6th 6Th Ave Grinnell, IA 50112
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.