2201 Mitchell Ave Gillette, WY 82718
Large commercial shop with office space near Hwy 59.
- Added:
- Feb 3, 2024
- Days on Market:
- 890
- Last Refresh:
- May 13 at 8:21 pm
Property Features for 2201 Mitchell Ave
General Information
- Standard status
- Active
- Size
- 7,536 SF
- Property subtype
- Special Purpose
Listing office CENTURY 21 Real Estate Associates Gillette (307) 687-0440
Listing date Feb 3, 2024
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 CENTURY 21 Real Estate Associates Gillette
Investment Insights
Based on property information with market context.
Key Highlights
- Prime Location: Just one block off Hwy 59 with easy access to I‑90
- Substantial Shop Space: 4500 sq/ft shop with 3 large overhead doors, 240V power, and gas heaters
- Dedicated Office Space: 3036 sq/ft office area with break area, open entry, and private offices
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 | $113.0k | $15.00 |
| − Vacancy | −$14.7k | −$1.95 |
| EGI | $98.3k | $13.05 |
| − OpEx | −$24.6k | −$3.26 |
| NOI | $73.8k | $9.79 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- BOXED by Christine — 502 East Lakeway Road, Gillette, WY 82716
