FS Interstate Drag Ways

[aliengotpsi]

For Sale : Interstate Drag Ways. An Operating dragstrip with additional development land adjacent to the city limits of Moorhead MN for more info see Website Wyumrealestate.com or call George Wyum Real Estate. 282-3473

WTF is next season still on???? I found this in the Mid-Week..

[95TsiAWD]

Fuck!

[harwood39]

This is fucking gay, Shane, Tufte, here you go. Buy this and put a nice skid pad on the land for auto-x's

[aliengotpsi]

yeah only $$$1,300,000

[Phats]

poop

[KA-T_240]

that sucks hopefully finds a good owner

[DaveH]

aliengotpsi wrote:
yeah only $$$1,300,000

Wow, thats actually cheaper than I would have guessed.

[Phats]

well the more i think about it..............it could be ok. I mean if someone else can buy the place and understand the impact it could have on the scene, and the whole area for that matter, and embrace it (not that Homer and Co. didn't) it could be good for us, and much more entertaining.

On the other hand.......it could never EVER COME BACK AGAIN :eek:

[Joel]

someone must have rich parents!

[91nbtsi]

That really isn't bad, the track is pretty much brand new!! And it says includes some development land, which could be worth quite a bit in the future. Tufte...screw a new shop, buy the strip!! haha.

[PSI2HI]

From what my understanding the track is going to be bought out by the city w/in the next few years are torn down because its right in the middle of where the plan to run the new Hwy 75. Idk if this is still true or not but that was the talk awhile back.

As for right now development land way out there probably isn't worth hardly anything unless it falls in the path of some city constrcuction.

[krzydrftr93]

THat sucks for everyone here. Thank gawd im moving even though Strugis 1/8 is closed to so SFR is the closest place for me.

[DaveH]

They have a pretty interesting writeup in the for sale ad:

http://www.wyumrealestate.com/interstate_dragways.html

A potential buyer would definitely need to find out about the future of the land, if a road or other conflict might interfere with things. But if it was run well I can't imagine that it wouldn't be a money making proposition.

[Guest]

the price is very decent as long as the road construction does not interfere with it.

[PSI2HI]

Gonna have a hard time getting a bank to finance it though based off the past yearly revenue which im guessing is why there selling it. Basically its gotta be someone buying it who has lots of $$ where the bank isn't going to ask any questions about it being a concern of an investment to them.

[KA-T_240]

wannabe wrote:
someone must have rich parents!

ya, but the odds of them just handing over 1,000,000+ is not likely unless they are extremely rich or into cars

[2wheeler]

I heard the same thing Nick did.

[PSI2HI]

2wheeler wrote:
I heard the same thing Nick did.

This is why im wondering why they dont hold out and sell to the city. Makes you wonder if what they got really isn't worth anything, so their trying to dump it before they lose their ass.

[StangerBanger96]

Have a multiple shop buyout of it. SLS and Tintmasters and other private donations/shops chip in and buy it

[PSI2HI]

StangerBanger96 wrote:
Have a multiple shop buyout of it. SLS and Tintmasters and other private donations/shops chip in and buy it

Honestly i dont think i'd even consider buying @ the price to tell you the truth. They have pretty much ruined their reputation and it'd take a whole lot to get it back and try bring in some outside business again.

Plus building a shop is a little bit more of a priority to me then buying a failing dragstrip. I'd be interested if i didn't have a shop to fund and had the time to try turn that place around but right now i just dont have time or the funding to even think about it.