Medical Office with Therapy
New
For Sale
$299,000
322 Main St, Pine Bluffs, WY 82082
A clinic-style layout combines treatment rooms, office space and a substantial area for therapy activities.
Property Size2,625 SF
Price / SF$113.90
Days on Market4
Property Features for 322 Main St
General Information
Standard status
Active
Size
2,625 SF
Property subtype
Commercial
Building Details
Year Built
1920
Listing Agency:
#1 Properties
Listed By:
Natacha Gaspar · License #1932
(307) 640-6915
Source:
Karihappoldrealestate
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 3 at 2:17AM
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 #1 Properties
Investment Insights
Based on property information with market context.
Configured for clinical use, this 2,625-square-foot medical office currently operates as a physical therapy clinic. The interior includes three treatment rooms, a private office, a kitchen, and a large gym and therapy area. An additional section at the front can support office or treatment functions, expansion, or separate leasing. The building dates to 1920 and has handicap accessibility.
The property is near Kimball Health Clinic at 322 Main St in Pine Bluffs, Wyoming. The sale includes the real estate only; the business, equipment, and inventory are excluded. The existing layout is also suited to professional, wellness, and office uses.
The property is near Kimball Health Clinic at 322 Main St in Pine Bluffs, Wyoming. The sale includes the real estate only; the business, equipment, and inventory are excluded. The existing layout is also suited to professional, wellness, and office uses.
Key Highlights
- 2,625‑square‑foot medical office building
- Currently configured as a physical therapy clinic
- Three treatment rooms, private office, and kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,680
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,600
$453.6K
Cap Rate 7%
$324,000
$324.0K
Cap Rate 9%
$252,000
$252.0K
Market Conditions
NOI Build-Up for 2,625 SF
Gross rent
$47.3K $18.00/SF
− Vacancy
−$9.5K −$3.60/SF
EGI
$37.8K $14.40/SF
− OpEx
−$15.1K −$5.76/SF
NOI
$22.7K $8.64/SF
Area
Laramie County, WY
Vacancy
20.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$453,600
Cap Rate 7%
$324,000
Cap Rate 9%
$252,000
Alternative Uses
Best Use
Healthcare Medical
$324.0K
$283.5K – $378.0K
NOI $22,680 @ 7.0% cap · market cap 7.59%
Second Best
Office B
$191.3K
$167.4K – $223.2K
NOI $13,391 @ 7.0% cap · market cap 4.48%
Theoretical Best
Retail
$430.1K
$376.4K – $501.8K
NOI $30,110 @ 7.0% cap · market cap 10.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 82082, WY
1,764
Population
751
Households
2.3
Avg Household Size
42
Median Age
23%
College-Educated
95%
High-School Grad
320.0 sq mi
ZIP Area
6
Density / Sq Mi
$66,388
Median Household Income
$42,972
Median Earnings
$725
Median Rent
$316,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A clinic-style layout combines treatment rooms, office space and a substantial area for therapy activities.
Where is this medical office space located?
The property is located at 322 Main St Pine Bluffs, WY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 2,625‑square‑foot medical office building; Currently configured as a physical therapy clinic; Three treatment rooms, private office, and kitchen
