Versatile Commercial Property
4113 W Yellowstone Highway Casper Casper, WY 82604
For Sale
Contact for pricing
High-visibility commercial property with warehouse space and ample parking.
Property Size20,827 SF
Lot Size1.00 Acre
Price / SF$68.66
Days on Market258
Property Features for 4113 W Yellowstone Highway Casper
General Information
Standard status
Active
Size
20,827 SF
Lot size
1.00 Acre
Property subtype
Industrial, Mixed Use, Office, Special Purpose
Listing Agency:
Steinhoff & Co with LPT Realty
Listed By:
Nathaniel "Nat" Steinhoff · License #WY12926
Source:
Crexi
Added: Nov 11, 2025
Changed: Jul 10
Last Checked: Jul 26 at 1:09PM
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 Steinhoff & Co with LPT Realty
Investment Insights
Based on property information with market context.
This commercial property is located at a busy intersection, specifically at the corner of SW Wyoming Blvd and West Yellowstone Hwy, with a high traffic count exceeding 15,000 vehicles per day. The property includes nearly 23,000 square feet of total building space on over an acre of land. The property features over 16,000 square feet of warehouse/shop area, a secure fenced yard, and ample off-street parking. The location provides quick access to Casper/Natrona County International Airport and seamless access to Interstate 25 and the business bypass. Neighboring parcels are available for purchase, allowing for expansion. The site was formerly used as a truck dealership and includes existing offices, a showroom, a parts room, and shop spaces. The property is positioned as a potential location for manufacturing, including medical device and biomedical production. Natrona County saw $377.8 million in visitor spending in 2024, supporting over 3,400 jobs. The location is near Casper Mountain, the North Platte River, and lakes such as Alcova and Pathfinder.
Key Highlights
- High‑visibility location at a busy intersection (SW Wyoming Blvd and West Yellowstone Hwy) with over 15,000 vehicles per day
- Large building with nearly 23,000 sq ft of total space, including over 16,000 sq ft of warehouse/shop area
- Excellent logistics with quick access to the airport, Interstate 25, and the business bypass
Financial Insights For Warehouse
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 | $145.0k | $6.96 |
| − Vacancy | −$5.8k | −$0.28 |
| EGI | $139.2k | $6.68 |
| − OpEx | −$20.9k | −$1.00 |
| NOI | $118.3k | $5.68 |
20,827 SF · lease $6.96/SF/yr · vacancy 4.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.30M
$2.89M – $3.85M
NOI $231,023 @ 7.0% cap · market cap 16.16%
Second Best
Retail
$2.64M
$2.31M – $3.08M
NOI $185,094 @ 7.0% cap · market cap 12.94%
Theoretical Best
Office A
$4.65M
$4.07M – $5.43M
NOI $325,501 @ 7.0% cap · market cap 22.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - High-visibility commercial property with warehouse space and ample parking.
Where is this mixed-use property located?
The property is located at 4113 W Yellowstone Highway Casper Casper, WY.
What is the asking price?
The asking price for this property is $1,430,000.
What are key features of this property?
This property features: High‑visibility location at a busy intersection (SW Wyoming Blvd and West Yellowstone Hwy) with over 15,000 vehicles per day; Large building with nearly 23,000 sq ft of total space, including over 16,000 sq ft of warehouse/shop area; Excellent logistics with quick access to the airport, Interstate 25, and the business bypass
