Property profile

4490 Us-212 Montevideo, MN 56265

OFF-MARKET
Golf courses & driving ranges
6,000 SF 130 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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 profile

Verified
Property type Golf courses & driving ranges
Total area 6,000 SF
Lot 130 ac (5,662,800 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4490 Us-212 Montevideo, MN 56265
Montevideo metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4490 Us-212?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message