Commercial Property with
For Sale
$1,100,000
370 Hwy 50, Gillette, WY 82718
COMMERCIAL - Gillette, WY
Property Size4,224 SF
Lot Size2.98 Acres
Price / SF$260.42
Days on Market258
Property Features for 370 Hwy 50
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-O
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Directions
South on Hwy 50, past Force Rd intersection, right off of Hwy 50
Subdivision
GIL - Commercial - Rural
Standard status
Active
Size
4,224 SF
Lot size
2.98 Acres
Taxes and HOA fees
Tax Annual Amount
3866
Building Details
Year built
1982
Listing Agency:
ERA Priority Real Estate · ERA Real Estate
(307) 686-9200
Listed By:
Stephanie Bryce · License #16020
(307) 686-9200
Added: Nov 14, 2025
Changed: Jul 25
Last Checked: Jul 30 at 8:06PM
MLS# 25-3098
Copyright © 2026 Northeast Wyoming REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial property combines a ranch-style home with multiple outbuildings designed for work and storage. The home offers 3 bedrooms, 2 bathrooms, two kitchens, extensive storage, and a 2-car attached garage, along with a fully equipped basement that includes kitchens on both levels. The on-site shop totals 2,888 square feet and includes 220 power. Additional improvements include a 364-square-foot shed and 1,568 square feet of retail/storage space with a 28-by-28 garage.
The property is listed with C-O zoning and sits on 2.98 acres at 370 Hwy 50 in Gillette, Wyoming (Campbell County). Outdoor features include full landscaping, a pond with waterfall, and a gazebo.
According to the remarks, the property may be rezoned residential. Buyers should review zoning and options for further use based on intended business and residential plans.
The property is listed with C-O zoning and sits on 2.98 acres at 370 Hwy 50 in Gillette, Wyoming (Campbell County). Outdoor features include full landscaping, a pond with waterfall, and a gazebo.
According to the remarks, the property may be rezoned residential. Buyers should review zoning and options for further use based on intended business and residential plans.
Key Highlights
- 2. 98‑acre commercial property with income‑producing potential.
- 2,888 sq ft shop with 220 power and an additional 364 sq ft shed.
- Ranch‑style home with 3 bedrooms, 2 bathrooms, 2 kitchens, and a 2‑car attached garage.
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $62.3k | $14.76 |
| − Vacancy | −$3.2k | −$0.77 |
| EGI | $59.1k | $13.99 |
| − OpEx | −$26.6k | −$6.30 |
| NOI | $32.5k | $7.70 |
4,224 SF · lease $14.76/SF/yr · vacancy 5.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$464.4K
$406.3K – $541.8K
NOI $32,507 @ 7.0% cap · market cap 2.96%
Second Best
Warehouse
$437.4K
$382.7K – $510.3K
NOI $30,618 @ 7.0% cap · market cap 2.78%
Theoretical Best
Specialty Retail
$741.6K
$648.9K – $865.2K
NOI $51,913 @ 7.0% cap · market cap 4.72%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 82718, WY
25,764
Population
10,228
Households
2.5
Avg Household Size
34
Median Age
27%
College-Educated
92%
High-School Grad
1,596.8 sq mi
ZIP Area
16
Density / Sq Mi
$104,454
Median Household Income
$51,047
Median Earnings
$1,042
Median Rent
$289,900
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Includes a ranch-style home plus a large shop with 220 power and additional retail/storage space.
Where is this single family property located?
The property is located at 370 Hwy 50 Gillette, WY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2. 98‑acre commercial property with income‑producing potential.; 2,888 sq ft shop with 220 power and an additional 364 sq ft shed.; Ranch‑style home with 3 bedrooms, 2 bathrooms, 2 kitchens, and a 2‑car attached garage.
