LONG VALLEY, NJ—Precision Motorsports Racing has paid $440,000 for the acquisition of 438 West Mill Road in Long Valley, N.J. The industrial/flex site contains 5,000 sq. ft. of space and is situated on 3.3 acres. The new owner plans to use the site as a repair center.

NAI James E. Hanson’s Joseph F. Vindigni, sales associate, represented the seller, RODCAB Construction Co. Inc.

Containing 500 sq. ft. of office space, the property also includes one drive-in loading door, 14-ft. ceiling heights and approximately 575 ft. of frontage.