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Industrial Flex Space with Shop
For Sale
$799,000

3250 Hackathorn Ln, Gillette, WY 82716

I-2-zoned flex property combines office space with a finished shop, overhead doors, and LP heating.

Property Size7,555 SF
Price / SF$105.76
Days on Market178

Property Features for 3250 Hackathorn Ln

General Information

Standard status Active
Size 7,555 SF
Property subtype Commercial
Zoning I-2

Warehouse & Industrial

Clear Height 16 ft
Office Build-Out 7,555 SF

Additional Details

Highway Access Yes

Building Details

Year Built 1974
Listing Agency: ERA Priority Real Estate
Listed By: Pat Olson · License #16353
Source: Campbellcountyhomeguide
Added: Apr 19 Changed: Oct 1 Last Checked: Oct 12 at 8:29PM

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 ERA Priority Real Estate

Investment Insights

Based on property information with market context.

This flex property includes a 7555 SF office component and a separate 40x72 shop totaling 2880 SF. The shop features 16-foot sidewalls, tall overhead doors, and Reznor LP heaters, providing practical support for industrial operations, equipment storage, or fleet-related use. The building was constructed in 1974.

The property is zoned I-2 for heavy industrial use and offers access to Hwy 14-16 and Northern Drive. Its combination of office and shop improvements creates a functional layout for businesses requiring administrative space alongside enclosed work or storage areas.

Key Highlights

  • I‑2 heavy industrial zoning
  • 7555 SF office component
  • 40x72 shop totaling 2880 SF

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,763
Cap Rate
6.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,260 $1.1M
Cap Rate 7%
$782,329 $782.3K
Cap Rate 9%
$608,478 $608.5K
Market Conditions
NOI Build-Up for 7,555 SF
Gross rent
$76.2K $10.08/SF
− Vacancy
−$11.7K −$1.55/SF
EGI
$64.4K $8.53/SF
− OpEx
−$9.7K −$1.28/SF
NOI
$54.8K $7.25/SF
Area
Campbell County, WY
Vacancy
15.40%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,095,260
Cap Rate 7%
$782,329
Cap Rate 9%
$608,478

Alternative Uses

Best Use
Office B
$1.06M
$924.3K – $1.23M (±1% cap)
NOI $73,945 @ 7.0% cap · market cap 9.25%
Second Best
Warehouse
$782.3K
$684.5K – $912.7K (±1% cap)
NOI $54,763 @ 7.0% cap · market cap 6.85%
Theoretical Best
Specialty Retail
$1.33M
$1.16M – $1.55M (±1% cap)
NOI $92,851 @ 7.0% cap · market cap 11.62%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Hilcorp Energy Co Electric Utility Company

Suggested Use

Top Pick Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Real Estate Agency Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby
Well-served
Demand for This Use

Demographics for 82716, WY

17,094
Population
7,771
Households
2.2
Avg Household Size
36
Median Age
16%
College-Educated
93%
High-School Grad
1,182.7 sq mi
ZIP Area
14
Density / Sq Mi
$77,169
Median Household Income
$45,276
Median Earnings
$890
Median Rent
$234,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - I-2-zoned flex property combines office space with a finished shop, overhead doors, and LP heating.
Where is this flex space located?
The property is located at 3250 Hackathorn Ln Gillette, WY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: I‑2 heavy industrial zoning; 7555 SF office component; 40x72 shop totaling 2880 SF
More about this property
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