2430 Us-169, Winterset, IA 50273
This exceptional opportunity encompasses a well-established motocross raceway situated on a sprawling 35.16-acre lot in Madison County, Iowa. The property, located at 2430 US-169, Winterset, IA 50273, includes two buildings on a single story, and boasts a Class B rating. The sale includes all necessary equipment for maintaining and operating the track, including a Cat D5C9 Dozer, Kubota Mower Rck60p 331z, John Deere 4440 and 4440p tractors, a John Deere Skid Steer, Cat Brush Hog, Combo Plane, Skid Tiller, Ford Water Truck, Ford Tractor, 12 ft wide cultivator, Kawasaki Mule, Cross Terrain 5h Wheel Travel Trailer, a 40-rider hydraulic starting gate, a comprehensive PA system, announcer and scoring tower, plus an array of tools, pumps, and hoses. The sale also includes the Riverside Raceway LLC, all associated special use permits (in perpetuity), websites, and social media accounts. The property is zoned C-Commercial and offers immediate possession, with an occupancy date of August 29, 2024. Adjacent to the Middle River and conveniently located a couple of miles from Winterset, this turnkey operation presents a unique investment opportunity for an owner/user. The asking price is $590,000, with a land value of $16,781 per acre. This is a rare chance to acquire a profitable, established business with significant land holdings in a desirable location.
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.