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    125 Chocolay Downs Golf Dr Marquette, MI 49855

    For Sale
    $1,900,000
    Property size:
    768 SF
    Added:
    Dec 11, 2024
    Days on Market:
    368

    Property Features for 125 Chocolay Downs Golf Dr

    General Information

    Property type
    Golf courses & driving ranges
    Square Feet
    768 SF
    Lot Size
    9,583,200 SF

    Building Details

    Year Built
    1982

    HighLights

    • INVESTMENT OPPORTUNITY: 18‑hole golf course near Marquette, MI.
    • Small, efficient clubhouse included.
    • Turnkey operation with positive cash flow.
    • Prime location near Marquette's tourist attractions.
    • Significant potential for revenue growth.
    • Excellent course conditions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Golf courses & driving ...

    Suggested Use

    Realty agency Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Marquette
    County
    Marquette
    State
    Michigan
    Longitude
    -87.2841960328
    Latitude
    46.484939453139

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    FAQs

    Where is this golf course & driving range located?
    The property is located at 125 Chocolay Downs Golf Dr Marquette, MI.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: INVESTMENT OPPORTUNITY: 18-hole golf course near Marquette, MI.; Small, efficient clubhouse included.; Turnkey operation with positive cash flow.
    Request Owner's contact information
    125 Chocolay Downs Golf Dr Marquette, MI 49855
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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
    125 Chocolay Downs Golf Dr Marquette, MI 49855
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