cattle staging area. The property is under the Williamson Act in Contra Costa County, with a conservation and mitigation plan and easements in place. All three parcels are being sold together.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Suggested Use

    Real Estate Agency Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Pleasanton
    County
    Alameda
    State
    California
    Longitude
    -121.8617929
    Latitude
    37.7736085

    Nearby Similar for Sale

    • $2,398,000
      4,060 SF

      Updated Fourplex in Vintage Hills

      Turn-key fourplex with updated units and recent building upgrades.
      863 Palomino Dr, Pleasanton, CA 94566
      View Details
    • $3,200,000
      8,000 SF

      Flat Land with Detached Building

      4.84 acres with home and 8,000 sqft detached building.
      6656 Alisal St, Pleasanton, CA 94566
      View Details
    • $1,100,000

      Downtown Pleasanton Mixed-Use Lot

      Vacant lot in downtown Pleasanton, zoned for mixed-use.
      Old Bernal Ave, 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
    • $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
    • $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
    • $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
    • $4,095,000

      Downtown Pleasanton Multifamily Investment Opportunity

      Updated 10-unit residential property near downtown Pleasanton.
      187 Old Bernal Ave, Pleasanton, CA 94566
      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
    • $4,095,000
      6,168 SF

      Downtown Pleasanton Multifamily Investment Opportunity

      Updated 10-unit residential property near downtown Pleasanton.
      187 Old Bernal Ave, 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

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 1400+ acre land parcel suitable for estate homes.
    Where is this agricultural land / farmland located?
    The property is located at 6401 Camino Tassajara Pleasanton, CA.
    What is the asking price?
    The asking price for this property is $5,600,000.
    What are key features of this property?
    This property features: 1.428+/- acre private reserve offering unparalleled privacy and estate‑building opportunities.; Development footprint allows for **two estate homes plus ADUs, ideal for custom or multigenerational living.**; **Sweeping 360‑degree views of the valley, city, and surrounding hills.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Danielle Davenport
    Real Estate License ID: 00954910
    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

    Thank You for Inquiry
    6401 Camino Tassajara, Pleasanton, CA 94588
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!