Convenience Store with Walk-In
For Sale
Contact for pricing
4603 W Yellowstone Hwy, Mills, WY 82604
Convenience store built in 1979 featuring a 10x10 walk-in cooler and additional back-of-store storage shed.
Property Size2,428 SF
Lot Size0.44 Acres
Price / SF$308.90
Days on Market438
Property Features for 4603 W Yellowstone Hwy
General Information
Standard status
Active
Size
2,428 SF
Lot size
0.44 Acres
Property subtype
RETAIL
Building Details
Year Built
1979
Listing Agency:
BRC Real Estate Corporation
Listed By:
Jason Keith · License #EA.100065249
(303) 495-2212
Source:
Moodyscre
Added: Aug 20, 2025
Changed: Oct 26
Last Checked: Oct 30 at 6:10PM
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 BRC Real Estate Corporation
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Convenience store opportunity in Mills, Wyoming featuring a 10x10 walk-in cooler and a shed for additional storage at the back of the store. The building is 2,428 SF and was built in 1979, with a site area of 0.44 AC / 19,031 SF.
The property includes an existing canopy. The previous branding (Loaf N’ Jug) suggests flexibility for a new owner to rebrand and renovate the convenience store, with the option to add tanks with the existing canopy or repurpose the building.
For buyers considering expansion or consolidation, there is also the possibility to acquire an adjacent 0.35-acre property still owned by Loaf N’ Jug, subject to separate acquisition terms. Contact for more information.
The property includes an existing canopy. The previous branding (Loaf N’ Jug) suggests flexibility for a new owner to rebrand and renovate the convenience store, with the option to add tanks with the existing canopy or repurpose the building.
For buyers considering expansion or consolidation, there is also the possibility to acquire an adjacent 0.35-acre property still owned by Loaf N’ Jug, subject to separate acquisition terms. Contact for more information.
Key Highlights
- 2,428 SF convenience store built in 1979
- 0.44 AC / 19,031 SF land area
- 10x10 walk‑in cooler in the store
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,076
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,520
$661.5K
Cap Rate 7%
$472,514
$472.5K
Cap Rate 9%
$367,511
$367.5K
Market Conditions
NOI Build-Up for 2,428 SF
Gross rent
$46.0K $18.96/SF
− Vacancy
−$1.9K −$0.80/SF
EGI
$44.1K $18.16/SF
− OpEx
−$11.0K −$4.54/SF
NOI
$33.1K $13.62/SF
Area
Natrona County, WY
Vacancy
4.20%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$661,520
Cap Rate 7%
$472,514
Cap Rate 9%
$367,511
Alternative Uses
Best Use
Specialty Retail
$472.5K
$413.5K – $551.3K
NOI $33,076 @ 7.0% cap · market cap 4.41%
Second Best
Retail
$308.3K
$269.7K – $359.6K
NOI $21,578 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$542.1K
$474.3K – $632.5K
NOI $37,947 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
33k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Maverik Adventures First Stop
Shops & Services
20,669 visits/mo
0.1 miles
Dollar General
Shops & Services
6,458 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,761 visits/mo
0.2 miles
First Interstate Bank
Shops & Services
2,281 visits/mo
0.4 miles
Demographics for 82604, WY
26,539
Population
11,589
Households
2.3
Avg Household Size
39
Median Age
27%
College-Educated
93%
High-School Grad
1,048.4 sq mi
ZIP Area
25
Density / Sq Mi
$75,683
Median Household Income
$41,825
Median Earnings
$1,090
Median Rent
$270,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Convenience store built in 1979 featuring a 10x10 walk-in cooler and additional back-of-store storage shed.
Where is this grocery and convenience store located?
The property is located at 4603 W Yellowstone Hwy Mills, WY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 2,428 SF convenience store built in 1979; 0.44 AC / 19,031 SF land area; 10x10 walk‑in cooler in the store
