Golf Course & Business Opportunity

Special Purpose for Sale
Catylist Listing ID: 30344415
Property Subtypes: Sports/Entertainment
Building Size (RSF): 10,728 SF
Gross Land Area: 27 Acres
Sale Price: $1,800,000
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 10,728 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/9/2019

Overview / Comments

A true one of a kind business and development opportunity! Explore this property and discover the potential. Lone Oak Golf Course wishes to participate in a new future for the property. The Golf Course leaders desire to protect the integrity of the neighborhood by keeping the golf course thriving into the future while creating a development opportunity for identified underutilized land throughout the course design. The opportunity exists for a creative developer to utilize the clubhouse and pool for existing members as well as future homeowners by spurring residential development. The forward thinking of the Lone Oak board of directors with this offering will be to the benefit of new residences and to the stability of the existing homes. Excitement is an understatement!

Attachments & Media

Additional Details

Nearest MSA: Lexington-Fayette
County: Jessamine
Tax ID/APN: 045-00-00-096.00
Zoning: POTENTIAL REZONE TO RESIDENTIAL OR OTHER
Property Visibility: Excellent
Property Condition: Excellent
Construction/Siding: Brick
Parking Type: Surface
Part of Planned Development?: Yes

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,957 32,656 44,992
Median Age: 33.74 34.56 35.25
Households: 2,602 12,096 16,217
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