words: Bill, photos: LoopNet, Oregon Raceway Park
This isn’t our normal Find of the Day. We normally feature an Audi that can be a daily driver but also a whirlwind on the track…and now you can buy a track to drive your Find of the Day. For a mere $10,000,000, you can buy Oregon Raceway Park. Here’s the ad:
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.
|Price||$10,000,000||Lot Size||434.00 AC|
|Price Per SF||$1,000||Building Size||10,000 SF|
|Sale Type||Investment or Owner User||No. Stories||1|
|Property Type||Sports & Entertainment||Year Built||2008|
|Property Subtype||Race Track||Opportunity Zone||Yes|
Our Northwest Chapter runs multiple events here. We just closed our National office…I bet this place has great office space. Can you imagine owning your own racetrack? You can run by yourself or even invite a couple of hundred of your friends. If you are so inclined (and I’m looking at you, Executive Director), you can find the ad HERE.