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    355 Country Club Ln Dike, IA 50624

    Sponsored
    For Sale
    Contact for pricing

    172-Acre Golf Course & Event Venue

    Property size:
    19,827 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Exceptional investment opportunity: Fox Ridge Golf Course, a thriving 18-hole course situated on 172 acres in Dike, Iowa (50624). This special purpose property includes seven buildings totaling 19,827 square feet, encompassing a clubhouse with a full kitchen and banquet facility capable of hosting 300+ guests, a maintenance building with a small office, three storage/cart sheds, and two pump sheds. Substantial renovations were completed in 2018, enhancing both the clubhouse and the course itself. The clubhouse features a finished basement (excluding a remodeled area) and a Trackman simulator. The on-site restaurant caters to both the golf course and the banquet facilities, supporting weddings and corporate events. The gently rolling terrain of the links-style course is punctuated by several ponds and numerous fairway bunkers. Currently operating as a daily fee course, this property presents significant potential for further development. Three fairways offer promising locations for medium and high-density residential projects, expanding the property's value and utility. This unique combination of established recreational use and substantial development land makes Fox Ridge Golf Course a compelling investment prospect.

    Property Features for 355 Country Club Ln

    General Information

    Property type
    Golf courses & driving ranges
    Square Feet
    19,827 SF

    Building Details

    Year Renovated
    2018
    Buildings
    1

    HighLights

    • Special Purpose Property: 19,827 SF Golf Course & Event Venue on 172 acres in Dike, IA.
    • 18‑hole golf course with clubhouse, maintenance building, and storage sheds.
    • Substantially renovated in 2018, including a clubhouse with full kitchen and banquet facility (capacity 300+).
    • Features a Trackman simulator and potential for residential development.
    • Located at 355 Country Club Ln, Dike, IA 50624.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fox Ridge Public ... Golf Course

    Suggested Use

    Realty agency Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Bar & Pub Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dike
    County
    Grundy
    State
    Iowa
    Longitude
    -92.612105
    Latitude
    42.4679492

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    FAQs

    What type of property is this?
    Golf course & driving range - 172-Acre Golf Course & Event Venue
    Where is this golf course & driving range located?
    The property is located at 355 Country Club Ln Dike, IA.
    What are key features of this property?
    This property features: Special Purpose Property: 19,827 SF Golf Course & Event Venue on 172 acres in Dike, IA.; 18-hole golf course with clubhouse, maintenance building, and storage sheds.; Substantially renovated in 2018, including a clubhouse with full kitchen and banquet facility (capacity 300+).
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    355 Country Club Ln Dike, IA 50624
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    Dike, IA 50624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    355 Country Club Ln Dike, IA 50624
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