15322 Ky-344 Tollesboro, KY 41189
This exceptional 41.55-acre business opportunity presents a fully operational, high-bank, high-speed dirt oval track spanning 3/8 of a mile. Located in Tollesboro, Kentucky, at 15322 KY-344, Mudlick Valley Raceway boasts a proven track record of success, hosting weekly Saturday night racing events and major competitions. Recent seasons have featured significant prize purses, including multiple $10,000-to-win races and several $5,000 events, attracting top national dirt late model, modified, and sprint car drivers. Substantial improvements have been made under current ownership, encompassing a new dirt surface, upgraded bleacher seating, luxurious VIP lounge suites, enhanced outside wall barriers, and modern track and pit area lighting. The property's strategic location within a prime dirt track racing region, near major events like the World 100 and North/South 100, ensures continued high traffic and potential for growth. On-site infrastructure includes a concessions building with restrooms, two press boxes, and three additional buildings serving general admission, driver check-in, and payout functions. A spacious pit area comfortably accommodates over 120 cars, and ample parking and campground areas with gravel drives are available. Priced at $499,900, this turnkey operation offers a unique opportunity for investors seeking a high-return venture in the exciting world of motorsports.
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
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Property description
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