Three-Tenant Retail
For Sale
$1,200,000
801 N Center St, Casper, WY 82601
Three separately leased spaces each have their own entrance and signage.
Property Size8,000 SF
Price / SF$150
Days on Market100
Property Features for 801 N Center St
General Information
Standard status
Active
Size
8,000 SF
Property subtype
Commercial Building
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Building Details
Building Size
8,000 SF
Year Built
1952
Tenancy
Multi
Listing Agency:
Broker One Real Estate, Inc.
Listed By:
John Trost · License #15432
(307) 259-0716
Source:
Blacktreerealty
Added: Jul 24
Changed: Oct 27
Last Checked: Oct 27 at 3:37AM
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 Broker One Real Estate, Inc.
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.
This 8,000-square-foot retail building contains three tenant spaces, each with a separate entrance and signage. Built in 1952, the property is configured for multiple retail occupants.
The building is at 801 N Center St in Casper, Wyoming, immediately off I-25.
The building is at 801 N Center St in Casper, Wyoming, immediately off I-25.
Key Highlights
- Three separately leased tenant spaces
- 8,000‑square‑foot building
- Separate entrances and signage for each space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,098
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,960
$1.4M
Cap Rate 7%
$1,015,686
$1.0M
Cap Rate 9%
$789,978
$790.0K
Market Conditions
NOI Build-Up for 8,000 SF
Gross rent
$110.4K $13.80/SF
− Vacancy
−$8.8K −$1.10/SF
EGI
$101.6K $12.70/SF
− OpEx
−$30.5K −$3.81/SF
NOI
$71.1K $8.89/SF
Area
Natrona County, WY
Vacancy
8.00%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,421,960
Cap Rate 7%
$1,015,686
Cap Rate 9%
$789,978
Alternative Uses
Best Use
Retail
$1.02M
$888.7K – $1.18M
NOI $71,098 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.56M – $2.08M
NOI $125,030 @ 7.0% cap · market cap 10.42%
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
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,225
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Home Improvements & Furnishings 25%
Shops & Services 12%
Dickey's Barbecue Pit
Dining
4,286 visits/mo
0.3 miles
Slumberland Furniture
Home Improvements & Furnishings
2,287 visits/mo
0.3 miles
Great Harvest Bread Co.
Dining
1,473 visits/mo
0.3 miles
Les Schwab Tire Center
Shops & Services
1,084 visits/mo
0.5 miles
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 Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Three separately leased spaces each have their own entrance and signage.
Where is this retail space located?
The property is located at 801 N Center St Casper, WY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three separately leased tenant spaces; 8,000‑square‑foot building; Separate entrances and signage for each space
