Property profile

250 Church St Mishicot, WI 54228

OFF-MARKET
Commercial real estate
Property ID
US92-1708414
10.93 ac lot
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Exceptional investment opportunity in a distressed sale presents the Par 5 Golf Resort, a premier hospitality destination nestled in Mishicot, Wisconsin. This fee-simple property boasts 45 holes of championship golf across two courses (Fox Creek - 27 holes and The National - 18 holes), a 102-room hotel complete with an indoor pool, jacuzzi, and fitness center, and a substantial 19,714 square foot conference center capable of hosting 460 guests. A separate 11,400 square foot restaurant complements the resort's amenities. The property sits on a sprawling 362-acre lot and comprises seven buildings, totaling 19,714 square feet of rentable space. Built in 1964, the resort has undergone significant renovations in 1978, 1988, and most recently in 2020, with nearly $1.2 million invested in upgrades. Currently operating at 100% occupancy, the property is zoned for mixed use and presents a unique value-add opportunity. The sale is under Chapter 128 receivership, and all cash offers with minimal contingencies will be given preference. Located just 35 minutes from Green Bay, this resort enjoys proximity to major Wisconsin tourism areas, including Sheboygan and Door County, offering significant potential for revenue growth. The auction date is set for November 8th at 10 AM. Interested parties are encouraged to submit qualified bids prior to the auction.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 10.93 ac (476,111 SF)
APN 35-005-009-001.00
UPID US92-1708414

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
  • Hotel & Motel
  • Golf Course
  • Hotel & Motel Resort
  • Restaurant

Location

250 Church St Mishicot, WI 54228-9788
Mishicot metro Census 10100 MANITOWOC, WI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.78M

Owner & transaction history

since 2019
Last sale
$2.7M
1 recorded transaction
2019
$2.7M

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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