275 Fm 2373 Panhandle, TX 79068
This exceptional 50-acre commercial property in Panhandle, Texas, boasts unparalleled features and significant improvements. Ideally situated with direct frontage on I-40, this prime location offers exceptional visibility and accessibility. The property includes a remarkable .91-mile asphalt track, a scaled-down replica of Istanbul's Formula 1 track, providing unique potential for various uses. Infrastructure is robust, featuring two deep wells supplying water to 80,000-gallon storage tanks, capable of filling in just four hours. A substantial 25kW electric transformer ensures ample power, while buried utilities and readily available Spectrum fiber optic internet along I-40 provide modern connectivity. Improvements also include a substantial 50' x 100' two-story building, fully air-conditioned and heated, complete with bathrooms, showers, and living quarters. This building is further enhanced by spray foam insulation for maximum energy efficiency. A secondary 30' x 40' building offers additional space, including offices, bathrooms, and party rooms. The seller is open to financing options with a 20% down payment. This unique property presents a rare opportunity for a diverse range of commercial ventures, capitalizing on its strategic location, extensive improvements, and exceptional infrastructure. The combination of high-performance track, ample water resources, and substantial building space makes this a truly remarkable offering.
-
Amarillo Kart Complex Go-Kart Track
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.