910 Tc Northcott Blvd - Sports and Entertainment FOR SALE


Luray, VA 22835
$8,500,000 USD
434-760-1718
910 Tc Northcott Blvd, Luray, VA for Sale
$8,500,000 USD
Sports and Entertainment - FOR SALE
1/22
null | Request Cap Rate

910 Tc Northcott Blvd
Luray, VA 22835


HIGHLIGHTS

  • Beautiful Land

OVERVIEW

An extraordinary chance to acquire one of the Shenandoah Valley’s most stunning properties. Set on 348+/- acres amongst the foothills of the Blue Ridge Mountains in historic Luray, Virginia, this offering includes the Caverns Country Club and surrounding Oh, Shenandoah homesites. With over 1.25 miles of frontage on the Shenandoah River, enjoyment and opportunities abound on this scenic land. Caverns Country Club features an operating 18-hole par-72 golf course and 3900 square foot clubhouse. Designed by Hal Purdy, the course is noted for it’s beauty and is considered “A great mountain course for all skill levels,” according to Golf Digest readers. The parkland-type setting includes gently-rolling fairways and incredible vistas of the nearby mountain ranges. Course infrastructure includes an comprehensive irrigation system and maintenance barn. Oh, Shenandoah offers a residential development opportunity with over 100 county-approved subdivided lots. Current zoning will accommodate a variety of uses including single-family dwellings, multi-family dwellings, age-restricted housing, camps & campgrounds, outdoor recreation, and more. The rolling hills and open fairways of the land would lend itself to various future uses and redevelopment. The property could be re-imagined and would be an excellent site for a resort or lodging operation. Located 90 minutes from Washington, DC and less than 15 miles from Interstate 81, this property provides excellent access to travel corridors and area attractions including the George Washington National Forest, the Shenandoah National Park, and the famed Luray Caverns just two miles down the road. Other nearby conveniences include grocery, pharmacy, national retailers, Lord Fairfax Community College, the new Page Memorial Hospital, and the Luray Caverns Airport - a public use general aviation airport - just minutes away. For more information, visit cavernsccluray.com

FOR SALE DETAILS

PRICE

$8,500,000 USD

PRICE/SF

$2,441 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caverns Country Club

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

348 AC

LAND SF

15,158,880 SF

ZONING

W

APN/PARCEL ID

40B1-1-3-10,40B1-1-3-15,40B1-1-3-16,40B1-1-3-17,40B1-1-3-18,40B1-1-3-19,40B1-1-3-20,40B1-1-3-21,40B1-1-3-22,40B1-1-3-3,40B1-1-3-4,40B1-1-3-5,40B1-1-3-7,40B1-A-1,40B2-1-A,40B2-2-2-11,40B2-2-2-12,40B2-2-2-13,40B2-2-2-14,40B2-2-2-23,40B2-2-2-24,40B2-2-2-25,40B2-2-2-29,40B2-2-2-30,40B2-2-2-31,40B2-2-2-32,40B2-2-2-33,40B2-2-2-34,40B2-2-2-35,40B2-2-2-36,40B2-2-2-37,40B2-2-2-38,40B2-2-2-39,40B2-2-2-40,40B2-2-2-41,40B2-2-2-42,40B2-2-2-43,40B2-2-2-44,40B2-2-2-45,40B2-2-2-46,40B2-2-2-47,40B2-2-2-48,40B2-2-2-49,40B2-2-2-50,40B2-2-2-51,40B2-2-2-52,40B2-2-2-53,40B2-2-2-54,40B2-2-2-55,40B2-2-2-64,40B2-2-2-65,40B2-2-2-66,40B2-2-2-67,40B2-2-2-68,40B2-2-2-69,40B2-2-2-70,40B2-2-2-71,40B2-2-2-72,40B2-2-2-73,40B2-2-2-74,40B2-2-2-75,40B2-2-2-76,40B2-2-2-77,40B2-2-2-78,40B2-2-2-79,40B2-2-2-80,40B2-2-2-81,40B2-2-2-82,40B2-2-2-83,40B2-3-3-12,40B2-3-3-13,40B2-3-3-14,40B2-A-B,40B3-1-2-15,40B3-1-2-16,40B3-1-2-17,40B3-1-2-18,40B3-1-2-19,40B3-1-2-20,40B3-1-2-21,40B3-1-2-22,40B3-1-2-26,40B3-1-2-27,40B3-1-2-28,40B4-1-123,40B4-2-2-1,40B4-2-2-10,40B4-2-2-2,40B4-2-2-3,40B4-2-2-4,40B4-2-2-5,40B4-2-2-56,40B4-2-2-57,40B4-2-2-58,40B4-2-2-59,40B4-2-2-6,40B4-2-2-60,40B4-2-2-61,40B4-2-2-62,40B4-2-2-63,40B4-2-2-7,40B4-2-2-8,40B4-2-2-9

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Ronda PearlFrank Hardy Sothebys International RealtyMore Info
434-760-1718

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Ronda PearlFrank Hardy Sothebys International RealtyMore Info
434-760-1718

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.