Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    N Poplar St Casper, WY 82601

    Sponsored
    For Sale
    $315,000

    Commercial Land - Casper, WY

    Lot size:
    7.12 Acres
    Days on Market:
    4
    Last Refresh:
    Feb 23 at 3:06 pm

    Property Features for N Poplar St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Light Indust
    Lot size
    7.12 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Brad Ressler
    Brad Ressler

    Real Estate Leaders (307) 262-4372

    Listing agent Brad Ressler (307) 337-2010 License #11479

    Listing date Feb 20, 2026

    MLS# 20260550 Listing URL

    Copyright © 2026 Wyoming Multiple Listing Service. 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

    Casper, WY Commercial Land

    This property features 7.12 acres of land zoned for light industrial use. It offers convenient access to I-25.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Industrial land

    Map

    City
    Casper
    County
    Natrona
    State
    Wyoming
    Longitude
    -106.33950701599
    Latitude
    42.883932049178

    Nearby Similar for Sale

    • $1,245,000
      0.09 Acres

      Move-in Ready Commercial Building

      4,000 SF commercial building with high-end finishes in Casper.
      5880 E 2Nd St, Casper, WY 82609
      View Details
    • $725,000

      Remodeled Office Building in Casper

      Turn-key commercial property with high visibility and ample parking.
      1445 S Poplar St, Casper, WY 82601
      View Details
    • $925,000
      1.06 Acres

      Casper Commercial Shop with I-25 Access

      9,600 SF commercial shop on 1+ acre with I-25 access.
      635 N Glenn Rd, Casper, WY 82601
      View Details
    • $1,950,000

      Downtown Casper Office Building Opportunity

      Prime downtown office building with parking and expansion potential.
      201 N Wolcott St, Casper, WY 82601
      View Details
    • $350,000

      Versatile Warehouse/Shop with Loft Space

      4200 SF warehouse/shop with loft in Casper, Wyoming.
      540 E C St, Casper, WY 82601
      View Details
    • $362,500
      0.12 Acres

      Commercial Building in Central Casper

      Commercial building with showroom, shop space, and security system.
      1239 S Elk St, Casper, WY 82601
      View Details
    • $475,000
      0.14 Acres

      Casper Office Building For Sale

      Corner lot near medical center, ideal for medical or office.
      337 S Conwell St, Casper, WY 82601
      View Details
    • $2,150,000

      Two-Story Warehouse with Rail Spur

      57,216 SF warehouse with rail spur and highway access.
      888 Antler Dr, Casper, WY 82601
      View Details
    • Contact for pricing

      Classy Office Building with Views

      High-end office building with golf course and mountain views.
      1551 Three Crowns Dr, Casper, WY 82604
      View Details
    • $747,400
      3,000 SF

      Casper Office Building - Prime Location

      3,000 sq ft Office Space - Excellent Investment
      1445 Poplar St, Casper, WY 82601
      View Details
    • $225,000

      Industrial Property on Yellowstone Highway

      5,853 SF industrial building on 34,412 SF lot.
      7621 W Yellowstone Hwy, Casper, WY 82604
      View Details
    • $1,200,000
      3,060 SF

      Prime Casper Restaurant Opportunity

      Established Eatery, 3,060 sq ft, $1.2M
      2877 2Nd St, Casper, WY 82609
      View Details

    FAQs

    What type of property is this?
    Industrial land - 7.12 acres of light industrial land with I-25 access.
    Where is this industrial land located?
    The property is located at N Poplar St Casper, WY.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - 7.12 acres of land; - Zoned light industrial; - Easy I-25 access
    (307) 251-4141
    Request Owner's contact information
    N Poplar St Casper, WY 82601
    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.
    N Poplar St
    Casper, WY 82601
    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
    N Poplar St Casper, WY 82601
    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
    Brad Ressler
    Brad Ressler
    Real Estate License ID: 11479
    (307) 251-4141 (307) 337-2010
    Learn more
    Google sign-in failed. Please try again or use another login method.