Industrial Outdoor Storage
1307 Coleman Circle, Casper, WY 82601
For Sale
Contact for pricing
This property combines service space with substantial outdoor storage and laydown areas for industrial operations.
Property Size13,520 SF
Lot Size3.26 Acres
Price / SF$106.51
Days on Market29
Property Features for 1307 Coleman Circle
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Outdoor Storage
Warehouse & Industrial
Clear Height
Drive-In Doors
Truck Court Depth
Three-Phase Power
Additional Details
Tenant in Place
Property Use
Building Details
Building Size
Tenancy
Listing Agency:
Northmarq - Tulsa
Listed By:
Melissa McKenzie · License WY #15569
(918) 794-9518
Source:
Crexi
Added: Oct 13
Changed: Nov 8
Last Checked: Nov 10 at 7:30AM
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 Northmarq - Tulsa
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 1307 Coleman Circle, the 13,520-square-foot industrial property occupies 3.26 acres and includes outdoor storage and laydown areas. Building features include a 26-foot clear height, six drive-in doors, three-phase power, and one 5-ton bridge crane alongside three 20-ton bridge cranes. A roughly 240-foot truck court serves the site, which has a 9.5% FAR.
The facility is in Casper’s established industrial corridor, near Interstate 25 and U.S. Highways 20 and 26. Oil Patch Group, Inc. occupies the property under an NNN lease through April 2028, with two one-year renewal options. The asset is also offered as part of a portfolio.
The facility is in Casper’s established industrial corridor, near Interstate 25 and U.S. Highways 20 and 26. Oil Patch Group, Inc. occupies the property under an NNN lease through April 2028, with two one-year renewal options. The asset is also offered as part of a portfolio.
Key Highlights
- Fully leased to Oil Patch Group, Inc.
- 13,520‑square‑foot facility on 3.26 acres
- 26‑foot clear height with six drive‑in doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,785
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,535,700
$1.5M
Cap Rate 7%
$1,096,929
$1.1M
Cap Rate 9%
$853,167
$853.2K
Market Conditions
NOI Build-Up for 13,520 SF
Gross rent
$94.1K $6.96/SF
− Vacancy
−$3.8K −$0.28/SF
EGI
$90.3K $6.68/SF
− OpEx
−$13.6K −$1.00/SF
NOI
$76.8K $5.68/SF
Area
Natrona County, WY
Vacancy
4.00%
Lease Rate
$6.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,535,700
Cap Rate 7%
$1,096,929
Cap Rate 9%
$853,167
Alternative Uses
Best Use
Warehouse
$1.10M
$959.8K – $1.28M
NOI $76,785 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.02M
$2.64M – $3.52M
NOI $211,301 @ 7.0% cap · market cap 14.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
26 ft
Clear height
6
Drive-in doors
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Properties on Market for Warehouses in Casper
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Safe & Secure Storage — 2583 Old Salt Creek Hwy, Casper, WY 82601
Frequently Asked Questions
What type of property is this?
Warehouse - This property combines service space with substantial outdoor storage and laydown areas for industrial operations.
Where is this warehouse located?
The property is located at 1307 Coleman Circle Casper, WY.
What is the asking price?
The asking price for this property is $1,440,000.
What are key features of this property?
This property features: Fully leased to Oil Patch Group, Inc.; 13,520‑square‑foot facility on 3.26 acres; 26‑foot clear height with six drive‑in doors
