Medical Office with Ramp
New
For Sale
$280,000
1401 W 4th St, Gillette, WY 82716
Commercial Sale, Gillette, WY
Property Size1,728 SF
Lot Size0.31 Acres
Price / SF$162.04
Days on Market2
Property Features for 1401 W 4th St
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-O
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Directions
HWY 14-16 to left on Burma and right on to 4th St.
Subdivision
Northside Area - Gillette
Standard status
Active
Size
1,728 SF
Lot size
0.31 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Annual Amount
1836
Amenities
ramp access
reception area
kitchenette area
Building Details
Year built
1996
Listing Agency:
RE/MAX Professionals · RE/MAX International
Listed By:
Stacey J Peterson · License #3831
(307) 682-6622
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 5 at 9:06AM
MLS# 26-1308
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.
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Investment Insights
Based on property information with market context.
Built in 1996, this 1,728-square-foot medical office occupies a single level and has ramp access at the entrance. The interior includes four private offices or rooms, a reception area, a kitchenette, and a separate room suitable for conference or storage use. There are 2 1/2 bathrooms, and the property is zoned C-O.
The building sits on a 0.31-acre lot in Gillette, Wyoming. On-site parking is available.
The building sits on a 0.31-acre lot in Gillette, Wyoming. On-site parking is available.
Key Highlights
- 1,728‑square‑foot medical office building on a 0.31‑acre lot
- Single‑level layout with ramp access to the entrance
- Four private offices or rooms, reception area and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,913
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,260
$338.3K
Cap Rate 7%
$241,614
$241.6K
Cap Rate 9%
$187,922
$187.9K
Market Conditions
NOI Build-Up for 1,728 SF
Gross rent
$25.9K $15.00/SF
− Vacancy
−$3.4K −$1.95/SF
EGI
$22.6K $13.05/SF
− OpEx
−$5.6K −$3.26/SF
NOI
$16.9K $9.79/SF
Area
Campbell County, WY
Vacancy
13.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,260
Cap Rate 7%
$241,614
Cap Rate 9%
$187,922
Alternative Uses
Best Use
Office B
$241.6K
$211.4K – $281.9K
NOI $16,913 @ 7.0% cap · market cap 6.04%
Second Best
Healthcare Medical
$213.3K
$186.6K – $248.8K
NOI $14,930 @ 7.0% cap · market cap 5.33%
Theoretical Best
Specialty Retail
$303.4K
$265.5K – $354.0K
NOI $21,237 @ 7.0% cap · market cap 7.58%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
Demographics for 82716, WY
17,094
Population
7,771
Households
2.2
Avg Household Size
36
Median Age
16%
College-Educated
93%
High-School Grad
1,182.7 sq mi
ZIP Area
14
Density / Sq Mi
$77,169
Median Household Income
$45,276
Median Earnings
$890
Median Rent
$234,700
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical Office Space - A single-level layout includes four private rooms, reception space, a kitchenette and an additional flexible room.
Where is this medical office space located?
The property is located at 1401 W 4th St Gillette, WY.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: 1,728‑square‑foot medical office building on a 0.31‑acre lot; Single‑level layout with ramp access to the entrance; Four private offices or rooms, reception area and kitchenette
