ActiveCommercial · sale

25300 Rice Road

Desert Center, CA 92239

$26,000,000

  • 1051 acres

Listed by Compass · MLS #26649043

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25300 Rice Road, Desert Center, CA 92239 · MLS #26649043

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A FEW THINGS TO NOTICE

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Property size

1,051 acres listed.

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THE PROPERTY

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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.

THE NEIGHBORHOOD

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25300 Rice Road, Desert Center, CA 92239

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LOCAL MARKET CONTEXT

Riverside County housing market

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12-month price trend$609,275Down 0.3% vs. the previous 12 months
Months of supply4.112-month average
Days on market5312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

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Property type
CommercialSale
Category
Commercial
Zoning
M-H, Other
Parcel
811142016
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #26649043 · California Regional MLS

Listing brokerage: Compass
Listing agent: Mckenzie Duddy

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.