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$ 26,000,000
Est. payment | /mo
$ 26,000,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Specialty
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26649043
Acres 1051.0
Property Sub-Type Specialty
Property Description
The exclusive offering of Chuckwalla Valley Raceway & Airport represents a rare opportunity to acquire a cash-flowing motorsports asset in Southern California. As one of the region's premier road courses, Chuckwalla is a recognized destination for both motorcycle and auto road racing, serving a diverse customer demand base that includes private members, track-day operators, car and motorcycle clubs, television production companies, and OEMs. The property encompasses 1,051 acres and sits atop a productive aquifer, providing ample water capacity to support future development and expansion. At its core is a 2.68-mile, 17-turn bi-directional road course designed for both cars and motorcycles, featuring natural elevation changes, high-speed straights, and flowing technical corners. The track supports both clockwise and counter-clockwise configurations, allowing for multiple operating formats and user experiences. A unique differentiator is the property's 5,300-foot runway and ample heavy ramp, capable of supporting helicopter, fixed-wing, military, and skydiving operations - an amenity rarely found at motorsports facilities. Additional infrastructure includes forty one bedroom rental cabins, RV hookups and storage, paddock-side garages, onsite concessions, a mini-track, a dirt track, and a drag strip facility that utilizes the runway. The current ownership is highly selective in new member admissions. Despite a waitlist and strong demand, new members are added solely at the current owners' discretion. As a result, membership dues and track days operate below full revenue potential by design. The facility is also rented for military training and includes a shooting range, tactical movie-style sets"for training and dedicated barracks buildings. A new owner has a clear and compelling path to significantly increase cash flow through selective capital investment, including: 1) Development of an second road course. 2) Expanded trackside accommodations. 3) Construction of a new clubhouse. 4) Additional garage and vehicle storage facilities. 5) Day-use hospitality amenities. 6) Expanded ranch and cabin offerings for overnight stays. 7) Aircraft Hangars and fuel sales. With the right operator and targeted capital improvements, Chuckwalla Valley Raceway & Airport can evolve from a highly functional motorsports venue into a world-class motorsports and entertainment compound, fully maximizing the scale, infrastructure, and strategic location of this one-of-a-kind asset.
Location
State CA
County Riverside
Area Desert Center, Eagle Mountain
Zoning M-H, Other
Building
Water Well
Others
Special Listing Condition Standard
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Listed by Compass
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