Light Industrial Flex
4630 E Magnolia Casper, WY 82604
4630 E Magnolia, Casper, WY, 82604
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For Sale
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Four-building industrial complex with heated warehouse, yard access, and multiple overhead doors for flexible owner-user or multi-tenant use.
Property Size12,800 SF
Lot Size1.47 Acres
Price / SF$77.34
Days on Market49
Property Features for 4630 E Magnolia
General Information
- Standard status
- Active
- Size
- 12,800 SF
- Lot size
- 1.47 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1978
Listing agency
RE/MAX The Group
Listed by
Claire Marlow · License #RE-17113
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 4:00PM Checked: Jul 20 at 7:04AM
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 RE/MAX The Group
Investment Insights
Based on property information with market context.
This multi-building light industrial property offers flexible space for an owner-user, investor, or multi-tenant operation. The complex totals four buildings on approximately 1.47 acres, combining warehouse, office, and specialty improvements. Building #1 (built in 2008, 2,400 SF) includes a paint booth measuring 15' x 27', air compressors, and two 12' overhead doors. Buildings #2 and #3 are attached, with a combined 8,000 SF, and provide a mix of warehouse and office space including 11 offices, a conference room, kitchen/break area, reception area, two restrooms, HVAC, 16' ceilings, and multiple 14' overhead doors. Building #4 (built in 2016, 2,400 SF) includes office space, 14' ceilings, in-floor heat, and two 12' overhead doors.
The site features a fenced and gated yard with parking for large vehicles, supporting contractor and service-oriented operations. On-site utilities include natural gas, central air, radiant heat, 220V electricity, and three-phase power/generator capability.
With multiple warehouse components, office finishes, and oversized overhead doors, the property can support a range of flex warehouse, light manufacturing, fabrication, contractor, service industrial, or automotive-adjacent uses. Its configuration also lends itself to separate tenant occupancy while maintaining an efficient functional layout for owner-user operations.
The site features a fenced and gated yard with parking for large vehicles, supporting contractor and service-oriented operations. On-site utilities include natural gas, central air, radiant heat, 220V electricity, and three-phase power/generator capability.
With multiple warehouse components, office finishes, and oversized overhead doors, the property can support a range of flex warehouse, light manufacturing, fabrication, contractor, service industrial, or automotive-adjacent uses. Its configuration also lends itself to separate tenant occupancy while maintaining an efficient functional layout for owner-user operations.
Key Highlights
- Four‑building light industrial complex on approx. 1.47 acres with 12,800 SF total and flexible owner‑user or multi‑tenant layout.
- Heated warehouse space plus fenced and gated yard, with parking for large vehicles and multiple oversized overhead doors throughout.
- Building #1 (2008, 2,400 SF) includes a 15' x 27' paint booth, air compressors, and two 12' overhead doors.
Local Financial Insights For Flex RnD
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 | $121.3k | $9.48 |
| − Vacancy | −$8.3k | −$0.64 |
| EGI | $113.1k | $8.84 |
| − OpEx | −$39.6k | −$3.09 |
| NOI | $73.5k | $5.74 |
12,800 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Office B
$2.03M
$1.77M – $2.37M
NOI $141,984 @ 7.0% cap · market cap 14.34%
Second Best
Flex RnD
$1.05M
$918.9K – $1.23M
NOI $73,510 @ 7.0% cap · market cap 7.43%
Theoretical Best
Office A
$2.86M
$2.50M – $3.33M
NOI $200,049 @ 7.0% cap · market cap 20.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Four-building industrial complex with heated warehouse, yard access, and multiple overhead doors for flexible owner-user or multi-tenant use.
Where is this flex space located?
The property is located at 4630 E Magnolia Casper, WY.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Four‑building light industrial complex on approx. 1.47 acres with 12,800 SF total and flexible owner‑user or multi‑tenant layout.; Heated warehouse space plus fenced and gated yard, with parking for large vehicles and multiple oversized overhead doors throughout.; Building #1 (2008, 2,400 SF) includes a 15' x 27' paint booth, air compressors, and two 12' overhead doors.
