Two-Suite Flex
For Sale
$400,000
2308 Clover, Casper, WY 82609
Two independently configured suites combine office, restroom, warehouse, and shop functionality.
Property Size5,150 SF
Lot Size1.02 Acres
Price / SF$77.67
Days on Market16
Property Features for 2308 Clover
General Information
Standard status
Active
Size
5,150 SF
Total Parking Spaces
10
Lot size
1.02 Acres
Property subtype
Commercial
Zoning
LIGHT INDUST
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Voltage
220 V
Amenities
RV hookups
rear RV dump station
Building Details
Year Built
1976
Buildings
1
Building Size
5,150 SF
Construction
steel frame
Tenancy
Multi
Listing Agency:
Exp Realty, LLC
(307) 247-1806
Listed By:
Alisha Collins · License #10247
(307) 247-1806
Source:
Century21bell
Added: Jul 21
Changed: Aug 5
Last Checked: Aug 5 at 5:18AM
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 Exp Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1976, this 5,150-square-foot steel flex building occupies 1.02 acres at 2308 Clover Road in Casper. The property contains two separate warehouse and shop suites, with each side providing office space, a restroom, and independent utility service. Both suites include insulated work areas, heated concrete floors, 220-volt electrical service, natural gas, and overhead storage lofts. The left suite also has drive-through overhead doors and a laundry room adjoining the rear office, and it is leased to long-term tenants.
The site is zoned LIGHT INDUST and provides Vista West water service, split electrical service, a fenced rear yard, RV hookups, and a rear RV dump station. The layout supports business operations, equipment storage, and larger-vehicle maneuvering, with parking and outdoor storage areas incorporated into the property.
The site is zoned LIGHT INDUST and provides Vista West water service, split electrical service, a fenced rear yard, RV hookups, and a rear RV dump station. The layout supports business operations, equipment storage, and larger-vehicle maneuvering, with parking and outdoor storage areas incorporated into the property.
Key Highlights
- 5,150‑square‑foot steel flex building on 1.02 acres
- Two separate warehouse/shop suites, each with an office, restroom, and independent utilities
- Left suite includes drive‑through overhead doors and is leased to long‑term tenants
Financial Insights For Flex RnD
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 | $48.8k | $9.48 |
| − Vacancy | −$3.3k | −$0.64 |
| EGI | $45.5k | $8.84 |
| − OpEx | −$15.9k | −$3.09 |
| NOI | $29.6k | $5.74 |
5,150 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Office B
$816.1K
$714.1K – $952.1K
NOI $57,126 @ 7.0% cap · market cap 14.28%
Second Best
Flex RnD
$422.5K
$369.7K – $492.9K
NOI $29,576 @ 7.0% cap · market cap 7.39%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,488 @ 7.0% cap · market cap 20.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 82609, WY
18,845
Population
9,184
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
97%
High-School Grad
65.2 sq mi
ZIP Area
289
Density / Sq Mi
$70,902
Median Household Income
$43,256
Median Earnings
$1,043
Median Rent
$280,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Two independently configured suites combine office, restroom, warehouse, and shop functionality.
Where is this flex space located?
The property is located at 2308 Clover Casper, WY.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 5,150‑square‑foot steel flex building on 1.02 acres; Two separate warehouse/shop suites, each with an office, restroom, and independent utilities; Left suite includes drive‑through overhead doors and is leased to long‑term tenants
