Property summary
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 profile
VerifiedCap rate & NOI
Current use
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Golf Course
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
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- Location Intelligence
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- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning