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Property profile & analytics
OFF-MARKET
Commercial real estate

N9240 Hwy Pickerel, WI 54465

2,200 SF 79 ac lot
Property ID
Property summary
AI-generated overview

Nestled in the heart of Pickerel, Wisconsin, this exceptional investment opportunity presents a thriving 9-hole golf course spanning 79 acres. The property boasts a 2,200 square foot clubhouse, complete with a pro shop catering to golfers' needs and a comfortable space for relaxation and refreshments. The course itself is designed to be enjoyable for golfers of all skill levels, offering a manageable yet engaging challenge. Its welcoming atmosphere fosters a strong sense of community, attracting both local residents and tourists exploring the Northwoods region. The course's strategic location on Highway 55 ensures easy accessibility. The property's consistent hosting of local events and tournaments throughout the year generates additional revenue streams and strengthens its position within the community. A dedicated practice area allows golfers to refine their skills. This turnkey operation presents a unique opportunity for an investor seeking a profitable venture in a desirable location. The asking price for this established and well-regarded golf course is $1,400,000. This represents a significant opportunity to acquire a profitable business with strong community ties and considerable growth potential. The property's size and established infrastructure provide a solid foundation for continued success and expansion.

Property profile
Verified
Property type Commercial real estate
Total area 2,200 SF
Lot 79 ac (3,441,240 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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