Atlanta Dragway: Iconic Motorsports Property & Redevelopment Commerce, GA

Property Location MAP

418 E Ridgeway Rd
Commerce, GA 30529

Property #: ATLAS26113

Preview Times


Tue. 11/10 @ 11:00AM - 12:00PM ET

Contact Agent

Stephen Griffin, AARE
Tranzon Driggers

404-819-4230 sgriffin@tranzon.com
  • 345.5± Contiguous Acres — Large, mostly level site offering exceptional scale and development flexibility.
  • Legendary Motorsports Property — Atlanta Dragway is a nationally recognized racing venue with decades of history in the Southeast.
  • Premier I-85 Corridor Location — Approximately one mile from the I-85/US Highway 441 interchange in the rapidly developing Commerce/Banks Crossing area.
  • Extensive Road Frontage & Access — Multiple access points from East Ridgeway Road and US Highway 441 provide excellent circulation and visibility.
  • Additional Highway Frontage — Recently acquired 21±-acre tract along US Highway 441 enhances access, exposure and future development options.
  • C-2 General Commercial Zoning — Broad commercial zoning provides flexibility for a variety of potential uses, including continued motorsports operations subject to applicable requirements.
  • Existing Utilities — Utility connections currently serve the property.
  • Major Retail & Commercial Corridor — Near Tanger Outlets, Walmart, The Home Depot and an extensive concentration of restaurants, hotels and other commercial uses.
  • Significant Development Potential — Size, topography, zoning, highway access and surrounding commercial activity create opportunities for a wide range of future uses.
  • Atlanta Drag Racing Legacy — The property hosted the NHRA Southern Nationals for approximately four decades and remains one of the best-known drag racing properties in the Southeast.
  • Clear Title – No Back Taxes – No Liens – Title Insurance Available
  • Subject to Sale Prior to the Auction without Notice – Pre-Auction Offers Welcomed – Brokers Protected

Atlanta Dragway represents a rare opportunity to acquire 345.5± contiguous acres at a highly visible I-85/US Highway 441 location in Commerce, Georgia. The property combines the name recognition and history of a nationally known motorsports venue with substantial acreage, commercial zoning, extensive access and frontage, and significant potential for continued racing, commercial development or other future uses.

 

All Property sold in “as-is, where-is condition. The Property is being offered through a Sealed Bid Auction Process (the “Sealed Bid”). Persons or entities wishing to participate in and qualify for the auction event (“Bidder”) are required to submit a fully executed Initial Bid & Binding Purchase Agreement along with a wire transfer of $100,000 (the “Initial Deposit”) no later than 5:00 PM CT, Tuesday, November 17, 2026. A 10% buyer’s premium will be added to the high bid to determine the total sale price. The parties submitting the three (3) highest Sealed Bids and/or those parties submitting Sealed Bids in an amount equivalent to Seventy-Five percent (75%) or more of the amount of the highest Sealed Bid received shall be deemed Qualified Bidders and shall be eligible to participate in a second round of online bidding (the “Auction”) to be conducted on Thursday, November 19th or Friday, November 20th. Qualified Bidders will be notified the specific date and time for each corresponding property Auction. After the conclusion of the Sealed Bid or Auction, the winning bidder is required to make an additional deposit (the “Additional Deposit”) to Tranzon in an amount totaling ten-percent (10%) of the total purchase price (the “Total Deposit”) within 24 hours of being declared the winning bidder. The Initial Deposit is credited toward the Total Deposit. The balance of the total sale price is due at closing within the timeframe specified in the Initial Bid & Binding Purchase Agreement. Seller may elect to accept the highest Sealed Bid received at its sole discretion. Seller may forego an Auction and convert any future round of bidding to a call for Best & Final Bids at its sole discretion. All Bids are Irrevocable upon submission to the Agent or Seller. The Seller will provide a Special Warranty Deed at closing. Please see the Bid Process and Instructions, and a sample Initial Bid & Binding Purchase Agreement for complete sale terms. All Properties are selling in their As Is and Where Is condition, subject to all easements, covenants, restrictions, leases and tenants in possession. Buyers are cautioned to carefully review the property information and terms and conditions. All Properties are subject to sell prior to the auction without notice.

 
 

Tranzon Driggers, Soldnow, LLC, Jon K. Barber, GA RE Lic# 358412, AU004124 | 10% Buyer’s Premium

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Stephen Griffin, AARE

Stephen Griffin, AARE: Tranzon Driggers

404-819-4230 sgriffin@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: 30-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit with a minimum deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

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