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    4490 Us-212 Montevideo, MN 56265

    Sponsored
    For Sale
    $950,000

    18-Hole Championship Course, Prime Location

    Property size:
    6,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 130-140 acre golf course property, located at 4490 US-212, Montevideo, MN 56265, presents a unique investment opportunity. The property includes an 18-hole championship course, originally built in 1923 and expanded in 1994, taking full advantage of the scenic Minnesota River Valley landscape. The course features rolling hills, challenging greens, and strategically placed sand traps, appealing to golfers of all skill levels. Amenities include a driving range, putting greens, a pro shop, and a recently remodeled (3 years ago) restaurant and event space perfect for hosting various functions. Four buildings are situated on the property, including a cart barn with ample storage and a substantial maintenance facility. The course boasts a loyal membership base and a thriving event schedule. The clubhouse features approximately 6,000-8,000 square feet of space with 15-foot ceilings. A fleet of 30 golf carts is included in the sale. The property is zoned commercial and sits within two minutes of downtown Montevideo, a growing community of approximately 7,000 residents. The APN numbers are 10-0098-000, 17-219-2010, 17-218-3010, 10-0031-000, and 10-0032-010. This is a turnkey operation with significant potential for growth and profitability. The asking price is $950,000.

    Property Features for 4490 Us-212

    General Information

    Property type
    Golf courses & driving ranges
    Square Feet
    6,000 SF
    Lot Size
    5,662,800 SF

    Building Details

    Buildings
    4
    Stories
    1

    HighLights

    • Exceptional investment opportunity with strong potential for ROI.
    • Prime location in a high‑growth market, offering excellent visibility and accessibility.
    • Modern, well‑maintained building with efficient floor plans and updated systems.
    • Significant upside potential through lease‑up or value‑add renovations.
    • Strong tenant base with long‑term leases providing stable cash flow.
    Property Profile Location Intelligence

    Current Use by Public Records

    Golf courses & driving ...

    Map

    City
    Montevideo
    County
    Lac qui Parle
    State
    Minnesota
    Longitude
    -95.7389344
    Latitude
    44.934219

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    FAQs

    What type of property is this?
    Golf course & driving range - 18-Hole Championship Course, Prime Location
    Where is this golf course & driving range located?
    The property is located at 4490 Us-212 Montevideo, MN.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity with strong potential for ROI.; Prime location in a high-growth market, offering excellent visibility and accessibility.; Modern, well-maintained building with efficient floor plans and updated systems.
    Request Owner's contact information
    4490 Us-212 Montevideo, MN 56265
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    Montevideo, MN 56265
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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
    4490 Us-212 Montevideo, MN 56265
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