Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    3851 Frst Grv Rd Le Claire, IA 52753

    For Sale
    $1,350,000

    1.95-acre commercial land with existing income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    Exceptional investment opportunity: This 1.95-acre commercial property in Le Claire, Iowa, features a former Pebble Creek Golf Course clubhouse currently generating $12,000 per month in rental income from two existing leases. One lease utilizes a portion of the building for office space, while the other operates it as a banquet hall. The property is zoned C and benefits from convenient cross-easement parking shared with neighboring Jerry's and 5 Cities Brewery. This prime location offers significant potential for future development or continued income generation from the existing leases. Note that the adjacent 89.51-acre former golf course is also available for separate purchase. This presents a unique chance to acquire a valuable commercial property with immediate cash flow and significant upside potential in a desirable Iowa location. Detailed financial information and lease agreements are available upon request. The property address is 3851 Forest Grove Road, Le Claire, IA 52753. Asking price is $1,350,000.

    Property Features for 3851 Frst Grv Rd

    General Information

    Property type
    Land
    Lot Size
    84,942 SF

    Building Details

    Buildings
    1

    HighLights

    • Investment opportunity: Former Pebble Creek Golf Course Clubhouse on 1.95 acres in Le Claire, IA.
    • Two existing leases provide $12,000/month in rental income; one for office space, one for a banquet hall.
    • Convenient cross‑easement parking shared with neighboring Jerry's and 5 Cities Brewery.
    • Adjacent 89.51‑acre former golf course available for separate purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Le Claire
    County
    Scott
    State
    Iowa
    Longitude
    -90.3946682
    Latitude
    41.5871376

    Nearby Comparable

    • $300,000
      5,200 SF

      Le Claire Commercial Maintenance Facility

      Maintenance facility with potential for rezoning in Le Claire, Iowa.
      408 SW 35Th St, Le Claire, IA 52753
      View Details
    • $300,000
      1.45 Acres

      Le Claire Commercial Land - $300K

      1.45-acre commercial lot with building.
      408 35Th St, Le Claire, IA 52753
      View Details
    • $2,172,375
      45.71 Acres

      Prime Iowa Development Land

      45 Acres, Agricultural Zoning, $2.1M
      00 Wl Fry Rd, Pleasant Valley, IA 52767
      View Details
    • $816,750
      18.75 Acres

      Prime Bettendorf Farmland - 18.75 Acres

      Iowa farmland, Hwy 67 access, I-2 zoning.
      0 244Th Ave, Bettendorf, IA 52722
      View Details
    • $399,999
      3,654 SF

      Riverfront Condo with Private Dock

      Unique condo with Mississippi River views, private dock, and amenities.
      126 9Th St, Hampton, IL 61256
      View Details

    Nearby Similar for Sale

    • New
      $500,000

      Pebble Creek Golf Course Opportunity

      89+ acre golf course near Bettendorf, Iowa for sale.
      000 Forest Grove Dr, Le Claire, IA 52753
      View Details
    • $300,000
      5,200 SF

      Le Claire Commercial Maintenance Facility

      Maintenance facility with potential for rezoning in Le Claire, Iowa.
      408 SW 35Th St, Le Claire, IA 52753
      View Details

    FAQs

    What type of property is this?
    Land - 1.95-acre commercial land with existing income.
    Where is this land located?
    The property is located at 3851 Frst Grv Rd Le Claire, IA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Investment opportunity: Former Pebble Creek Golf Course Clubhouse on 1.95 acres in Le Claire, IA.; Two existing leases provide $12,000/month in rental income; one for office space, one for a banquet hall.; Convenient cross-easement parking shared with neighboring Jerry's and 5 Cities Brewery.
    (563) 344-4295
    Request Owner's contact information
    3851 Frst Grv Rd Le Claire, IA 52753
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3851 Frst Grv Rd
    Le Claire, IA 52753
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    3851 Frst Grv Rd Le Claire, IA 52753
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.