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355 Country Club Ln - Development Land with Golf Course 11,000 SF Sports & Entertainment Building Offered at $4,688,362 CAD in Dike, IA 50624
INVESTMENT HIGHLIGHTS
- Championship 18 hole golf course
- Many value-add improvements made since 2022
- Award winning event center
EXECUTIVE SUMMARY
Locate Commercial Real Estate has been retained to offer Fox Ridge Golf Course in Dike Iowa. The 18 hole golf course complex resides on 172 acres and is made up of seven buildings including a club house, maintenance building with small office, three storage/cart sheds and two pump sheds It is currently operating as golf course and event space for weddings or corporate events The clubhouse and golf course have been substantially renovated in 2018.
Square footage does not include a finished basement that was being remodeled and includes a Trackman Simulator. The clubhouse includes a full kitchen and banquet facility. The Fox Ridge restaurant being operated in the clubhouse can supply food to the banquet facilities to cater weddings and events of 300+/- guests The golf course terrain is gently rolling with several ponds and many fairway bunkers. The golf course is a links design and operates as a daily fee golf course suited for the current use.
The potential exists for additional development within the complex along three fairways for medium and high density residential projects.
Square footage does not include a finished basement that was being remodeled and includes a Trackman Simulator. The clubhouse includes a full kitchen and banquet facility. The Fox Ridge restaurant being operated in the clubhouse can supply food to the banquet facilities to cater weddings and events of 300+/- guests The golf course terrain is gently rolling with several ponds and many fairway bunkers. The golf course is a links design and operates as a daily fee golf course suited for the current use.
The potential exists for additional development within the complex along three fairways for medium and high density residential projects.
PROPERTY FACTS
| Price | $4,688,362 CAD | Lot Size | 180.00 AC |
| Price Per SF | $426.21 CAD | Building Size | 11,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Sports & Entertainment | Year Built/Renovated | 1999/2018 |
| Property Subtype | Golf Course/Driving Range | Parking Ratio | 10/1,000 SF |
| Building Class | C | ||
| Zoning | Mixed | ||
| Price | $4,688,362 CAD |
| Price Per SF | $426.21 CAD |
| Sale Type | Investment |
| Property Type | Sports & Entertainment |
| Property Subtype | Golf Course/Driving Range |
| Building Class | C |
| Lot Size | 180.00 AC |
| Building Size | 11,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1999/2018 |
| Parking Ratio | 10/1,000 SF |
| Zoning | Mixed |
AMENITIES
- Lounge
1 1
PROPERTY TAXES
| Parcel Number | 881504151001 | Improvements Assessment | $519,755 CAD |
| Land Assessment | $120,867 CAD | Total Assessment | $640,622 CAD |
PROPERTY TAXES
Parcel Number
881504151001
Land Assessment
$120,867 CAD
Improvements Assessment
$519,755 CAD
Total Assessment
$640,622 CAD
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355 Country Club Ln - Development Land with Golf Course
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