9998 Carroll Rd Livermore, CA 94551
- Commercial real estate
- 532.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 9998 Carroll Rd
- Lot size
- 532.00 lot acres
- Property type
- Commercial real estate
- 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
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Livermore
- County
- Alameda
- State
- California
- Longitude
- -121.6628079
- Latitude
- 37.7198367
