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    1345 W Leonard Cir Paoli, IN 47454

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    For Sale
    $3,100,000

    Well-maintained 9-hole golf course with a refurbished restaurant.

    Property size:
    7,840 SF
    Lot size:
    66.00 Acres

    Property Features for 1345 W Leonard Cir

    General Information

    Size
    7,840 SF
    Lot size
    66.00 Acres

    Source: Real Estate Unlimited Agent Robert Dooley

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Golf Course and Restaurant

    The Green Acres Golf Course is a well-established 9-hole course and restaurant located in Southern Indiana. The course spans 66 acres and features meticulously landscaped fairways, three ponds, with the largest pond stocked with fish. Concrete cart paths, totaling 2.4 miles, provide smooth navigation around the course. The 2,400-square-foot restaurant was refurbished in 2020 and operates seven days a week. An 840-square-foot pro shop is well-equipped. Green Acres is located 15 minutes from French Lick, which offers amenities such as a casino and two 4-star hotels. The property size is 7,840 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Golf courses & driving ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Paoli
    County
    Orange
    State
    Indiana
    Longitude
    -86.451395
    Latitude
    38.555646

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    FAQs

    What type of property is this?
    Golf course & driving range - Well-maintained 9-hole golf course with a refurbished restaurant.
    Where is this golf course & driving range located?
    The property is located at 1345 W Leonard Cir Paoli, IN.
    What is the asking price?
    The asking price for this property is $3,100,000.
    What are key features of this property?
    This property features: - Well-established 9-hole golf course and restaurant.; - 66 acres of meticulously landscaped fairways and 3 ponds.; - Restaurant refurbished in 2020, busy 7 days a week.
    (812) 734-5621
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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
    1345 W Leonard Cir Paoli, IN 47454
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