N9240 Hwy Pickerel, WI 54465
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.