Property profile

201 Deerbrook Dr Shelby, NC 28150

OFF-MARKET
Golf courses & driving ranges
18,153 SF 155 ac lot Built 1999
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Property summary

AI-generated overview

Exceptional opportunity to acquire the established Deer Brook Golf Club, a premier 18-hole championship course situated on 155 acres in Shelby, North Carolina. This meticulously maintained course boasts 6,950 yards from the longest tees, playing to a par of 72, and features a tournament-ready layout. The property includes a three-story clubhouse (21,000 sq ft) complete with an elevator, a full commercial kitchen, and a restaurant offering panoramic course views and patio seating. Ideal for events, weddings, and banquets, the clubhouse provides ample space for various functions. Additional amenities include a driving range (leased separately), practice greens, and practice traps. Built in 1999, this profitable enterprise benefits from a pro shop operated by a club golf professional. The property's 18,153 square feet of building space is spread across three stories. The favorable climate allows for year-round golf. This turnkey operation presents a unique investment opportunity in a thriving upscale residential community. The property's APN numbers are 255856047, 255858794, 255848840, 255846402, 2558459839, and 2558688915. Asking price is $4,500,000.

Property profile

Verified
Property type Golf courses & driving ranges
Year built 1999
Total area 18,153 SF
Lot 155 ac (6,751,800 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
  • Restaurant

Location

201 Deerbrook Dr Shelby, NC 28150
Shelby 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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