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    245 Columbia Ave Battle Creek, MI 49015

    Sponsored
    For Sale
    $1,899,000

    134-acre golf course, redevelopment potential.

    Property size:
    20,940 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 134.12-acre property, known as the Riverside Golf Course & Banquet Center, presents a unique investment opportunity in Battle Creek, Michigan. The existing 18-hole golf course boasts 20,940 square feet of building space, distributed across four buildings, and was originally constructed in 1927. Currently operating as a profitable golf course in pristine condition, the property offers significant upside potential for experienced or first-time golf course operators. The property's zoning (RA1) allows for a variety of uses. Its strategic location, a short distance from downtown Battle Creek and I-94 (the main route between Detroit and Chicago), provides excellent accessibility. Furthermore, its proximity to the new EV plant in Marshall and Fort Custer Park makes it ideally situated to capitalize on the growing demand for mixed-use housing and commercial development in an underserved market. The asking price is $1,899,000, translating to $90.69 per square foot. This presents a rare chance to acquire a substantial property with both immediate income potential and significant long-term redevelopment possibilities.

    Property Features for 245 Columbia Ave

    General Information

    Property type
    Golf courses & driving ranges
    Square Feet
    20,940 SF
    Lot Size
    5,842,267 SF

    Building Details

    Year Built
    1927
    Buildings
    4

    HighLights

    • 134.12‑acre Riverside Golf Course & Banquet Center in Battle Creek, MI, offering a profitable, 18‑hole course with 20,940 SF of building space across four buildings.
    • Pristine condition with significant upside potential for golf course operators.
    • RA1 zoning allows for diverse uses, including redevelopment.
    • Excellent location near downtown Battle Creek, I‑94, a new EV plant, and Fort Custer Park, catering to growing housing and commercial demand.
    • Asking price: $1,899,000 ($90.69/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Riverside Golf Club ... Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Battle Creek
    County
    Calhoun
    State
    Michigan
    Longitude
    -85.184547472389
    Latitude
    42.298459378664

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    FAQs

    What type of property is this?
    Golf course & driving range - 134-acre golf course, redevelopment potential.
    Where is this golf course & driving range located?
    The property is located at 245 Columbia Ave Battle Creek, MI.
    What is the asking price?
    The asking price for this property is $1,899,000.
    What are key features of this property?
    This property features: 134.12-acre Riverside Golf Course & Banquet Center in Battle Creek, MI, offering a profitable, 18-hole course with 20,940 SF of building space across four buildings.; Pristine condition with significant upside potential for golf course operators.; RA1 zoning allows for diverse uses, including redevelopment.
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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
    245 Columbia Ave Battle Creek, MI 49015
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