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Property profile & analytics
OFF-MARKET
Commercial real estate
270 County Rd 382 Centre, AL 35960-7806
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US03-2548511
Property summary
AI-generated overview
Exceptional investment opportunity: a fully operational 18-hole golf course spanning over 110 acres in Centre, Alabama. This established business, Cherokee Pines Golf Club, boasts a pro shop, banquet area, two kitchens, restrooms, swimming pool, cart shed, ample parking, and covered storage. The property also includes 35 individual private cart storage units, a driving range, practice green, maintenance shed, and a pump house. Significant acreage offers potential for future residential development. The course features a Yamaha cart lease (until May 2027
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Construction
WOOD
Total area
952 SF
Lot
109 ac (4,748,040 SF)
APN
13-17-01-01-2-000-058.000
UPID
US03-2548511
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
Current use
Occupant on record · Public records
-
Cherokee County Country Club Bar & Pub Golf Course
-
Cherokee Pines Golf Club Golf Course
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Cherokee Pines LLC · 3 yrs held
Cherokee Pines LLC
since 2022
Last sale
$276,164
1 recorded transaction
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Centre submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Centre submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,622
Tax year 2023
Assessed value
$24,540
Assessed 2023
Previous assessed
$24,540
+0.0% YoY
Effective rate
18.83%
On assessed value
Land market value
$121,800
Improvement market value
$900
Total market value
$122,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Construction
WOOD
Buildings
2
Stories
1
Units
1
Total area
952 SF
Lot
109 ac (4,748,040 SF)
APN
13-17-01-01-2-000-058.000
UPID
US03-2548511
Jurisdiction
CHEROKEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1970
Construction
WOOD
Stories
1
Buildings
2
Units
1
Lot
109 ac
Current owner
From public records · entity-resolved
Cherokee Pines LLC
Entity
Mailing address
270 COUNTY RD 382, CENTRE, AL 35960-7806
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2022
$276,164
Cherokee Pines LLC
Cherokee Recreation Center INC
Warranty Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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