Corner Showroom and Office
For Sale
$1,500,000
1030 W Collins, Casper, WY 82601
Corner commercial building with a showroom, expansive shop area, and office spaces totaling over 10,000 square feet.
Property Size10,140 SF
Price / SF$150
Days on Market96
Property Features for 1030 W Collins
General Information
Standard status
Active
Size
10,140 SF
Property subtype
Commercial
Zoning
C2
Additional Details
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$4,441
Amenities
C & NW addition No. 1 and LOT 1 NW PT, Block 1 of CROSSROADS PLAZA, City of Casper, Natrona County,
City
115V Electricity, 220V Electricity
Other
no
1700
Under 16 Foot
Aluminum/Steel
Steel
43995
Existing-has been occupied
Under 14 Foot
20+
1
10000 - 19999
10140
Building Details
Building Size
10,140 SF
Year Built
1960
Buildings
1
Listed By:
Justin and Charlotte Putzier
(307) 259-8004
Source:
Mycasperhome.idxbroker
Added: Jul 28
Changed: Oct 25
Last Checked: Oct 30 at 10:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Justin and Charlotte Putzier
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Investment Insights
Based on property information with market context.
This corner commercial building offers a showroom along with an expansive shop area and well-appointed office spaces. With over 10,000 square feet of total space, the property provides a versatile layout suitable for a range of commercial uses requiring both sales or display space and professional offices.
The building is located at the intersection of Collins and Poplar and is described as being steps from the downtown Casper area, with high visibility and accessibility. It is also positioned near Three Crowns Golf Course and at the gateway to the Old Yellowstone District, adding convenience for local traffic and neighborhood access.
The building is located at the intersection of Collins and Poplar and is described as being steps from the downtown Casper area, with high visibility and accessibility. It is also positioned near Three Crowns Golf Course and at the gateway to the Old Yellowstone District, adding convenience for local traffic and neighborhood access.
Key Highlights
- Corner commercial building with showroom, expansive shop area, and office spaces totaling 10,140 SF (excluding decks).
- One building on a 43,995 SF lot; total building size listed as 10,000–19,999 SF.
- Office area includes 1,700 SF and ceiling height under 16 ft.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,925
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,218,500
$2.2M
Cap Rate 7%
$1,584,643
$1.6M
Cap Rate 9%
$1,232,500
$1.2M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$174.0K $17.40/SF
− Vacancy
−$26.1K −$2.61/SF
EGI
$147.9K $14.79/SF
− OpEx
−$37.0K −$3.70/SF
NOI
$110.9K $11.09/SF
Area
Natrona County, WY
Vacancy
15.00%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,218,500
Cap Rate 7%
$1,584,643
Cap Rate 9%
$1,232,500
Alternative Uses
Best Use
Office B
$1.58M
$1.39M – $1.85M
NOI $110,925 @ 7.0% cap · market cap 7.40%
Second Best
Retail
$1.27M
$1.11M – $1.48M
NOI $88,872 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$2.23M
$1.95M – $2.60M
NOI $156,288 @ 7.0% cap · market cap 10.42%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,232
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 82601, WY
27,180
Population
12,967
Households
2.1
Avg Household Size
37
Median Age
27%
College-Educated
93%
High-School Grad
478.8 sq mi
ZIP Area
57
Density / Sq Mi
$68,526
Median Household Income
$40,658
Median Earnings
$856
Median Rent
$244,200
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Nalls Carpet & Flooring Team — 1355 sycamore st, casper, wy 82604
- French Creek Designs — 1030 W Collins Dr, Casper, WY 82604
- Wyoming Interiors — 421 S Center St Suite 101, Casper, WY 82601
- Funky Strokes — 150 E B St #1810, Casper, WY 82601
Frequently Asked Questions
What type of property is this?
Showroom - Corner commercial building with a showroom, expansive shop area, and office spaces totaling over 10,000 square feet.
Where is this showroom located?
The property is located at 1030 W Collins Casper, WY.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Corner commercial building with showroom, expansive shop area, and office spaces totaling 10,140 SF (excluding decks).; One building on a 43,995 SF lot; total building size listed as 10,000–19,999 SF.; Office area includes 1,700 SF and ceiling height under 16 ft.
