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July 14, 2007 at 5:18 am #27099ErickWeinstetterMember
I think a small track can easily fit on 2 acres. Especially if there is parking nearby. The old Lawville track was on about 1/2 acre. The shopping center prvovided the parking. If you have to include all parking then about 4 acres or more is needed.
Here are some deals in PA/NJ area.
Some sound like maybe there is a typo or its in a flood plain and you cant use the land.
Basically your screwed. North and Central Jersey are insanely expensive to buy land. But keep in mind it can be resold after the track closes and maybe the track can generate enough income to pay the loans. I could only find one place with 2 acres or more for under $45K
$49,000 – 5 Acres in White, NJ
Southern NY near NJ border
$55,000 – 3 Acres in Westbrookville, NY
Awesome downhill track could go here
$6,000 – 4+ Acres in Atlantic County, NJ
and this one may be same location or neighboring lot
$10,000 – 4+ Acres in Atlantic County, NJ
$30,000 – 3 Acres in Cumberland County, NJ
$15,000 – 3.5 Acres in Cape May Court House, NJ
$12,000 – 4.5 Acres in Mullica (Not Mullica Hill), NJ
You could buy 3 lots for around $37,000 total. One in Hamilton, One in Mullica and the third in Cape May Court House. Run one Friday Night, One Saturday and one Sunday. In the summer run the one doing the best also on Wednesday night. Maybe run one on Tuesday nights when schools out also.
You’d be an easy commute to a day job in Vineland or Atlantic City. Best of all throw up a Mobile Home or even a Trailer on one of the properties and you wouldnt have rent.
$20,000 – 7 Acres in Auburn, PA
$20,000 – 4 Acres in Tremont, PA
$25,000 – 14 Acres in Tamaqua, PA
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