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OFF-MARKET
Investment properties

15322 Ky-344 Tollesboro, KY 41189

41.55 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Lot 41.55 ac (1,809,918 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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