Mountain House, CA
Status: For Sale
Price Per Acre: $80,332
In addition to the prime location for future development, the property is leased until May 2029 to a commercially permitted hemp grower for a base annual rent of $675,000 and profit-sharing percentage with significant upside. The tenants have been leasing the property since 2017. The existing lease has two (2) periods of five (5) year options to extend for a maximum date of May 2039.
The property is located on the northwest side of Lindemann Rd & Byron Rd. Property Address: 5840 Lindemann Rd, Mountain House, CA 95391
Alameda County APN’s: 99B-7150-10-11, 12, 13. And Contra Costa Co. APN’s: 001-061-006 & 007
The property is in Alameda County Flood Control District Zone 7 & County of Contra Costa GSA and has riparian rights through the Delta- Mendota Canal via two lift pumps. There is a domestic well supplying water to the house & shops.