Property profile

3956 Long Brg Rd Littleton, NC 27850

OFF-MARKET
Commercial real estate
Property ID
US53-5129189
1,456 SF 27.3 ac lot Built 1996
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

Exceptional investment opportunity awaits with this 28+ acre commercial property located at 3956 Long Bridge Rd., Brinkleyville, NC 27823. This turnkey business, known as the "Red Clay Bullring," is a fully operational 3/10-mile red clay dirt track with a seating capacity of up to 3,000 spectators. The property boasts a convenient location, less than 12 miles from I-95, ensuring easy access for attendees. A large grass parking area is accessible via a gravel driveway, while a separate rear entry provides convenient access to the pit area. Within the fenced property, you'll find a ticket booth with an attached, fully equipped kitchen and an upstairs sound booth featuring a new PA system and security system. Additional improvements include freestanding men's and women's restroom buildings, a 24x36 four-bay tech building, a 10x16 parts shed, a 12x12 racer registration booth, an 18x21 carport, and a 12x12 shed. Bleacher seating is situated on both the front and rear sides of the track. Much of the lighting has been recently replaced, ensuring full functionality. This property presents a unique opportunity for an entrepreneur to acquire an established business with significant existing infrastructure, ready for immediate operation or further development. The asking price is $500,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1996
Total area 1,456 SF
Lot 27.3 ac (1,189,188 SF)
APN 102399
UPID US53-5129189

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3956 Long Brg Rd Littleton, NC 27850-7860
Littleton metro Census 930800 ROANOKE RAPIDS, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2024
Last sale
$382,000
2 recorded transactions
2024
$382,000
2021
$150,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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