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431 New Castle Farm Rd
Mebane, NC 27302
Country Residence (Gun Range) (64.4 acres) · Land For Sale · 64.44 AC

INVESTMENT HIGHLIGHTS

  • Private ranch style setting
  • Multiple revenue streams offered by this destination business, three additional features are being prepared to generate more income
  • Centrally located between the Triangle and Triad Regions on newly expanded and refinished NC 119 - 25 minutes to the new Caesars Virginia Casino!!!

PROPERTY FACTS

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Specialty, Festival or Entertainment
  • Storefront, Retail or Residential
  • Pasture Ranch
  • Timberland
  • Single Family Residence
Total Lot Size 64.44 AC
No. Stories 1
Zoning None - No zoning restrictions

DESCRIPTION

This 64-acre, 5-lot property is fully groomed like an estate, and – no doubt - brings in the revenue. This is one of North Carolina's top-rated, full-service outdoor shooting ranges, and perhaps the most beautiful! This property is much more than an investment, it’s a lifestyle! Work and live at beautiful Bassi Ranch in rural Caswell County, a private facility with a long list of amenities! Fiber optic Internet service is onsite, one residential line and the other for business. Three alternate residential build sites are available within this property and have their own gates. The entire property is already subdivided into five separate lots. Low taxes, no zoning restrictions. Serious inquiries only! This meticulously designed and managed property is being sold as a residence with full disclosure. Existing like-new, raised-ranch-style house comes furnished and has 1,800 SF of living space, 3-4 bedrooms, 2 bathrooms, 9-foot coffered ceilings, granite kitchen counter-tops, gas stove and fireplace, and much more. Well worth a tour. Best feature yet, this ranch is financially self-sustaining, current revenue supports six employees, grounds maintenance, utilities and facilities, with significant net profit remaining. Depending upon how you choose to manage this property, there's minimal overhead and maximum margins. Any initial inquiries or concerns may be answered prior to submitting an offer. Financials will be shared as a buyer’s contingency upon submission and acceptance of a written offer, along with a signed NDA. It is the buyer’s prerogative to conduct any business due diligence or business valuation either before or subsequent to the review of financials from the seller. All potential buyers must demonstrate adequate funds before negotiation. An earnest money deposit of 2% is required on all offers, with a $10K forfeiture if all contingencies are met by the seller and the buyer's offer withdrawn before the closing date. This property is unique. It is designed as a world-class private shooting facility and will most likely require a special buyer who knows and appreciates firearms if they intend to retain the existing business and its membership. If not, there are many fall-back businesses that can host a number of additional revenue streams. There are multiple structures on the property which serve various functions. More than 2 miles of conduit, cabling, and utility lines are already buried for future growth, along with 4 miles of groomed hiking trails. Owner is willing to assist in setting up a transition period to help preserve the business flow. The current shooting club was established in 2016 and has a robust, solid membership. All range permits are current with the county. An on-site tour is highly encouraged. Bassi Ranch is centrally located between the Triad and Triangle Regions, within an hour from the cities of Winston-Salem, Greensboro, High Point, Burlington, Chapel Hill, Hillsborough, Raleigh and Durham. Both the Piedmont Triad International Airport in Greensboro NC and the Raleigh-Durham International Airport are only an hour away. This location is ideally situated to enjoy years of future growth as each of these major cities continue expanding toward a central point creating an encircled customer base of more than 3 million people!!! Strategic Growth: Bassi Ranch is only 20 minutes from the Virginia border, next to Danville - home of the new Caesars Virginia Resort & Casino!!! And, yes, most of the traffic must drive right past Bassi Ranch! Contact Clint Hilbert directly at +1.336.340.1617 for information on this exclusive property!

  • Listing ID: 29509424

  • Date on Market: 9/13/2023

  • Last Updated:

  • Address: 431 New Castle Farm Rd, Mebane, NC 27302

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