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Property profile & analytics
FOR SALE
Golf courses & driving ranges
341 Country Club Dr Franklin, NC 28734
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US53-5676568
For Sale
1 / 44
$2,200,000
341 Country Club Dr, Franklin, NC 28734
View Listing →
Property summary
AI-generated overview
This exceptional ±5,637 square foot restaurant and bar space is available for lease in the prestigious Mill Creek Golf Club, a gated community in Franklin, North Carolina. Located at 341 Country Club Dr, Franklin, NC 28734, this single-story, 1988-built property sits on a 5,367 square foot lot (APN: 6564675230) and is zoned C. The property boasts a large, professional kitchen, perfectly suited for a high-volume establishment. Its strategic location within the affluent Mill Creek community, coupled with its proximity to the popular Highlands area, provides access to a substantial customer base of both residents and tourists. A significant market opportunity exists due to the absence of comparable fine-dining options within a 10-mile radius. This presents a unique chance to establish a thriving restaurant or bar in a high-demand area. The property's single-tenancy structure offers complete control and operational flexibility. This is a rare opportunity to secure a prime location in a thriving community with significant growth potential. Serious inquiries are encouraged.
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
COUNTRY CLUB
Year built
1988
Construction
FRAME
Total area
5,637 SF
Lot
100.13 ac (4,361,663 SF)
Zoning code
C
APN
6564675230
UPID
US53-5676568
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
-
Mill Creek Country Club Bar & Pub Golf Course
-
Mill Creek Golf Course Maintenance Bar & Pub Golf Course
-
Sandra G. Mcconnell, LMBT Alternative Medicine Practice Spa & Massage Center
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Golf Club at Mill Creek 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
The Golf Club At Mill Creek INC · 12 yrs held
The Golf Club At Mill Creek INC
since 2013
2 recorded transactions
Zoning & alternative use
C · Franklin, NC
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 Franklin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Franklin 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
$8,714
Tax year 2023
Assessed value
$1,855,060
Assessed 2023
Previous assessed
$1,595,320
+16.3% YoY
Effective rate
0.47%
On assessed value
Assessed land
$1,051,370
Assessed improvement
$803,690
Land market value
$1,051,370
Improvement market value
$803,690
Total market value
$1,855,060
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Golf courses & driving ranges
Use group
COUNTRY CLUB
Status
For Sale
Year built
1988
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
3
Stories
1
Total area
5,637 SF
Lot
100.13 ac (4,361,663 SF)
Zoning code
C
APN
6564675230
UPID
US53-5676568
Jurisdiction
MACON
Zoning & alternative use
C · Franklin, NC
Zoning C · permitted uses
C · Franklin, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Franklin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
100.13 ac
Current owner
From public records · entity-resolved
The Golf Club At Mill Creek INC
Entity
Mailing address
8510 WHITEFIELD AVE, SAVANNAH, GA 31406-6137
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2013
$880,000
The Golf Club At Mill Creek INC
Mill Creek Country Club INC
Trustees Deed
related
$748,000 · Macon Bank INC
May 30, 2008
$2,150,000
Mill Creek Country Club INC
Mill Creek Golf Club Of Franklin In
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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