1516 Burlington Ave, Casper, WY 82601
Commercial building with offices, bathroom, kitchen, and heated shop.
- Added:
- Feb 9, 2026
- Days on Market:
- 142
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 1516 Burlington Ave
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Office, Retail
Listing office RE/MAX The Group (307) 262-1454
Listing date Feb 9, 2026
Source Crexi
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 RE/MAX The Group
HighLights
- Heated shop space suitable for various business types
- Two overhead doors for easy access
- Two private offices
- Kitchen area
- One bathroom
- Suited for contractors, service businesses, or light industrial use
Overview
Local 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 | $41.8k | $17.40 |
| − Vacancy | −$6.3k | −$2.61 |
| EGI | $35.5k | $14.79 |
| − OpEx | −$8.9k | −$3.70 |
| NOI | $26.6k | $11.09 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Casper
- County
- Natrona
- State
- Wyoming
- Longitude
- -106.305366
- Latitude
- 42.8553797
