A 45-acre parcel is available for sale in northeastern Virginia featuring some unique attributes. Prominently, a full-fledged drag racing venue. The location known as “Custom T’s Motorsports Park” is listed for $3.5 million, which actually reflects a good reduction from the price it was offered at last year.
From the new real estate images, it’s clear that Custom T’s facility boasts a 1/8-mile drag strip complemented by a neat staging area and a considerable parking capacity. It appears you could organize car exhibitions and autocross events there in addition to drags, should you choose.
Located in Colonial Beach, VA, which sits between Richmond and Washington, DC, this spot gives access to a large potential crowd of racers and spectators. It’s a rural setting, yet significant population hubs are nearby.
Custom T’s remains operational, as shown by its Facebook presence and recent event coverage. The track has a history predating its current ownership; originally a landing strip, it reopened as “The Longfield Drag Strip” for racing back in 1963. Since 2018, it has been under the management of Larry Thompson. The history section of the track website offers context on its name:
“In 1987, Larry Thompson founded the T-shirt brand, Custom T’s of DC. He grew this business screen printing T-shirts, caps, sweatshirts, and tote bags for family gatherings, school reunions, athletic departments, and of course, drag racing events.”
Images from the track showcase a range of vehicles, from specialized dragsters to everyday cars. “Various types of vehicles compete at this 1/8th mile asphalt drag; it’s not limited to just cars and trucks. You might catch a motorcycle or ATV speeding down the track as well,” notes a local tourist site.
Kudos to those ATV racers. I’m unsure what would convince me to give an earnest drag attempt on a quad.
Sadly, similar to many tracks across the nation, it appears Custom T’s has encountered difficulties with neighbors opposing events at the site. Following a “contentious vote” earlier this year, the track secured more event permits, which sounds like quite a hassle and, regrettably, might be a reason it’s now for sale.
Custom T’s was initially listed for sale in March 2024, for $4 million, but it either did not attract a buyer or the deal collapsed, and now the property can be acquired for $500,000 less.
For the advancement of motorsports, I hope a patient and innovative individual steps in to keep the place operational. Just be prepared to win over the local authorities if you’re genuinely inclined.
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**Drag Strip Offered for Sale at $500,000 Less Than Initial Price**
In an enticing opportunity for motorsport lovers and investors, a prestigious drag strip has recently become available with a noteworthy discount of $500,000 from its original listing price. This distinctive property not only provides a chance to possess a piece of racing heritage but also delivers a profitable investment prospect in the expanding motorsport realm.
### Drag Strip Overview
The drag strip, positioned in a key location with convenient access to major roads, boasts a professionally crafted quarter-mile track that adheres to all safety and performance regulations. The facility features a grandstand capable of seating spectators, a timing tower fitted with cutting-edge technology, and significant pit area for racers. Additionally, the property has ample parking and concession facilities, making it apt for hosting events of various scales.
### Financial Considerations
Originally listed at $2 million, the current price of $1.5 million reflects a significant discount that could entice potential buyers seeking a lucrative enterprise. The drag strip possesses a documented history of generating income through consistent racing events, car exhibitions, and private rentals. With the rising interest in motorsports, the potential for revenue enhancement is considerable.
### Investment Opportunities
Owning a drag strip can be a rewarding business venture. The facility can accommodate weekly racing events, special competitions, and corporate gatherings, offering multiple income channels. Moreover, the advancing motorsport culture and burgeoning fascination with automotive sports create avenues for growth, such as incorporating additional features like a go-kart track, off-road course, or even a motorsport-themed entertainment complex.
### Community Benefits
Aside from the financial advantages, owning a drag strip can have a beneficial effect on the local community. It can generate employment, draw in tourists, and cultivate a sense of community among motorsport fans. The facility can also serve as a location for educational initiatives, promoting safe driving and automotive skills to younger generations.
### Conclusion
This drag strip signifies a rare opportunity for prospects interested in investing in the motorsport sector at a discounted rate. With its established framework, potential for revenue progression, and positive community influence, this property stands ready to become a valuable asset for the right owner. Interested parties are urged to act swiftly, as opportunities of this nature are often short-lived in the competitive motorsport landscape.
