Corner Showroom and Office
1030 W Collins Casper, WY 82601
New
For Sale
$1,500,000
Corner commercial building with a showroom, expansive shop area, and office spaces totaling over 10,000 square feet.
Property Size10,000 SF
Price / SF$150
Days on Market3
Property Features for 1030 W Collins
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Commercial
Building Details
Year Built
1960
Listing Agency:
(307) 259-8004
Listed By:
Justin and Charlotte Putzier
(307) 259-8004
Source:
Mycasperhome.idxbroker
Added: Jul 28
Changed: Jul 29
Last Checked: Jul 30 at 2:33AM
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
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 For Office B
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 | $174.0k | $17.40 |
| − Vacancy | −$26.1k | −$2.61 |
| EGI | $147.9k | $14.79 |
| − OpEx | −$37.0k | −$3.70 |
| NOI | $110.9k | $11.09 |
10,000 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%
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.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Wyoming Interiors — 421 S Center St Suite 101, Casper, WY 82601
- Nalls Carpet & Flooring Team — 1355 sycamore st, casper, wy 82604
- French Creek Designs — 1030 W Collins Dr, Casper, WY 82604
- 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.
