Flex Space with Concrete
For Sale
$885,999
635 N Glenn, Casper, WY 82601
COMMERCIAL, Casper, WY
Property Size9,600 SF
Lot Size1.06 Acres
Price / SF$92.29
Days on Market223
Property Features for 635 N Glenn
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
M1
Fencing
Chain Link
Subdivision
CASPER CENTRAL
Standard status
Active
Lot size
1.06 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
WYOMING IND PK BLK 7 LOT 7 & 8 S 50 (RPLT) COMMERCIAL
Tax Annual Amount
3057
Legal Description
WYOMING IND PK BLK 7 LOT 7 & 8 S 50 (RPLT) COMMERCIAL
Amenities
private bathroom
laundry hookups
utility sink
Building Details
Year built
2002
Roof type
Aluminum
Listing Agency:
Real Estate Leaders
(307) 337-2010
Listed By:
Justin Edberg · License #RE-16451
(307) 321-8937
Added: Mar 23
Changed: Oct 22
Last Checked: Oct 31 at 8:06AM
MLS# 20261269
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.
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Investment Insights
Based on property information with market context.
This 9,600-square-foot flex property was built in 2002 and occupies 1.06 acres. The building includes concrete flooring, a private bathroom, laundry hookups, and a utility sink-ready area. An aluminum roof and chain-link fencing covering most of the lot add practical features for commercial operations.
Located at 635 N Glenn in Casper, the property provides immediate access to I-25 and sits within the city’s commercial district. M1 zoning supports its industrial-oriented commercial classification, while the combination of building area and site size provides a substantial footprint for an owner-user or other commercial operation.
Located at 635 N Glenn in Casper, the property provides immediate access to I-25 and sits within the city’s commercial district. M1 zoning supports its industrial-oriented commercial classification, while the combination of building area and site size provides a substantial footprint for an owner-user or other commercial operation.
Key Highlights
- 9,600 sq ft flex property on 1.06 acres
- M1 zoning with immediate access to I‑25
- Concrete floors throughout the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,133
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,102,660
$1.1M
Cap Rate 7%
$787,614
$787.6K
Cap Rate 9%
$612,589
$612.6K
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$91.0K $9.48/SF
− Vacancy
−$6.2K −$0.64/SF
EGI
$84.8K $8.84/SF
− OpEx
−$29.7K −$3.09/SF
NOI
$55.1K $5.74/SF
Area
Natrona County, WY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,102,660
Cap Rate 7%
$787,614
Cap Rate 9%
$612,589
Alternative Uses
Best Use
Flex RnD
$787.6K
$689.2K – $918.9K
NOI $55,133 @ 7.0% cap · market cap 6.22%
Second Best
Warehouse
$778.9K
$681.5K – $908.7K
NOI $54,522 @ 7.0% cap · market cap 6.15%
Theoretical Best
Office A
$2.14M
$1.88M – $2.50M
NOI $150,036 @ 7.0% cap · market cap 16.93%
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
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 82601, WY
27,180
Population
12,967
Households
2.1
Avg Household Size
37
Median Age
27%
College-Educated
93%
High-School Grad
478.8 sq mi
ZIP Area
57
Density / Sq Mi
$68,526
Median Household Income
$40,658
Median Earnings
$856
Median Rent
$244,200
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
Frequently Asked Questions
What type of property is this?
Flex space - M1-zoned commercial property with a fenced lot, utility features, and immediate access to I-25.
Where is this flex space located?
The property is located at 635 N Glenn Casper, WY.
What is the asking price?
The asking price for this property is $885,999.
What are key features of this property?
This property features: 9,600 sq ft flex property on 1.06 acres; M1 zoning with immediate access to I‑25; Concrete floors throughout the building
