221 Oyster st
Pahrump, NV 89048

Pahrump Valley Speedway · Land For Sale · 20.06 AC

INVESTMENT HIGHLIGHTS

  • Located in the Heart of Pahrump.
  • More than 20 Acres of Land!
  • All Race track equipment included in the sale.

EXECUTIVE SUMMARY

Nestled in the vibrant heart of Pahrump, this sought-after property comprises four expansive lots totaling approximately 20.06 acres. Priced at under $50,000 per acre, this offering presents a remarkable opportunity for commercial/industrial endeavors. But that's not all – included in this sale are various outbuildings, along with a racetrack situated within the grounds. Previously home to the renowned Pahrump Valley Speedway, the property now offers versatile potential for redevelopment or alternative land use. Additionally, all vehicles, trucks, and operational equipment associated with the former Speedway are included in the sale, making this property an exceptional investment opportunity.
This property includes four parcels. 035- 191- 60; 035- 191- 61; 035- 191- 58; 035- 191- 59. The four lots together equals approximately 20.06 acres of land. Buyer and buyer’s agent must verify zoning and water availability. There is currently a well and well tanks located on the parcel furthest East. I am sure you will have many questions. The best way to learn more about this property is to give me a call.
A new owner would want to consider additional activities. Motorcycle racing, monster trucks, quad racers, concert's, etc. I am sure that someone with experience in the industry could come up with many more ideas to make this track even more profitable. This property also lends itself to changing uses quite easily. With industrial zoning, one could construct warehouses or manufacturing bays. Usage ideas are endless on this property.

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Mixed Use
  • Movie Theater
  • Racetrack
  • Amusement Park
Total Lot Size 20.06 AC
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot 1-4

Price $1,399,993 CAD
Price Per AC $69,790.26 CAD
Lot Size 20.06 AC

This property includes four parcels. 035- 191- 60; 035- 191- 61; 035- 191- 58; 035- 191- 59. The four lots together equals approximately 20.06 acres of land. Buyer and buyer’s agent must verify zoning and water availability.

DESCRIPTION

Great price for land only, Speedway is icing on the cake In the heart of Pahrump All Speedway equipment included Several trucks and earth grooming vehicles included 20.06 acres Industrial master zoning Long time Speedway in operation One hour outside of Vegas Spring Mountain Motor Resort and Country Club located in Pahrump

PROPERTY TAXES

Parcel Numbers 35-191-58, 35-191-60, 35-191-59 Improvements Assessment $119,280 CAD
Land Assessment $69,887 CAD Total Assessment $189,167 CAD

ZONING

Zoning Code Commercial (This is an Industrial Master Zoned Property. With industrial zoning, one could construct warehouses or manufacturing bays. Usage ideas are endless.)

Map of 221 Oyster st Pahrump, NV 89048

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.