Oregon Raceway Park is For Sale in Beautiful Location

Oregon Raceway Park is For Sale in Beautiful Location

Description:


434 Acres of Commercial Land Offered at $8,500,000 in Grass Valley, OR

https://www.loopnet.com/Listing/93811-Blagg-Ln-Grass-Valley-OR/17885062/

ABOUT 93811 Blagg Ln , Grass Valley, OR 97029
Price $8,500,000 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use Commercial
No. Lots 1 Total Lot Size 434.00 AC
Property Type Land Opportunity Zone Yes
Listing ID: 17885062
Date Created: 12/5/2019
Last Updated:
1 Lot Available
Lot
Price $8,500,000 Lot Size 434.00 AC
Price Per AC $19,585
Undulating lot

Description
This 434 Acre site (100+ undeveloped) zoned Motor Sports Park Complex (MSC-1) is situated in a qualified Opportunity Zone and Enterprise Zone.

Investment Highlights
434 Acres in Opportunity Zone
Business Opportunity
Oregon’s Premier Automotive testing facility and 2.34 mile Private Race Track

ZONING
Zoning Code MSC-1

Executive Summary
Oregon Raceway Park property and management company - Pacific Motorsports Management - For Sale.
Sale features Oregon’s Premier Automotive testing facility and Private Race Track on 434 acres of sprawling land. The 2.34 mile, bi-directional, 40' wide course features smooth, race-grade asphalt over a 16 inch road-bead in a challenging, undulating layout (with 16 turns and 400 feet of elevation change per lap) dedicated to individuals and families who are passionate about motorsports. 2 hours east of Portland traveling along the Columbia Gorge, ORP is a family destination with an array of services and amenities, including professional instruction, track-side support, premium car storage, race car rentals, private race schools for novice to experienced track enthusiasts, corporate entertainment, beautiful scenery, and private access and track days through the Oregon Raceway Park Club organization.
Fire protection storage and hydrant system in place, along with modern restrooms with showers, an aid room for EMT use, 2 pump, 2 tank above ground fuel dock, paved paddock and pre-grid areas, and a 12-bay garage building.
The 434 acre parcel includes 100+ acres of undeveloped land and is in both an Opportunity and Enterprise zone - many redevelopment and/or R&D possibilities. With multi-use permitted as part of the master plan, the property in specially zoned for its use (Motor Sports Park Complex - MSC-1). Income generating garage leases currently in place, along with a farming contract for the undeveloped portion of the property.
Property to be sold concurrently with associated business, Pacific Motorsports Management, LLC. Business financials available with signed NDA. Ownership requires that all current racetrack reservations, bookings, leases and contracts be honored.

Members profile:


Advertised by: Daniel Silvey (click here to see full profile)
Average score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votes Grade Daniel Silvey
Email: danielsilvey@kniperealty.com

Ad Details


Parking Spaces Outside 1000
Property is For Sale
Garage Spaces (put 0 if this does not apply) 12.00
Price $8,500,000 USD
Type of Race Tracks Road Course, Go Kart Track
Type of space Other, Trucking or Warehouse Space, Racing Team/Company Operations Facilities, Land or Lots (undeveloped), Garage Storage Space
Business Name Oregon Raceway Park

Website


Website https://www.loopnet.com/Listing/93811-Blagg-Ln-Grass-Valley-OR/1788...

Location


Address 93811 Blagg Ln
City Grass Valley
State OR
Postal Code 97029
Country USA

Call Me!


Phone 503-201-8537
Cell Phone 503-201-8537
Ad id: 32013803
Ad views:227
Current rating Average score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votesAverage score 8 after 1 votes Grade

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