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    Office-Shop Flex Property Title is generated by Realmo AI

    1570 East Yellowstone Highway, Casper, WY 82601

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    Block-built facility combining private office space, reception, and shop space for service-oriented operations.

    Type:Office, Industrial
    Property size:
    3,216 SF
    Price / SF:
    $155/SF
    Added:
    Jun 9, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 20 at 5:21 am

    Property Features for 1570 East Yellowstone Highway

    General Information

    Standard status
    Active
    Size
    3,216 SF
    Property subtype
    Office, Industrial

    Building Details

    Year Built
    1952

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    Listing Contact
    Tommy Russell
    Tommy Russell

    Listing agent Tommy Russell License #RE-14342

    Listing office Coldwell Banker Commercial The Legacy Group

    Listing date Jun 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 Coldwell Banker Commercial The Legacy Group

    HighLights

    • 3,200 SF block‑built commercial facility built in 1952 on an established commercial corridor in Casper
    • Includes two private offices and a reception area
    • Functional shop space historically used for automotive and service‑related businesses
    • Layout supports a mix of office and shop functions for owner‑user or investment use

    Overview

    This for-sale commercial property totals 3,216 square feet and is constructed of durable block construction. Built in 1952, it offers a practical mix of office and operational shop space, including two private offices and a reception area, along with functional shop space designed to support day-to-day service activity.

    Located on one of Casper’s most established commercial corridors, the building’s long operating history ties it closely to automotive and service-related uses. The layout and improvements reflect that proven business function, making it well-suited for operators seeking an existing office-and-shop configuration in a long-standing commercial setting.

    For owner-users, the combination of reception and multiple offices alongside shop space can support businesses that need both customer-facing space and a dedicated work area. For buyers evaluating an automotive or service-aligned asset, the building’s established role in that market, along with its ready-to-occupy office/shop arrangement, provides a straightforward starting point for the next use of the property.

    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 $56.0k $17.40
    − Vacancy −$8.4k −$2.61
    EGI $47.6k $14.79
    − OpEx −$11.9k −$3.70
    NOI $35.7k $11.09
    3,216 SF · lease $17.40/SF/yr · vacancy 15.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $509.6K
    $445.9K – $594.6K (±1% cap)
    NOI $35,673 @ 7.0% cap · market cap 7.13%
    Second Best
    Retail
    $408.3K
    $357.3K – $476.4K (±1% cap)
    NOI $28,581 @ 7.0% cap · market cap 5.72%
    Theoretical Best
    Office A
    $718.0K
    $628.3K – $837.7K (±1% cap)
    NOI $50,262 @ 7.0% cap · market cap 10.05%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Peerless Tires (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Casper
    County
    Natrona
    State
    Wyoming
    Longitude
    -106.302955
    Latitude
    42.853939

    FAQs

    What type of property is this?
    Flex space - Block-built facility combining private office space, reception, and shop space for service-oriented operations.
    Where is this flex space located?
    The property is located at 1570 East Yellowstone Highway Casper, WY.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: 3,200 SF block‑built commercial facility built in 1952 on an established commercial corridor in Casper; Includes two private offices and a reception area; Functional shop space historically used for automotive and service‑related businesses
    (307) 315-6161 Call to check price and availability
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