Medical Office with Therapy
New
For Sale
$399,000
322 MAIN ST, Pine Bluffs, WY 82082
Commercial/Industrial, Pine Bluffs, WY
Property Size2,625 SF
Lot Size0.16 Acres
Price / SF$152
Days on Market6
Property Features for 322 MAIN ST
General Information
Property type
Commercial Sale
Property subtype
Other
Appliances
Building, Business, Fixtures, Land
Subdivision
LARAMIE
Standard status
Active
Size
2,625 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
PINE BLUFFS: LOTS 11 AND 12, BLOCK 11
Tax Annual Amount
1924
Legal Description
PINE BLUFFS: LOTS 11 AND 12, BLOCK 11
Amenities
treatment rooms
kitchen area
gym/therapy area
Building Details
Year built
1920
Building materials
Block
Roof type
Membrane
Listing Agency:
#1 Properties
(307) 634-2222
Listed By:
Natacha Gaspar · License #20220379
(307) 640-6915
Added: Sep 30
Changed: Oct 4
Last Checked: Oct 5 at 4:06PM
MLS# 102274
Copyright © 2026 Cheyenne MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,625-square-foot medical office property contains three treatment rooms, a private office, a kitchen, and a spacious gym and therapy area. A separate area near the front of the building offers additional space for expansion or independent occupancy. The property was built in 1920, has block construction and a membrane roof, and sits on a 0.16-acre parcel.
The building is currently used as a physical therapy clinic, and the sale includes the business and its inventory. The site is near Kimball Health Clinic and has handicap accessibility.
The building is currently used as a physical therapy clinic, and the sale includes the business and its inventory. The site is near Kimball Health Clinic and has handicap accessibility.
Key Highlights
- 2,625‑square‑foot medical office building on a 0.16‑acre parcel
- Three treatment rooms, a private office, kitchen, and gym/therapy area
- Front section offers room for expansion or separate occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,680
Cap Rate
5.68%
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 5.68%
Second Best
Office B
$191.3K
$167.4K – $223.2K
NOI $13,391 @ 7.0% cap · market cap 3.36%
Theoretical Best
Retail
$430.1K
$376.4K – $501.8K
NOI $30,110 @ 7.0% cap · market cap 7.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
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 - The sale combines the clinic property with its physical therapy business and inventory.
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 $399,000.
What are key features of this property?
This property features: 2,625‑square‑foot medical office building on a 0.16‑acre parcel; Three treatment rooms, a private office, kitchen, and gym/therapy area; Front section offers room for expansion or separate occupancy
