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Property profile & analytics
OFF-MARKET
Mixed-use properties

6th 6Th Ave Grinnell, IA 50112

13,509 SF 111.71 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 111.71-acre property in Grinnell, Iowa, presents a unique investment opportunity. Currently operating as the Oakland Acres Golf Course, this established business boasts an 18-hole course and a substantial 13,509 square foot clubhouse. The clubhouse features an upscale bar and a golf simulator, enhancing the guest experience and providing additional revenue streams. The asking price is $1,820,000, translating to $134.72 per square foot. The property's diverse zoning allows for agricultural use, expanding potential investment avenues beyond the existing golf course operation. Located at 6th Ave W, Grinnell, IA 50112 (Poweshiek County), this property offers significant potential for both continued operation as a golf course and alternative agricultural uses. The expansive acreage and existing infrastructure provide a solid foundation for a variety of development scenarios. The property's prime location in Grinnell offers convenient access to local amenities and a strong community presence. This is a rare opportunity to acquire a well-established business with significant land holdings and diverse development potential in a desirable Iowa location. Detailed financial information and property surveys are available upon request.

Property profile
Verified
Property type Mixed-use properties
Total area 13,509 SF
Lot 111.71 ac (4,866,088 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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