93811 Blagg Ln, Grass Valley, OR 97029
For Sale
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This exceptional 434-acre property in Grass Valley, Oregon, presents a unique investment opportunity. Currently operating as Oregon Raceway Park, this premier automotive testing facility and private racetrack boasts a 2.34-mile, bi-directional course with a challenging, undulating layout featuring 16 turns and 400 feet of elevation change per lap. The track's smooth, race-grade asphalt is built over a 16-inch road-bed. Beyond the track itself, the property includes a 12-bay garage building generating supplemental income through existing leases. A modern facility with amenities such as restrooms with showers, an aid room, a two-pump, two-tank above-ground fuel dock, paved paddock and pre-grid areas, and a fire protection system with hydrants is in place. The property also features over 100 acres of undeveloped land, offering significant redevelopment or R&D potential. Located two hours east of Portland, the property benefits from its location along the Columbia Gorge and is zoned for its current use as a Motorsports Park Complex (MSC-1). The sale includes the associated business, Pacific Motorsports Management, LLC, with business financials available upon execution of a non-disclosure agreement. Existing income-generating garage leases and a farming contract on the undeveloped land are in place, and the sale requires honoring all current racetrack reservations, bookings, leases, and contracts. The property is situated within both Opportunity and Enterprise zones, further enhancing its investment appeal. Multi-use permits are part of the master plan.
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Continental Corner Racecourse
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Oregon Raceway Park Car Racing Track
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2 Fast Trackdays Vocational School Training Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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.