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    144 Bel Meadow Dr Mount Clare, WV 26408

    View on Map
    Sponsored
    For Sale
    $2,800,000

    Mixed Use - Mount Clare, WV

    Type:Mixed Use
    Property size:
    14,500 SF
    Lot size:
    142.13 Acres
    Days on Market:
    26
    Last Refresh:
    Mar 15 at 8:06 am

    Property Features for 144 Bel Meadow Dr

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Security features
    Security System
    Zoning
    None
    Interior features
    Gas Stove Connection, washer Connection, electric Dryer Connection, icemaker Connection, wet Bar, 9ft+ Ceiling, security System
    Exterior features
    Outside Storage Area, Dumpster Area, Overhead Doors < 10', Handicap Design, Detached Signage
    Accessibility
    Accessible Approach with Ramp
    Appliances
    Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
    Size
    14,500 SF
    Lot size
    142.13 Acres

    Utilities

    Utilities
    Electricity Available
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Carpet, Carpet - Full, Tile, Tile - Ceramic
    Building materials
    Block, Frame
    Roof type
    Metal, Rubber
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Listing Contact
    JERRY POWERS

    Your Property Center Inc. dba Re/Max Property Center (304) 842-6100

    Listing agent JERRY POWERS (304) 842-6100 License #WV0007514

    Listing date Feb 17, 2026

    MLS# 10163242 Listing URL

    Copyright © 2026 North Central West Virginia Real Estate Information Network. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Championship Golf Course with Banquet Facility

    This property features an 18-hole championship golf course designed by Robert Trent Jones, Sr., situated on 142.13 acres. The property includes a 14,500 square foot clubhouse and banquet facility. The clubhouse contains a bar and dining area, a pro shop, and offices, along with men's and women's locker rooms equipped with a steam room, sauna, showers, and lockers. An addition to the clubhouse includes a stage area for entertainment. The upstairs banquet room, with a large deck overlooking the golf course, can accommodate over 150 people and includes a well-designed kitchen area. This space is suitable for various functions, including golf tournament meals, fundraisers, and weddings. The course is open to the public and has a current membership of approximately 70 members. Several golf tournaments are already booked for the 2026 season. A 6,700 square foot storage building houses the equipment needed to operate the course. Additionally, there is a residence with 3 bedrooms, 2 full baths, a large kitchen, and living and dining rooms, offering over 3,000 square feet of living space. Profit and loss statements can be provided to qualified buyers.
    Location Intelligence

    Current Use by Public Records

    Golf courses & driving ...

    Suggested Use

    Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Clare
    County
    Harrison
    State
    West Virginia
    Longitude
    -80.2711491
    Latitude
    39.1811582

    FAQs

    What type of property is this?
    Golf course & driving range - 142.13-acre golf course with clubhouse, banquet facility, and residence.
    Where is this golf course & driving range located?
    The property is located at 144 Bel Meadow Dr Mount Clare, WV.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: - Robert Trent Jones, Sr. designed 18-hole championship golf course on 142.13 acres; - 14,500 SQ FT clubhouse with bar, dining, pro shop, offices, and banquet facility; - Banquet room and large deck overlooking the golf course, accommodating over 150 people
    (304) 838-2618
    Request Owner's contact information
    144 Bel Meadow Dr Mount Clare, WV 26408
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    Mount Clare, WV 26408
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    144 Bel Meadow Dr Mount Clare, WV 26408
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    We can help!
    Listing Contact
    JERRY POWERS
    Real Estate License ID: WV0007514
    (304) 838-2618 (304) 842-6100
    Learn more
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