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    1300 SE 3Rd Ave Miller, SD 57362

    For Sale
    $399,900

    COMMERCIAL - Miller, SD

    Lot size:
    40.30 Acres
    Days on Market:
    220
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1300 SE 3Rd Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    6878
    Lot size
    40.30 Acres

    Building Details

    Year built
    2006
    Flooring type
    Concrete
    Building materials
    Frame, Masonry, Metal Siding
    Roof type
    Metal

    Faith Realty Brokers, LLC (605) 453-0006 [email protected]

    Listing agent Jolene R Haun

    Listing date Apr 30, 2025

    MLS# 22501039 Listing URL

    Copyright © 2025 Realtor Association of the Sioux Empire MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Miller Central Speedway Commercial Opportunity

    The Miller Central Speedway presents a commercial opportunity in Miller, South Dakota. The property spans 40.30 acres and features a 3/8 mile dirt semi-banked oval track, located just outside of city limits. The speedway is a turn-key operation with updates to buildings and equipment, as well as sponsor sign space. Buildings include a heated Main Concession Stand and Restroom building constructed in 2005, a Crow's Nest and Ticket Booth built in 2016, a Concession Stand in the Pits built in 2022, and a Walk-In Freezer/Cooler/Storage built in 2023. The speedway incorporates a transponder system and computers installed in 2016, along with a Daktronics Lap counter. Saturday nights during the season feature WISSOTA Street Stocks, Super Stocks, Modifieds, A-Mods, Late Models, and UCARs (pure stocks), as well as Sprint Cars on occasion. This venue is suited for race enthusiasts and entertainment seekers.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Race tracks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miller
    County
    Hand
    State
    South Dakota
    Longitude
    -98.982599
    Latitude
    44.502022

    Nearby Similar for Sale

    • $552,000
      4,000 SF

      Versatile Commercial Property Near Highway

      2.58-acre commercial property with shop, Quonset, and RV hookups.
      1603 N Broadway Ave, Miller, SD 57362
      View Details
    • $450,000
      1,755,468 SF

      Miller Central Speedway: Prime Retail

      Thriving Speedway, 40 Acres, Turn-Key
      1300 3Rd Ave, Miller, SD 57362
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    FAQs

    What type of property is this?
    Race track - Turn-key race track and entertainment venue in Miller, SD.
    Where is this race track located?
    The property is located at 1300 SE 3Rd Ave Miller, SD.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Turn-key Speedway: Ready for immediate operation with recent updates to buildings and equipment.; - Strategic Location: Situated on 40.30 acres just outside city limits of Miller, SD.; - Updated Facilities: Includes heated Main Concession Stand/Restrooms (2005), Crow's Nest/Ticket Booth (2016), Pit Concession Stand (2022), and Walk-In Freezer/Cooler/Storage (2023).
    (605) 453-0006
    Request Owner's contact information
    1300 SE 3Rd Ave Miller, SD 57362
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    Miller, SD 57362
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1300 SE 3Rd Ave Miller, SD 57362
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