Details

Address:
4147 70TH ST S
GLYNDON, MN 56547
Price: $650,000.00
Best Operating Dragstrip in NHRA Division V
Description:

 

The 23 Acres of real estate is/has:

• An operating modern dragstrip!!
• Located in the largest metropolitan area between the twin cities of MLPS/ST. Paul, MN and Seattle, WA.
• one mile south of Exit 6, I-94, on County Road 11.(8 miles from center of the City of Moorhead, MN, & 10 miles from downtown Fargo, ND.)
• Level Red River Valley land with slope to the west, many trees providing wind break and privacy.
• Racing control tower, concession building with men's and women's toilets complete with showers, grandstand seating for approximately 500 people, ticket shack, electric plug-ins for 28 pit spaces (All built or installed in 2003.)
• Adjacent the concession building is the "Arne Ekstrom Memorial Picnic Shelter" built in 2002 through donations from and by members of the Northland Drag Racers Association.
• 1/4 mile drag racing track(can be used as 1/8 mile strip) (track is 50 feet wide with an approximately 300 foot concrete starting pad and the balance of the track asphalt paving ), long shut-down track (2300') with four turnouts (3 for cars and one for junior dragsters) all built in 2003. The races are conducted from east to west, on the south side of the race grounds.
• Track has a concrete safety wall extending beyond the length of the 1/4 mile race course (1700') on the north side of the track, and a concrete safety wall extending the length of track and shut-down part of the track on the south side of the track.
• The racing facility has a paved return road, 9 lane staging area, paved and graveled pit roads (All paved, repaved or built in 2003).
• A private water well.
• A 2800 sq. ft. house, 3 bedroom, 2 bath with oversized attached garage (built in 1974),
• A pole barn/shop 50' x 60’ (built in 1980(?))

Potential income information:

• 24 to 30 weekends a year of warm weather allows for racing and or other income producing activities.
• Track has a history of an average of 249 entries of race vehicles including Jr. dragster, snowmobiles, bikes, and cars per weekend (total racing entries for both days, 90 entries on Saturday &152 entries on Sunday).
• 28 pit spaces with electric plug-ins (currently leased annually for $300.00 per space).
• Concession building (Can be track operated or leased out).
• Can expand the "import" racing at the track from 4 events (averaging 85 cars a day) to other weekday afternoons and early evening (In late May through mid July).
• Can add a "High School" racing program to schedule (In 2005 a dragstrip in a similar sized upper-Midwest market had a high school program with 65 students participating, from area schools, entering races an average of 2.8 times, per student, for the year.).
• An enterprising track operator could run car shows, swap meets, flea markets, rent the track for testing vehicles or other activities during the week, and weekends that racing is not done.

Track equipment:

• A tractor, lawn movers, ambulance, fire truck, track preparation and maintenance equipment, and other sundry items relating to running a dragstrip.
• The computers, software, timing equipment, starting tree, run printer, etc. needed to run a race track.
• An inventory of the track equipment and supplies on hand will be provided.

Lot Information:

 

23 acres

Tax Information:

 

• 2009 general real estate taxes: $4606.00. The taxes are non-homestead taxes. (parcel # 100300101)
• 2009 Certified Special Assessments: $224.00.
• 2009 Total Taxes and Special Assessments: $4,830.00. (Source: Clay County Web Site.)

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