Adult 55+
Address
38706 County Road 1570, Coalgate, OK
Price
$ 980,000
Property Attributes
  • MLS#1078133
  • TypeCommercial
  • CountyCOAL
  • CityCoalgate
  • Zip74538
  • Style
  • Price$ 980,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size40 Acres
Data Source:
Oklahoma City Metro MLS (OKCAR)
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. 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

Zoning Agriculture
Sub Type Special Purpose
Terms of Sale Cash,Conventional,Sell FHA or VA,Sell VA,Seller will Finance,Special Financing

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
AVG $540K
$980K
Visits
AVG 44
52
Data Provided by Inside Real Estate®
Year Built
AVG 2000
1997

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