Property profile

9998 Carroll Rd Livermore, CA 94551

OFF-MARKET
Land
Property ID
US09-9378934
532 ac lot
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Property summary

AI-generated overview

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 profile

Verified
Property type Land
Lot 532 ac (23,173,920 SF)
UPID US09-9378934

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9998 Carroll Rd Livermore, CA 94551
Livermore metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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