1831 E Yellowstone Hwy, Casper, WY 82609
Commercial Building - Casper, WY
- Added:
- Jun 3, 2026
- Days on Market:
- 8
- Last Refresh:
- Jun 10 at 3:06 am
Property Features for 1831 E Yellowstone Hwy
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C2
- Interior features
- Restrooms
- Standard status
- Active
- Lot size
- 0.63 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4250
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1974
- Building materials
- Block, Concrete
- Roof type
- Aluminum
- Architectural style
- Other
Listing agent Donna Martensen License #2250 (307) 262-0461
Listing office Real Estate Leaders 109 W. 2nd Street, Casper, WY (307) 337-2010
Listing date Jun 3, 2026
Copyright © 2026 Wyoming Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Total 8,500 SF of commercial buildings on East Yellowstone with front signage and easy access to I‑25.
- Front cinder‑block retail building includes an office, retail counters, and a 1/2 bath; equipped with forced‑air natural gas heat and central air.
- Rear heated shop space features a compressor and a 12' overhead door.
- Second building is a 4,500 SF steel dry storage space with 16' sidewalls and a 14' overhead door, plus power and a gas line.
- Side entrance connects the buildings to a chainlinked fenced and gated area on Lennox Street for exterior storage.
Overview
Directly from the Lennox Street side, a chainlinked fenced and gated area provides convenient entry for exterior storage. A steel building aligned with the front provides an additional 4,500 square feet of dry storage, with 16' sidewalls and a 14' overhead door. Power and a gas line are in place to support light industrial operations or continued service-oriented uses. The property also features front signage and easy access to I-25.
With C2 zoning, the site is well suited for tenants or owners looking for a combined showroom/office setup alongside back-of-house heated work space and complementary overhead-door warehouse storage. The fenced, gated yard can be useful for equipment and material staging where exterior storage is needed.
Local Financial Insights For Retail
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 | $117.3k | $13.80 |
| − Vacancy | −$9.4k | −$1.10 |
| EGI | $107.9k | $12.70 |
| − OpEx | −$32.4k | −$3.81 |
| NOI | $75.5k | $8.89 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Casper
- County
- Natrona
- State
- Wyoming
- Longitude
- -106.300063
- Latitude
- 42.853493
