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    N9240 Hwy Pickerel, WI 54465

    For Sale
    $1,400,000

    9-Hole Course, 79 Acres, WI

    Property size:
    2,200 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    Nestled in the heart of Pickerel, Wisconsin, this exceptional investment opportunity presents a thriving 9-hole golf course spanning 79 acres. The property boasts a 2,200 square foot clubhouse, complete with a pro shop catering to golfers' needs and a comfortable space for relaxation and refreshments. The course itself is designed to be enjoyable for golfers of all skill levels, offering a manageable yet engaging challenge. Its welcoming atmosphere fosters a strong sense of community, attracting both local residents and tourists exploring the Northwoods region. The course's strategic location on Highway 55 ensures easy accessibility. The property's consistent hosting of local events and tournaments throughout the year generates additional revenue streams and strengthens its position within the community. A dedicated practice area allows golfers to refine their skills. This turnkey operation presents a unique opportunity for an investor seeking a profitable venture in a desirable location. The asking price for this established and well-regarded golf course is $1,400,000. This represents a significant opportunity to acquire a profitable business with strong community ties and considerable growth potential. The property's size and established infrastructure provide a solid foundation for continued success and expansion.

    Property Features for N9240 Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,200 SF
    Lot Size
    3,441,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pickerel
    County
    LANGLADE
    State
    Wisconsin
    Longitude
    -88.8989
    Latitude
    45.3837

    Nearby Similar for Sale

    • $375,000
      2,100 SF

      Pickerel Lake Lodge Investment

      Iconic Northwoods Waterfront Business
      8915 Pickerel Lake Rd, Pickerel, WI 54465
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 9-Hole Course, 79 Acres, WI
    Where is this commercial real estate located?
    The property is located at N9240 Hwy Pickerel, WI.
    What is the asking price?
    The asking price for this property is $1,400,000.
    (715) 365-3000
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    Realmo Value Estimation

    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.

    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.

    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
    N9240 Hwy Pickerel, WI 54465
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