Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Hazelton Peak Rd. NW, Unit 3B Gillette, WY 82716

    View on Map
    Sponsored
    For Sale
    $95,000

    LAND - Gillette, WY

    Lot size:
    7.01 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 10 at 6:06 pm

    Property Features for Hazelton Peak Rd. NW

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-R
    Lot size
    7.01 Acres

    We can help!

    Listing Contact
    Stacey J Peterson

    RE/MAX Professionals (307) 660-8144

    Listing agent Stacey J Peterson License #3831

    Listing date Mar 10, 2026

    MLS# 25-3022

    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.

    Learn more

    Property Insight Report

    Overview

    Gillette, WY Land Available

    This 7.01-acre land parcel is located near Gillette, Wyoming. Power is accessible near the lot line. The new owner will be responsible for installing a well and septic system.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Land

    Map

    City
    Gillette
    County
    Campbell
    State
    Wyoming
    Longitude
    -105.658206
    Latitude
    44.33846

    Nearby Similar for Sale

    • $829,000
      6,200 SF

      Gillette Commercial Property For Sale

      Commercial property with shop, office, and outdoor space in Gillette.
      3416 Garman Rd, Gillette, WY 82716
      View Details
    • New
      $750,000
      5,000 SF

      Turn-Key Commercial Space, Gillette, WY

      Remodeled commercial property ideal for medical or professional office.
      1300 W 4Th St, Gillette, WY 82716
      View Details
    • $345,000
      Pending

      Gillette Shop with Highway Access

      2.77 acre shop with office space and highway access.
      315 Force Rd, Gillette, WY 82716
      View Details
    • New
      $550,000
      Pending

      Gillette Commercial Barn and Land

      Commercial barn, land, and manufactured home near Highway 59.
      10326 State Highway 59 S, Gillette, WY 82718
      View Details
    • $119,900
      680 SF

      Remodeled Commercial Condo in Gillette

      Turnkey commercial condo with recent upgrades and courtyard setting.
      910 E 3Rd St, Gillette, WY 82716
      View Details
    • $399,000
      3,050 SF

      Gillette Commercial Property on Highway

      High-visibility commercial property on a large corner lot.
      805 S Douglas Hwy, Gillette, WY 82716
      View Details
    • $5,900,000
      3,384 SF

      Gillette Apartment Complex For Sale

      Ten well-maintained 4-plex units with good rental history.
      1922-1931 Harvest Moon Dr, Gillette, WY 82718
      View Details
    • $580,000
      4,420 SF

      Gillette Commercial Property with Daycare

      Well-maintained commercial property in Gillette, currently operating as a daycare.
      640 12Th St W, Gillette, WY 82716
      View Details
    • $620,000
      3,124 SF

      Gillette Commercial Corner Property

      Well-maintained corner property suitable for daycare or other commercial use.
      4005 Tepee St, Gillette, WY 82718
      View Details
    • $1,350,000
      4,809 SF

      Gillette Restaurant Opportunity For Sale

      Long-standing Chinese restaurant with building and land for sale.
      1612 W 2Nd St, Gillette, WY 82716
      View Details
    • $1,650,000
      9,432 SF

      Established Automotive Business Opportunity

      Turnkey automotive transmission shop with 48 years of operation.
      1810 Gold Dr, Gillette, WY 82716
      View Details
    • $720,000
      3,600 SF

      Modern Commercial Space in Gillette

      New commercial space in high-traffic Gillette location, build to suite.
      560 Running Dr, Gillette, WY 82718
      View Details

    FAQs

    What type of property is this?
    Land - Land near town with power access, well and septic needed.
    Where is this land located?
    The property is located at Hazelton Peak Rd. NW, Unit 3B Gillette, WY.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Land close to town; - Power near lot line; - Other lots available
    (307) 682-6622
    Request Owner's contact information
    Hazelton Peak Rd. NW, Unit 3B Gillette, WY 82716
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Hazelton Peak Rd. NW, Unit 3B
    Gillette, WY 82716
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Hazelton Peak Rd. NW, Unit 3B Gillette, WY 82716
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Stacey J Peterson
    Real Estate License ID: 3831
    (307) 682-6622 (307) 680-7433
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!