Here is the thing to remember with ANY range or gun club. This regardless of size or amount of people that are involved. Once you get enough neighbors, and or non shooters complaining, you can expect to be legally shut down in very short order. In my area I've seen no less than 3 gun clubs shut down in the last 17 years. All were there long before any housing encroachment that brought the people who then started the problems. One was the Phoenix Trap & Skeet Club that was there since the early 60's, and hosted the Spring Grand every year. No more. They're gone.
It's much the same with airports. If whining neighbors can legally force a 747 captain to pull back on power in bad weather to reduce noise, they can damn well shut down a gun club with legal shenanigans for much the same reason. Lawyers love these kind of fights. They're easy money because they involve a lot of people.
If they can't get you with noise, they'll come back with lead contamination. If they can't get you with lead, they'll come back with safety. They will get you with any one of, or a combination of all three. I've seen it. I'm not saying or suggesting this is right or just. It's just the way it is in today's liberal world.
Now, if you know your neighbors, and they're much like you, all of this could obviously be avoided. However it also advertises that you own and shoot guns, and will get everyone around you talking about the same. This could bring unwanted visitors. They'll know you have guns. This is why Tom's suggestion of something underground, or built in some type of enclosure, would be by far the best bet, albeit more expensive. Out of sight, out of mind as they say. It will also cut down on any noise. Especially if you made a makeshift muzzle containment out of a few tires, pipe, etc. No noise, no vision, no problems. At least that's what I've come to notice from experience over the years. The less people in general that know about what you're doing........ The better.