Cleveland Motor Speedway

Special Purpose for Sale
Catylist Listing ID: 30035196
Property Subtypes: Assembly/Meeting Place, Funeral Home/Mortuary, Health Care/Medical, Jail/Correctional Facility, School/University, Senior Housing, Sports/Entertainment, Truck Terminal/Transit Facility, Other
Building Size (RSF): 5,000 SF
Gross Building Area: See Agent
Gross Land Area: 23.80 Acres
Sale Price: $1,250,000
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/2/2017

Overview / Comments

A very rare and unique opportunity to own one of the south's oldest and premier dirt race tracks.
Established in the 1950's this 1/3 mile banked clay oval track was once owned by Joe Lee Johnson, the winner of the 1st World 600 at Charlotte Motor Speedway in 1960.
The current owner has invested a large sum towards improvements, parking, bleachers, press box and concessions.
The property consists of 23.8 total acres and is also ideal for Re-Development.

Additional Details

Nearest MSA: Cleveland
County: Bradley
Tax ID/APN: 056 062.02
Zoning: COMMERCIAL HIGHWAY
Property Visibility: Excellent

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,040 23,993 53,205
Median Age: 33.52 34.62 37.53
Households: 492 8,989 20,869

Contact

© Copyright GCAR Commercial MLS. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither GCAR Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.