Automotive Repair Facility with
For Sale
Contact for pricing
1810 Gold Road, Gillette, WY 82716
Turn-key transmission repair business and 9,432 SF facility with four drive-in service bays and substantial parts inventory.
Property Size9,432 SF
Lot Size7.29 Acres
Price / SF$174.94
Days on Market102
Property Features for 1810 Gold Road
General Information
Standard status
Active
Size
9,432 SF
Class
B
Lot size
7.29 Acres
Property subtype
Retail, Industrial, Business for Sale
Zoning
I-2
Investment Type
Owner/User
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Business Included
Yes
Drive-In Doors
4
Service Bays
4
Building Details
Year Built
1975
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Cross Street Real Estate Co.
Listed By:
Scott Nannemann · License #WY RE-16844
(303) 531-2381
Source:
Crexi
Added: May 29
Changed: Sep 2
Last Checked: Sep 7 at 7:41AM
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 Cross Street Real Estate Co.
Investment Insights
Based on property information with market context.
Nannemann Brothers Automotive is a turn-key automotive transmission repair business and real estate opportunity offering the business, specialty equipment, extensive parts inventory, and established goodwill of continuous operation since 1975. The 9,432 SF facility is configured with four drive-in service bays with hydraulic lifts, a front office and service counter, and two bathrooms. Additional improvements include a mechanics library, substantial parts and salvage inventory, and an on-site storage shed, along with a front-end loader and bobcat.
The property is located along US Highway 14/16 in Gillette, with the primary parcel at 1810 Gold Road fronting over 250 feet. The offering also includes two parcels totaling approximately 7.29 acres. The site is near Gillette-Campbell County Airport and is positioned in an established commercial/industrial corridor with highway visibility.
This package combines an operational automotive repair setup with a highway-fronting facility designed for service-bay workflow, supported by on-site inventory and service equipment.
The property is located along US Highway 14/16 in Gillette, with the primary parcel at 1810 Gold Road fronting over 250 feet. The offering also includes two parcels totaling approximately 7.29 acres. The site is near Gillette-Campbell County Airport and is positioned in an established commercial/industrial corridor with highway visibility.
This package combines an operational automotive repair setup with a highway-fronting facility designed for service-bay workflow, supported by on-site inventory and service equipment.
Key Highlights
- Nannemann Brothers Automotive transmission repair operation established in 1975 with 50 years of continuous operation
- 9,432 SF facility built in 1975 on two parcels totaling approx. 7.29 acres
- 1810 Gold Road property fronts over 250 ft on US Highway 14/16 in an established commercial/industrial corridor
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$108,191
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,163,820
$2.2M
Cap Rate 7%
$1,545,586
$1.5M
Cap Rate 9%
$1,202,122
$1.2M
Market Conditions
NOI Build-Up for 9,432 SF
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.
Gross rent
$175.4K $18.60/SF
− Vacancy
−$20.9K −$2.21/SF
EGI
$154.6K $16.39/SF
− OpEx
−$46.4K −$4.92/SF
NOI
$108.2K $11.47/SF
Area
Campbell County, WY
Vacancy
11.90%
Lease Rate
$18.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,163,820
Cap Rate 7%
$1,545,586
Cap Rate 9%
$1,202,122
Alternative Uses
Best Use
Retail
$1.55M
$1.35M – $1.80M
NOI $108,191 @ 7.0% cap · market cap 6.56%
Second Best
Industrial
$804.3K
$703.8K – $938.4K
NOI $56,303 @ 7.0% cap · market cap 3.41%
Theoretical Best
Specialty Retail
$1.66M
$1.45M – $1.93M
NOI $115,919 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Drive-in doors
4
Service bays
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Turn-key transmission repair business and 9,432 SF facility with four drive-in service bays and substantial parts inventory.
Where is this auto shop located?
The property is located at 1810 Gold Road Gillette, WY.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Nannemann Brothers Automotive transmission repair operation established in 1975 with 50 years of continuous operation; 9,432 SF facility built in 1975 on two parcels totaling approx. 7.29 acres; 1810 Gold Road property fronts over 250 ft on US Highway 14/16 in an established commercial/industrial corridor
