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Pursuing this dream and financing it in the fashion you suggest would quickly turn it into your biggest nightmare.
Start much more modestly (small, simple private track for yourself and friends) and go very slowly from there.
You will rapidly get a better understanding of the economics and potential demand. Find a way to keep your burn rate as close to zero as possible.
I wish you success....
but if Guy Cooper's Cooper-land (both owners) could not succeed ....and his place was A1 condition IMO....might want to think it over.
Also land appreciates - yes - but it can also depreciate. Quickly.
It is what I do for my occupation....just keep that it in mind.
Have you approached any neighbors about your plans ?
but arksansas isnt like CA or the northeast where alot of people have $$ ..pretty sure most of y'all are poor
the economics dont really make sense unless you have some other way of financing it
https://onlyinark.com/sports/bentonville-mountain-biking-capital-of-the…
You're right, Arkansas isn't like California... THANK GOD!
the big metro areas have millions of people. arkansas aint shit
Determine the hard cost, including a salary to you. Charge at least what it costs. Don't be dreamy here unless you have deep pockets (nothing wrong with burning money on moto if you have it and it is what you want to spend it on).
Maybe ask shops if you can survey riders what they expect to pay for a decent track. Get a sense of the demand against that hard cost.
Pit Row
other posts here have mentioned that tracks come and go in the south for a reason..no one wants to pay up.
if you had another business or income stream to subsidize it while it gets going, it might not be a bad idea but if you have to take out a loan, youre at a big disadvantage
Is there a pond or natural water on the property?
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