Miniature Golf Course with
New
For Sale
$850,000
2630 School Lane, Green Bay, WI 54313
The property combines an 18-hole course with food service and an ice cream shop.
Property Size1,784 SF
Price / SF$476.46
Days on Market2
Property Features for 2630 School Lane
General Information
Standard status
Active
Size
1,784 SF
Property subtype
Commercial
Zoning
G2-Commercial
Additional Details
Business Included
Yes
Highway Access
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$5,381
Building Details
Building Size
1,784 SF
Year Built
2000
Buildings
1
Stories
1
Units
1
Listing Agency:
RE/MAX Lyons Real Estate
(715) 258-9565
Listed By:
Angela D. LeSage · License #90-57719
(615) 815-7860
Source:
Lamersrealty
Added: Oct 30
Changed: Oct 31
Last Checked: Oct 31 at 3:23AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Lyons Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Green Bay property includes an 18-hole miniature golf course, an on-site restaurant, and an ice cream shop. The combination brings recreation and food service together at one location. The property was built in 2000 and is zoned G2-Commercial.
School Lane provides access just off Hwy 41. The New Zoo, the Bay, and area parks are among the nearby destinations.
School Lane provides access just off Hwy 41. The New Zoo, the Bay, and area parks are among the nearby destinations.
Key Highlights
- 18‑hole miniature golf course
- On‑site restaurant and ice cream shop
- G2‑Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,405
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,100
$488.1K
Cap Rate 7%
$348,643
$348.6K
Cap Rate 9%
$271,167
$271.2K
Market Conditions
NOI Build-Up for 1,784 SF
Gross rent
$34.3K $19.20/SF
− Vacancy
−$1.7K −$0.96/SF
EGI
$32.5K $18.24/SF
− OpEx
−$8.1K −$4.56/SF
NOI
$24.4K $13.68/SF
Area
Green Bay, WI
Vacancy
5.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,100
Cap Rate 7%
$348,643
Cap Rate 9%
$271,167
Alternative Uses
Best Use
Specialty Retail
$348.6K
$305.1K – $406.8K
NOI $24,405 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$415.9K
$363.9K – $485.3K
NOI $29,115 @ 7.0% cap · market cap 3.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 54313, WI
39,911
Population
16,162
Households
2.5
Avg Household Size
43
Median Age
43%
College-Educated
97%
High-School Grad
56.5 sq mi
ZIP Area
706
Density / Sq Mi
$108,410
Median Household Income
$55,255
Median Earnings
$1,088
Median Rent
$294,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Golf course & driving range - The property combines an 18-hole course with food service and an ice cream shop.
Where is this golf course & driving range located?
The property is located at 2630 School Lane Green Bay, WI.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 18‑hole miniature golf course; On‑site restaurant and ice cream shop; G2‑Commercial zoning
