11750 E State Road 205 Laotto, IN 46763
For Sale
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This exceptional opportunity encompasses a thriving retail firearm store and a state-of-the-art indoor gun range, situated on approximately 1.4 acres of land along a busy state road in Laotto, Indiana. The property boasts excellent visibility and frontage, ensuring high traffic exposure. The main structures are constructed using high-quality SIP construction within metal buildings. The retail store offers approximately 7,640 square feet of space for merchandise display and customer service. The nearly new, approximately 2,760 square foot indoor gun range is equipped with cutting-edge technology, including eight shooting lanes, six of which feature Evolve Range Solutions RS-1000 Gen 5 electric target retrieval systems. Safety is paramount, with a granulated rubber blubber backstop minimizing lead contamination, poured concrete walls and roof for structural integrity, and a sophisticated ventilation system incorporating a HEPA filter. The range also includes a spacious classroom for training and educational purposes. The entire facility is fully handicap accessible and includes public restrooms. This turnkey operation includes most fixtures, furniture, and equipment, ensuring a seamless transition for the new owner. Detailed documentation of included fixtures and improvements is available. This presents a rare chance to acquire a well-established and profitable business in a high-demand market. The asking price is $975,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.