Property profile

808 Golf Course Rd Rantoul, IL 61866

OFF-MARKET
Golf courses & driving ranges
3,000 SF 180 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity awaits with this 180-acre golf course in Rantoul, Illinois, listed at $1,850,000. Boasting a 3,000 square foot main building, this fully occupied property generates a net operating income (NOI) of $150,000 annually. The property includes a pro shop and a bar and grill, catering to both local and visiting golfers. Situated on Golf Course Road, with a 3000 zoning designation, this established business benefits from its strategic location within the vibrant Rantoul community. The land value alone is estimated at $750 per acre, adding significant value to this already profitable venture. This rare opportunity allows for the creation of a unique golfing experience, capitalizing on the area's growth potential and the demand for recreational activities. The property's size and existing infrastructure provide a solid foundation for continued success and expansion. Don't miss this chance to acquire a thriving golf course in a desirable location.

Property profile

Verified
Property type Golf courses & driving ranges
Total area 3,000 SF
Lot 180 ac (7,840,800 SF)

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Golf Course
  • Golf Instructor
  • Golf Course
  • Landscaping General Contractor

Location

808 Golf Course Rd Rantoul, IL 61866
Rantoul metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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
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