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2035 James Monroe Hwy Colonial Beach, VA 22443

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For Sale
$3,500,000

Turnkey motorsports business opportunity with loyal customer base.

Lot size:
47.38 Acres

Property Features for 2035 James Monroe Hwy

General Information

Property type
Commercial
Standard status
Active
Lot size
47.38 Acres

Building Details

Year built
1970

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Listing Contact
Cynthia D Fowler
Source: Elliman

Listing Agent: Cynthia D Fowler

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Thriving Racetrack in Prime Location

This is an opportunity to acquire Smith Bros. Dragway LLC (Custom T’s Motorsports Parkway, LLC. Inc), a multi-million-dollar enterprise. The racetrack is situated in the heart of the DMV area, an hour's drive to DC and Richmond, 45 minutes to Fredericksburg, and 4 miles to Colonial Beach. Baltimore, the Eastern Shore, Tidewater, Philadelphia, and NYC are within convenient reach, providing access to a population exceeding 9 million people. This racing facility spans over 45 acres and features a 1/8-mile dragstrip, established in 1963. Under the ownership of Larry Thompson since 2018, the venue has an impeccable reputation for customer service, fostering a loyal following of enthusiasts and racers. Custom T’s is a premier motorsports destination on the East Coast, having hosted racing personalities and Grammy-nominated artists. The track has garnered media coverage from industry giants. This turnkey offering includes all essential amenities and infrastructure to continue operations, including a fully-equipped kitchen, track maintenance equipment, sheds, and office trailers. The track will remain open for business during the sale period.
Location Intelligence

Current Use by Public Records

Race tracks

Suggested Use

Big Box & Wholesale Store Auto Repair Shop Storage Facility Food Market Electrical Service Parking Lot & Garage

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

Location Insight

  • Map
  • Local Demand
City
Colonial Beach
County
Westmoreland
State
Virginia
Longitude
-77.0173848
Latitude
38.2179154

FAQs

What type of property is this?
Race track - Turnkey motorsports business opportunity with loyal customer base.
Where is this race track located?
The property is located at 2035 James Monroe Hwy Colonial Beach, VA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Turnkey motorsports business opportunity with all essential amenities and infrastructure included.; - Prime location in the heart of the DMV area, easily accessible to major cities, reaching a population exceeding 9 million.; - Established and reputable racing facility with a loyal customer base and a history dating back to 1963.
More about this property
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