Prime Investment Opportunity Across from Lucas Oil SpeedwayLocation is one of the most important factors in real estate investing, and this property delivers. Positioned directly across from the main entrance of Lucas Oil Speedway, this high-visibility property benefits from consistent traffic throughout the year and exceptional exposure during major racing… Read More events.Income-Producing Assets Include: 12 storage units providing steady rental income and strong local demand 3 residential rental units suitable for short-term, vacation, or long-term rentals Established nightly rental business already generating income during race season Additional room for growth through rent increases, property improvements, or future expansionThe property's strategic location attracts race fans, teams, vendors, and visitors who travel to the Speedway for events throughout the year. This creates a strong demand for nearby lodging and storage, making it an attractive opportunity for investors seeking multiple income streams.Whether you're looking for a turnkey investment with existing cash flow or a property with future development potential, this offering provides both flexibility and upside. Opportunities like this, in such a high-demand location, are hard to find.Capitalize on the location, grow the income, and maximize the potential. Read Less
Courtesy of Megan Dietz, United Country Buckhorn Land and Realty LLC.
Listing Snapshot
Days Online
134
Last Updated
Square Ft.
2,400
Lot Size
1.45 Acres
Year Built
2000
MLS Number
60316475
Additional Details
Building
Development Status: "Existing", Total Area: 2400, Built in 2000, 15 total units
Business Name: Speedway Home Suites, Business Type: "Storage", "Apartments", "Hospitality"
Parking
Features: "Gravel", "Private", "11-15 Spaces"
Roof
Roof: "Metal"
Taxes
Annual Amount: 1808.65, Legal Description: BEG 1343 E & 50 N OOF SW COR S1/2 LOT 2 NW ON N RO W HWY 54 EROWPUBLIC RD TH N 245 TH E 250 TH S, Tax Year: 2025
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