Eagle Raceway

Industrial for Sale
Catylist Listing ID: 30608796
Building Size (RSF): 12,122 SF
Gross Building Area: See Agent
Gross Land Area: 52 Acres
Sale Price: $3,900,000
Unit Price: $321.73 PSF
Property Use Type: Business
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 7/9/2020

Overview / Comments

Property Features

• Grandstands hold 8200 people
• Surface Parking to support 2700 cars
• Pit Parking supports 200 cars with rigs
• 3 well built restroom facilities
• 12’ high Radiused Catch Fence w/ Cable around entire Track
• 13 buildings on the site consisting of:
• Main VIP/Scoring/Concession Bldg.
• Announcers Booth/Restroom facilities/Adult Beverage Window Bldg.
• Hospitality Tent - 30’x60’
• East Concession/Restrooms/Adult Beverage Window Bldg.
• Souvenir Stand
• Electrical Control Bldg.
• Pit Ticket Booth
• Main Entrance Ticket Booth
• Maintenance Bldg. (2 tied together)
• Pit Concession Bldg.
• Pit Garage w/ Restrooms & Showers
• Machine Shop (equipment not included)
• Quonset Hut 40’x80’
• Aluminum High Rise Seating w/4500 Seats
• Aluminum & Concrete Stadium Seating w/3100 Seats
• Metal/Wooden Bleachers w/ 600 Seats
• ATM Owned System
• Musco Track Lighting
• 1/3 Mile High back Oval Dirt Track
• 1/8 Mile Oval Dirt Kart Track
• Daktronics Scoreboard & Message Center
• State of the Art PA System
• Generator Back Up System 450 KVA CAT Diesel
• Main Power 480 3-Phase Electrical Step Down to o208 +600 Amp Single Phase
• 2 John Deere 4630 Tractors
• Ford 8770 All-Wheel Drive Tractor
• CAT 12F Grader
• John Deere 770 Grader
• Mack Water Truck
• Ford Water Truck
• GMC Floater Water Truck
• Vaderstad Disc
• Box Scraper
• 2-Seater Ride Car
• Wheel Packer
• 2 Pull-behind Sheepsfoot implements
• 15’ Bush Hog Batwing Mower
• 2 Fire Rescue Trucks
• 4 John Deere Gators
• 30+ Two-way Radios
• Transponders/Electronic Scoring System
• Permanent Scale
• Pond on Property for track water use
• Lagoon System
• Septic System
• 3 Wells
• Rural water hook availability
• Stands and most building handicap accessible
• Existing Kitchen Equipment – See list

Business Highlights

• Turn Key Profitable Operation
• Licenses for Restaurant, Liquor & Entertainment are all current and operating
• IMCA Sanctioned Racetrack (Longest Operating)
• Family Friendly Events and Activities
• Charitable Kids’ $ Grab
• 50/50 Nightly Raffle
• Kids’ Bicycle Donation (up to 350 given away every year)
• Nations Largest Sprint Car Event
• Currently 5 Categories of Races at weekly shows
• Sold Out Crowds on Multiple Occasions
• Revenue from year lease for the Haunt business (runs in October)
• Part-time and Seasonal Employees
• Security Contracted with local off duty officers
• Multi-year contracts w/ Sponsors
• Unlimited Potential Revenue from Non-Racing Activities/Events
• Such as Weddings, Anniversaries, Birthdays, Celebrations of all kinds,
• Concerts, Demolition Derbies, Monster trucks, Dirt Bike Races, Stunt shows,
• Tractor-Pulls, Motor Cycle Shows & Rodeos, etc.

Kitchen Equipment

• Fryers
• Smokers
• Grills
• Refrigeration Units
• Water-in Coolers
• Pizza Ovens
• Walk-in Freezer
• Warmers
• Beverage Cabinets
• Registers
• POS System

Financials

Finance Data Year 2020
Real Estate Taxes - Annual($) $22,357 (Annual)
Tax Value Land $177,420

Additional Details

Nearest MSA: Omaha-Council Bluffs
County: Cass
Tax ID/APN: 130396758
Zoning: AG & COMMERCIAL
Property Located Between: Hwy 34 & Hwy 63
Highway Access: 9 Miles from Interstate 80, and right on Hwy 34 and Hwy 63. These highways are planned to be 4 lanes in the future.
Airports: Epply and Lincoln Municipal
Area Description: This track is approximately 20 miles east of Lincoln, 2 miles east of Eagle, in a relatively rural community. It is also just 30 minutes from Omaha
Property Condition: Excellent
Exterior Description: See Overview and Comments. Designed with seating to hold 8200 people.
Parking Type: Surface
Parking Description: Parking for 2700 cars

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,031 2,031 2,031
Median Age: 35.29 35.29 35.29
Households: 711 711 711

Contact

Photograph of Listing Agent

Susan Kirkpatrick

HOME Real Estate MRCIE Member
Photograph of Listing Agent

Gary M Dominguez

HOME Real Estate MRCIE Member
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