Seller Financing - Adult 55+
Address
38706 County Road 1570, Coalgate, OK
Price
$ 980,000
Property Attributes
- MLS#2329779
- TypeCommercial
- CountyCOAL
- CityCoalgate
- NeighborhoodCoal Co Unplatted
- Zip74538
- StyleRecreation
- Year Built1997
- Taxes$ 9999
- Price$ 980,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2233
- Lot Size40 Acres
Data Source:
MLS Technology
Property Description
Rare opportunity to live your entrepreneurial dreams on idyllic rural land! ASK FOR PROMO VIDEO! Exciting Midwest Drift Racing Complex, on 40 acres free from county usage restrictions. Situated between DFW and Oklahoma City, a mere 2-hour drive in any direction leads you to Tulsa, OKC, Dallas, or Fort Worth. Your new adventure begins in a 2233 sqft 3/2 country home boasting a charming wrap-around porch, a cedar-lined driveway, a sunroom, spacious living areas, and a generously sized kitchen with a central island. The crown jewel of this property is the CAMSAcres Racetrack, a brand-new 9/10-mile-long asphalt circuit, 30 feet wide. Easy access via 4 entrances from HWY 31 and expansive parking facilities make it ideal for accommodating long trailer combos. A fully-equipped tire shop with 2 tire machines and a high-output compressor is at your disposal. Plus, a convenient water meter and spigot are located near the track. Shade pavilions and frame structures offer possibilities for further development. Additional amenities include covered storage for 9 commercial go-carts, each with low hours, and a spacious 30x50 shop complete with power and a full bathroom, featuring two roll-up doors. Enjoy leisurely moments by the stocked pond surrounded by abundant wildlife and a thriving Pecan orchard. The potential is limitless, thanks to the absence of zoning or noise regulations. Imagine building a drag strip, mud bog, or any motorsport facility you desire. The track's popularity is evident through consistent rentals by grip racing and autocross groups. It's so renowned that it even features in the video game Assetto Corsa! This incredible opportunity comes complete with a plethora of equipment and merchandise. It's ready for seamless takeover, and we offer creative financing options to make your dreams a reality. Consider the possibility of purchasing the residential part of the property and exploring commercial financing options for the business component.
| Price History | |
|---|---|
| 8/30/2023 | Listed $980,000 |
General Features
| Interior Features | HighCeilings,CeilingFans |
|---|---|
| Sewer | Rural |
| Heating | Central,Electric |
| Cooling | CentralAir |
| Utilities | ElectricityAvailable,NaturalGasAvailable |
| Possession | CloseOfEscrow |
| Roof | Composition |
| Exterior Features | None |
| Security Features | SmokeDetectors |
| Construction Materials | Brick |
| Year Built | 1997 |
| Stories | 1 |
| Levels | One |
| Property SubType | Recreation |
| Tax Year | 2022 |
| County | Coal |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| Subdivision Name | Coal Co Unplatted |
| Possible Use | Other,Recreational |
| Garage Y/N | No |
| Status | Active |
| Directions | From North Main Street in Coalgate. Head to SH - 31 and turn left. Turn left onto County Road 1570 . Property is located on your left. CAMS Acres Drift Complex,or CARS drift complex will show up on G |
| City | Coalgate |
| Buyer Agent Compensation | 2.50% |
| View Y/N | No |
| Senior Community Y/N | No |
| High School District | Coalgate - Sch Dist (59) |
| Zoning Description | agricultur |
| Lot Size Square Feet | 1742400.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | County Road 1570 |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 9999.0 |
| Home Warranty Y/N | No |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://vimeo.com/866555030?share=copy |
| Days on Market | 73 |
| Standard Status | Active |
| Middle/Junior School District | Coalgate - Sch Dist (59) |
| Elementary School District | Coalgate - Sch Dist (59) |
| Year Built Source | PublicRecords |
| MobileHomeRemainsYN | No |
Interior Features
| Basement | CrawlSpace |
|---|---|
| Flooring | Carpet,Tile,Wood |
| Total Stories | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Electric On Property Y/N | No |
| LivingAreaSource | PublicRecords |
Exterior Features
| Fencing | BarbedWire,CrossFenced,Full |
|---|---|
| Parking Features | ParkingSpaces |
| Water Source | Rural |
| Lot Size Area | 40.0 |
| Foundation Details | Crawlspace |
| Spa | No |
| Building Area Total | 2233.0 |
| Lot Size Acres | 40.0 |
| Frontage Length | 9999 |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 74538
Price
Taxes
Visits
Year Built
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