Warehouse with Workshop and
540 E C Street Casper, WY 82601
For Sale
$330,000
COMMERCIAL - Casper, WY
Property Size4,200 SF
Price / SF$78.57
Days on Market302
Property Features for 540 E C Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M1
- Standard status
- Active
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- PT NE SE: (AKA CB & Q DEEDED PT NE SE 4-33-79) 4-33-79 COMMERCIAL
- Tax Annual Amount
- 1402
Utilities
- Heating system
- Natural Gas, Forced Air
Building Details
- Year built
- 1920
- Building materials
- Wood Frame
- Roof type
- Flat
Listing Agency:
Real Estate Leaders
(307) 337-2010
Listed By:
Julian Cogdill · License #13203
(307) 258-5514
Added: Sep 29, 2025
Changed: Jul 23
Last Checked: Jul 27 at 5:06AM
MLS# 20255307
Copyright © 2026 Wyoming Multiple Listing Service. 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 for-sale warehouse/shop property includes a 2,100 SF workshop with an office, a half bath, and laundry. An additional 2,100 SF loft space is located upstairs and includes a 3/4 bath, a bedroom, a kitchenette, and gathering space.
The property is zoned M1 (Limited Industrial). It is being sold mostly furnished, with some exclusions.
The overall configuration provides a combined work and living-style layout within the warehouse structure, with separate downstairs workshop improvements and an upstairs loft area.
The property is zoned M1 (Limited Industrial). It is being sold mostly furnished, with some exclusions.
The overall configuration provides a combined work and living-style layout within the warehouse structure, with separate downstairs workshop improvements and an upstairs loft area.
Key Highlights
- 4200 SF warehouse/shop with 2,100 SF workshop on the main level
- Main‑level workshop includes an office, half bath, and laundry area
- Upstairs loft area adds another 2,100 SF with a 3/4 bath, bedroom, kitchenette, and gathering space
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 | $39.8k | $9.48 |
| − Vacancy | −$2.7k | −$0.64 |
| EGI | $37.1k | $8.84 |
| − OpEx | −$13.0k | −$3.09 |
| NOI | $24.1k | $5.74 |
4,200 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 35.00%
Alternative Uses
Best Use
Office B
$665.6K
$582.4K – $776.5K
NOI $46,589 @ 7.0% cap · market cap 14.12%
Second Best
Flex RnD
$344.6K
$301.5K – $402.0K
NOI $24,121 @ 7.0% cap · market cap 7.31%
Theoretical Best
Office A
$937.7K
$820.5K – $1.09M
NOI $65,641 @ 7.0% cap · market cap 19.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Warehouse includes a dedicated workshop with office and half bath plus upstairs loft space with 3/4 bath.
Where is this flex space located?
The property is located at 540 E C Street Casper, WY.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 4200 SF warehouse/shop with 2,100 SF workshop on the main level; Main‑level workshop includes an office, half bath, and laundry area; Upstairs loft area adds another 2,100 SF with a 3/4 bath, bedroom, kitchenette, and gathering space
