Heated Flex Space with
For Sale
$810,000
Pending
3416 Garman Rd, Gillette, WY 82716
Commercial Sale, Gillette, WY
Property Size6,200 SF
Lot Size2.98 Acres
Days on Market345
Property Features for 3416 Garman Rd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
I-1
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Directions
Hwy 59 north turn right on Gold Rd then left on Garman Rd. Listing will be at the corner of Gold and Garman.
Subdivision
Northside Area - Gillette
Standard status
Pending
Size
6,200 SF
Lot size
2.98 Acres
Taxes and HOA fees
Tax Annual Amount
4722
Amenities
central air
Building Details
Year built
2009
Listing Agency:
eXp Realty, LLC
(866) 873-0565
Listed By:
David Hendryx · License #RE-13504
(307) 689-3489
Added: Oct 28, 2025
Changed: Sep 17
Last Checked: Oct 7 at 1:06PM
MLS# 25-3004
Copyright © 2026 Northeast Wyoming REALTORS. 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 flex property combines a heated 5,000-square-foot shop with 1,200 square feet of heated office space. The office component includes central air, and the building provides two bathrooms. Constructed in 2009, the property offers a practical mix of work, administrative, and support areas within a 6,200-square-foot commercial building.
The 2.98-acre parcel adds substantial outdoor area for storage or future expansion. I-1 zoning supports its industrial-oriented positioning. The property is located at 3416 Garman Rd in Gillette, Wyoming, within Campbell County.
The 2.98-acre parcel adds substantial outdoor area for storage or future expansion. I-1 zoning supports its industrial-oriented positioning. The property is located at 3416 Garman Rd in Gillette, Wyoming, within Campbell County.
Key Highlights
- 5,000‑square‑foot heated shop
- 1,200 square feet of heated office space with central air
- 6,200‑square‑foot commercial property built in 2009
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,941
Cap Rate
5.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$898,820
$898.8K
Cap Rate 7%
$642,014
$642.0K
Cap Rate 9%
$499,344
$499.3K
Market Conditions
NOI Build-Up for 6,200 SF
Gross rent
$62.5K $10.08/SF
− Vacancy
−$9.6K −$1.55/SF
EGI
$52.9K $8.53/SF
− OpEx
−$7.9K −$1.28/SF
NOI
$44.9K $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%
$898,820
Cap Rate 7%
$642,014
Cap Rate 9%
$499,344
Alternative Uses
Best Use
Warehouse
$642.0K
$561.8K – $749.0K
NOI $44,941 @ 7.0% cap · market cap 5.55%
Second Best
Industrial
$528.7K
$462.6K – $616.8K
NOI $37,010 @ 7.0% cap · market cap 4.57%
Theoretical Best
Specialty Retail
$1.09M
$952.5K – $1.27M
NOI $76,198 @ 7.0% cap · market cap 9.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
108
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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 Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Heated shop and office configuration with I-1 zoning and outdoor area for storage or expansion.
Where is this flex space located?
The property is located at 3416 Garman Rd Gillette, WY.
What is the asking price?
The asking price for this property is $810,000.
What are key features of this property?
This property features: 5,000‑square‑foot heated shop; 1,200 square feet of heated office space with central air; 6,200‑square‑foot commercial property built in 2009
