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    9998 Carroll Rd Livermore, CA 94551

    Sponsored
    For Sale
    $9,500,000

    532 acres, Ag/Wind zoning, investment opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 532-acre property, located just east of Livermore, California, presents a unique investment opportunity. Situated in Alameda County's pre-designated Altamont Pass Wind Resource Area, this expansive land parcel offers significant potential for renewable energy development, including wind or solar generation projects. The property's history includes operational windmills, further supporting its suitability for such ventures. Additional possibilities include large-scale battery storage, an electric charging station for heavy-duty vehicles, or endangered species mitigation projects. Beyond renewable energy, the land's agricultural zoning allows for traditional uses such as cattle ranching. Currently, the property generates income through a long-term lease agreement with a cellular telecommunications company and a separate cattle grazing lease. Convenient access is provided via Carroll Road (off I-580) or Altamont Pass Road. The approximately 516 acres of contiguous ranch land boast views extending from Tracy to Pleasanton. The property comprises six separate parcels, identified by the following APNs: 99B-6300-3-1, 99B-6300-3-2, 99B-6300-3-3, 99B-6500-2-1, 99B-6425-2-4, and 99A-1780-1--5. The asking price for this substantial land holding is $9,500,000.

    Property Features for 9998 Carroll Rd

    General Information

    Property type
    Farms
    Lot Size
    23,173,920 SF

    HighLights

    • $9,500,000 asking price for 532 acres of agricultural land.
    • Located in Livermore, CA (Alameda County), with access from Carroll Road (off I‑580) or Altamont Pass Road.
    • Zoned Ag/Wind Resource, ideal for renewable energy projects (wind or solar).
    • Includes six parcels (APN: 99B‑6300‑3‑1, 99B‑6300‑3‑2, 99B‑6300‑3‑3, 99B‑6500‑2‑1, 99B‑6425‑2‑4, 99A‑1780‑1--5).
    • Currently generates income from cellular telecommunications and cattle leases.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Livermore
    County
    Alameda
    State
    California
    Longitude
    -121.6628079
    Latitude
    37.7198367

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    FAQs

    What type of property is this?
    Farm - 532 acres, Ag/Wind zoning, investment opportunity.
    Where is this farm located?
    The property is located at 9998 Carroll Rd Livermore, CA.
    What is the asking price?
    The asking price for this property is $9,500,000.
    What are key features of this property?
    This property features: $9,500,000 asking price for 532 acres of agricultural land.; Located in Livermore, CA (Alameda County), with access from Carroll Road (off I-580) or Altamont Pass Road.; Zoned Ag/Wind Resource, ideal for renewable energy projects (wind or solar).
    Request Owner's contact information
    9998 Carroll Rd Livermore, CA 94551
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    Livermore, CA 94551
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    Realmo Value Estimation

    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.

    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.

    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
    9998 Carroll Rd Livermore, CA 94551
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