I have 12 acers in Lima, OH. I was thinking of building an indoor ballpark. I was woundering if anyone had an ideal what it might cost and how to go about finacing it? Or should I go in another direction? What does OFC Nation think?
Lots to consider........
Your background?
Do you have Business Partners?
Is the Land currently zoned for commercial? If not City or County leaders would have to re-zone. This can be impossible. (Start by finding this out, or all else is pointless)
Financing could be tricky in todays economy, unless you have some business background or some serious colateral.....
In order to get it financed, you have to have a good business plan. Basically, you would need to prove to John Q. Banker that this facility could support itself.... That means 365 day a year facility....
If you would be able to get financing, it would need to be enough for:
The facility....(Dome or steel building)
Land Improvements (Sewer, water, electiricty, gas)
Fixtures (Turf, Ligting, equipment to run the facility)
Staffing
Insurance (A must for finacning)
Compared to a Tennis Facility on Similiar Acreage just opened in Perrysburg.....
I would guess you will need about 1million......
$750k if you cut corners and limit the size of the facility to one diamond and indoor outdoor carpet..without heat......
Good Luck!