For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $187
Subdivision None Available
MLS Listing ID 1000097743
Sold Date 10/24/19
HOA Y/N N
Originating Board MRIS
Year Built 2017
Annual Tax Amount $17,509
Tax Year 2016
Lot Size 100.000 Acres
Acres 100.0
Property Description
**Excellent Business Opportunity** Executive Golf Course Known As Willow Spring Golf Course (Located Directly Across From Howard County Fairgrounds At The Intersection of I-70 & Route 32)The property comprises approx. 100 +/- acres and is improved by a Par 62 Executive Golf Course and Lighted Driving Range continually operated since 1991, Brand New Approx. $1 million Club House (4,080 sq. ft. plus 1,320 sq. ft. patio under roof), 3,600 sq. ft Cart Building (2007), 3 Bedroom Tenant House, Repair Shops, Pump House and Starter Shed.All furniture fixtures and equipment will convey. This includes but are not limited to approx. 48 golf carts (some electric and some gas driven), modern prep kitchen equipment in the new club house, maintenance equipment such as tractors, mowers and other specialized equipment, underground irrigation system, sprinkler system in clubhouse with a 10,000 gallon pressurized storage tank, beverage cart, etc. The owners of the liquor license, The Springs Inc. will assign their interest in a 7-day Beer and Wine License to the purchasers, however the purchasers will need to apply for a liquor license and be approved by Howard County authorities. The license covers the entire course.Last SDAT full market value assessment (Dec., 2016) was $5,239,900.00, prior to construction of the new clubhouse; actual taxable assessment for real estate taxing purposes is reduced by the existing Golf Course Assessment Agreement with SDAT, which renews every 5 years. Other notable features: Each hole has 4 tee locations. In addition to a 32 stall driving range, there is a practice green and practice sand trap. There is an elevated teaching hole for golf instruction. The cart paths have an asphalt surface. The interior of the cart building can be used for special events.Note: The 100 acre property cannot be subdivided. Placed in Howard County Conservation Easement ASSET SALE ONLY. NO CURRENT FINANCIALS AVAILABLE DUE TO BUSINESS RESTART ** OWNER RETIRING
Location
State MD
County Howard
Zoning RCDEO
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Flooring Fully Carpeted
Fireplace N
Heat Source Electric
Exterior
Utilities Available Under Ground
Water Access N
View Golf Course
Roof Type Metal
Accessibility Wheelchair Mod
Road Frontage City/County
Garage N
Building
Sewer Septic Exists
Water Well
New Construction N
Schools
Elementary Schools West Friendship
Middle Schools Mount View
High Schools Marriotts Ridge
School District Howard County Public School System
Others
Tax ID 1403313417
Ownership Fee Simple
SqFt Source Estimated
Security Features Electric Alarm,Main Entrance Lock,Motion Detectors,Sprinkler System - Indoor,Resident Manager,Security Gate,Carbon Monoxide Detector(s),Smoke Detector,Security System
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Jeffrey M Berman • RE/MAX Realty Group