Corner Lot Retail-Office
For Sale
$399,000
805 S Douglas Hwy, Gillette, WY 82716
COMMERCIAL - Gillette, WY
Property Size3,050 SF
Lot Size0.58 Acres
Price / SF$130.82
Days on Market501
Property Features for 805 S Douglas Hwy
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-1
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Bathroom 2
Appliances
Refrigerator
Directions
Off Hwy 59
Subdivision
Northside Area - Gillette
Standard status
Active
Size
3,050 SF
Lot size
0.58 Acres
Taxes and HOA fees
Tax Annual Amount
1870
Building Details
Year built
1961
Listing Agency:
ERA Priority Real Estate · ERA Real Estate
(307) 686-9200
Listed By:
Jamie Pedersen · License #12874
(307) 680-1239
Added: Mar 17, 2025
Changed: Jul 25
Last Checked: Jul 30 at 8:06PM
MLS# 25-1909
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 for-sale commercial property includes an existing 3,050-square-foot home that could be repurposed as office and/or retail space. The foundation wall needs repair, but the structure is described as livable. In addition to the main building, there is a 26x32 detached garage on the property.
The site is located on a high-traffic setting right on Hwy 59, on a large corner lot with front, side, and alley access. Nearby businesses and amenities mentioned in the listing include Dollar General, Lasting Legacy Park, and Pizza Carrello, along with shopping centers and other local retail.
The property is zoned C-1 and sits on approximately 0.58 acres, providing flexibility for a range of commercial uses within the existing configuration.
The site is located on a high-traffic setting right on Hwy 59, on a large corner lot with front, side, and alley access. Nearby businesses and amenities mentioned in the listing include Dollar General, Lasting Legacy Park, and Pizza Carrello, along with shopping centers and other local retail.
The property is zoned C-1 and sits on approximately 0.58 acres, providing flexibility for a range of commercial uses within the existing configuration.
Key Highlights
- High‑traffic commercial setting on Hwy 59 with high‑visibility frontage
- 0.60‑acre corner lot with front, side, and alley access
- Existing 3,050 SF home suited for office/retail space
Financial Insights For Retail
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 | $56.7k | $18.60 |
| − Vacancy | −$6.8k | −$2.21 |
| EGI | $50.0k | $16.39 |
| − OpEx | −$15.0k | −$4.92 |
| NOI | $35.0k | $11.47 |
3,050 SF · lease $18.60/SF/yr · vacancy 11.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$499.8K
$437.3K – $583.1K
NOI $34,985 @ 7.0% cap · market cap 8.77%
Second Best
Office B
$426.5K
$373.2K – $497.5K
NOI $29,852 @ 7.0% cap · market cap 7.48%
Theoretical Best
Specialty Retail
$535.5K
$468.6K – $624.7K
NOI $37,484 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,033
Businesses Nearby
Explore this area
Business Placement
Demographics for 82716, WY
17,094
Population
7,771
Households
2.2
Avg Household Size
36
Median Age
16%
College-Educated
93%
High-School Grad
1,182.7 sq mi
ZIP Area
14
Density / Sq Mi
$77,169
Median Household Income
$45,276
Median Earnings
$890
Median Rent
$234,700
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Freestanding 3,050 SF building on a corner lot with front, side, and alley access, plus a detached 26x32 garage.
Where is this office building located?
The property is located at 805 S Douglas Hwy Gillette, WY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: High‑traffic commercial setting on Hwy 59 with high‑visibility frontage; 0.60‑acre corner lot with front, side, and alley access; Existing 3,050 SF home suited for office/retail space
