2430 Us-169 Winterset, IA 50273
- Commercial real estate
- 35.16 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 2430 Us-169
- Lot size
- 35.16 lot acres
- Property type
- Commercial real estate
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winterset
- County
- Madison
- State
- Iowa
- Longitude
- -94.0407
- Latitude
- 41.3012