93811 Blagg LnGrass Valley, OR 97029

Property Details for 93811 Blagg Ln

Year built

2008

Lot size

433.97 AC

Property type

Commercial real estate

APN

02S170000 5200

APU

02S1700005200

Description

This exceptional 434-acre property in Grass Valley, Oregon, presents a unique investment opportunity. Currently operating as Oregon Raceway Park, this premier automotive testing facility and private racetrack boasts a 2.34-mile, bi-directional course with a challenging, undulating layout featuring 16 turns and 400 feet of elevation change per lap. The track's smooth, race-grade asphalt is built over a 16-inch road-bed. Beyond the track itself, the property includes a 12-bay garage building generating supplemental income through existing leases. A modern facility with amenities such as restrooms with showers, an aid room, a two-pump, two-tank above-ground fuel dock, paved paddock and pre-grid areas, and a fire protection system with hydrants is in place. The property also features over 100 acres of undeveloped land, offering significant redevelopment or R&D potential. Located two hours east of Portland, the property benefits from its location along the Columbia Gorge and is zoned for its current use as a Motorsports Park Complex (MSC-1). The sale includes the associated business, Pacific Motorsports Management, LLC, with business financials available upon execution of a non-disclosure agreement. Existing income-generating garage leases and a farming contract on the undeveloped land are in place, and the sale requires honoring all current racetrack reservations, bookings, leases, and contracts. The property is situated within both Opportunity and Enterprise zones, further enhancing its investment appeal. Multi-use permits are part of the master plan.

• Alternative Use

  Use

  Valuation

  Residential

  $5,942,956,544

  Hospitality

  $5,443,716,608

  Educational

  $4,529,107,968

  Medical

  $4,684,871,168

  Retail

  $7,045,279,232

Location Insight

City

Grass Valley

County

Sherman

State

Oregon

Latitude

45.3652

Longitude

-120.74

Property Tax & Assessments

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