Originally Posted by
topflightpro
I'd love to see the revenue the track is generating. I'd be surprised if they could really justify the $4.7m asking price as a velodrome. Most business valuations are done on a multiple of revenue. My guess is that they are basing that largely on the value of the land, which would imply use for other development.
Here's the county property report. The tax bill alone is pretty daunting.
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