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Retail Space with Indoor Range
For Sale
$650,000

11750 E State Road 205, Laotto, IN 46763

COMMERCIAL - Laotto, IN

Property SizeContact for details
Lot Size1.40 Acres
Days on Market991

Property Features for 11750 E State Road 205

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Directions West of Lima Rd, subject property is on south side of 205
Subdivision Noble County
Standard status Active
APN 57-21-25-100-213.000-017
Lot size 1.40 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description Frl Pt N1/2 Ne1/4 Sec 25 (0.50a) (100-213) Frl Pt N 1/2 Ne 1/4 Sec 25 (0.380a) (100-290) Yarians Add Lt 1 & Pt Vac Yarian St (0.517a) (100-222)
Tax Annual Amount 7860
Legal Description Frl Pt N1/2 Ne1/4 Sec 25 (0.50a) (100-213) Frl Pt N 1/2 Ne 1/4 Sec 25 (0.380a) (100-290) Yarians Add Lt 1 & Pt Vac Yarian St (0.517a) (100-222)

Utilities

Cooling system Central Air

Building Details

Year built 1998
Flooring type Concrete
Roof type Metal
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Tyler Secrist · License #RB18000383
Added: Nov 22, 2023 Changed: Aug 4 Last Checked: Aug 9 at 5:06PM
MLS# 202342630

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail property combines a 7,640-square-foot sales area with a 2,760-square-foot indoor shooting range on approximately 1.397 acres. The improvements use SIP construction in metal buildings and include concrete flooring, central air, and a metal roof. Most fixtures, furniture, and equipment convey with the sale, supporting continued operation of the existing retail and range uses.

The range contains eight shooting lanes, including six with RS-1000 Gen 5 electric target retrieval systems from Evolve Range Solutions. Safety and building systems include a granulated rubber backstop, 8-inch poured concrete walls, a prefab concrete roof, and HEPA-filtered ventilation designed to reduce lead exposure. The property also offers a classroom for training and classes, public restrooms, and full handicap accessibility. It fronts State Road 205 at 11750 E State Road 205 in Laotto, Indiana.

Key Highlights

  • 7,640‑square‑foot retail store on approximately 1.397 acres
  • 2,760‑square‑foot indoor shooting range with eight lanes
  • Six lanes equipped with RS‑1000 Gen 5 electric target retrieval systems

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Plumbing Service Garden Center Dental Office Grocery & Convenience Store Kitchen & Bath Showroom Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

65
Businesses Nearby

Demographics for 46763, IN

1,702
Population
523
Households
3.3
Avg Household Size
47
Median Age
20%
College-Educated
97%
High-School Grad
24.8 sq mi
ZIP Area
69
Density / Sq Mi
$98,603
Median Household Income
$53,614
Median Earnings
$260,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Firearm retail operation with an indoor shooting range, classroom, public restrooms, and included fixtures and equipment.
Where is this retail space located?
The property is located at 11750 E State Road 205 Laotto, IN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 7,640‑square‑foot retail store on approximately 1.397 acres; 2,760‑square‑foot indoor shooting range with eight lanes; Six lanes equipped with RS‑1000 Gen 5 electric target retrieval systems
More about this property
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