Mike Tom Realty
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listing
1 of 5
LandFor Sale
$29,000,000
5840 Lindeman Road
Mountain House, CA 94514
Courtesy of Compass Commercial
MLS: San Francisco MLS
Est. Mortgage
$149,793/mo

5840 Lindemann Road is 360 acres of land located at the borders of Contra Costa, San Joaquin, and Alameda counties. The property has a long-term agricultural tenant and has future development potential. The property is spread across 3 parcels in Mountain House, Alameda County; and 2 parcels in Byron, Contra Costa County. Multiple sources of income provide positive cash-flow for prospective Buyers. The subject property is under lease through 2029 and has additional income streams from tenant revenue sharing, water rights, and mineral rights. The property is in the path of the rapid development of Mountain House. The property is bordered by Mountain House's master plan. The master plan for Mountain House was approved in 1994 and calls for a 5,000-acre master planned community. The master plan is composed of approximately 15,500 households spread over 12 villages and has an expected 30-40- year construction period.

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Listing Courtesy of Compass Commercial
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