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Property profile & analytics
FOR SALE
Industrial properties

11750 E State Road 205 Laotto, IN 46763

4,880 SF 1.63 ac lot Built 1998
Entity Owned Absentee Owner Free & Clear
Property ID
US31-2390833
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1998
Construction WOOD
Total area 4,880 SF
Lot 1.63 ac (71,003 SF)
APN 57-21-25-100-213.000-017
UPID US31-2390833
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
GZP LLC
GZP LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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