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Golf Course and Driving Range
For Sale
Contact for pricing
Pending

5955 Terrace Ave, Indianapolis, IN 46203

Corner-site recreation property with mini-golf, a residence, barn, and accessory sheds.

Property SizeContact for details
Days on Market42

Property Features for 5955 Terrace Ave

General Information

Standard status Pending
Property subtype Land, Multifamily
Listing Agency: KW Commercial IMS
Listed By: Barbara Dunn-Stear · License #IN RB14015586
Source: Crexi
Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 9:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial IMS

Investment Insights

Based on property information with market context.

Located at 5955 Terrace Ave in Indianapolis, this DA-zoned property is currently used for a driving range and mini-golf operation. The site includes one home, a large barn, and multiple sheds, providing a mix of recreational and auxiliary improvements across four parcels.

A variance covering the driving range and mini-golf use transfers with the land. The course has operated since the 1930s, and sewer service is at Arlington. The corner location and existing improvements define the property’s current configuration.

Key Highlights

  • Driving range and mini‑golf operation in place
  • Variance for the driving range and mini‑golf runs with the land
  • DA‑zoned property divided into four parcels

Property Analytics

Current Use

Rustic Driving Range ... Golf Course

Suggested Use

Top Pick Dental Office Hair Salon Restaurant Real Estate Agency Spa & Massage Center Parking Lot & Garage

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

125
Businesses Nearby

Demographics for 46203, IN

38,224
Population
18,057
Households
2.1
Avg Household Size
34
Median Age
26%
College-Educated
79%
High-School Grad
13.9 sq mi
ZIP Area
2,750
Density / Sq Mi
$55,375
Median Household Income
$40,620
Median Earnings
$1,022
Median Rent
$155,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Golf course & driving range - Corner-site recreation property with mini-golf, a residence, barn, and accessory sheds.
Where is this golf course & driving range located?
The property is located at 5955 Terrace Ave Indianapolis, IN.
What are key features of this property?
This property features: Driving range and mini‑golf operation in place; Variance for the driving range and mini‑golf runs with the land; DA‑zoned property divided into four parcels
More about this property
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