4255 Butler-Spaeth Rd Gillette, WY 82718
This 4.85-acre parcel, located at 4255 Butler-Spaeth Rd, Gillette, Wyoming 82718, offers a unique opportunity for commercial development. Zoned I-1 Light Industrial, the property boasts flat terrain and easy access, situated just off the intersection of two major roads and adjacent to a new townhome community. Its location provides convenient proximity to S. Douglas Highway, placing it within a short distance of key transportation routes. The site is in a transitional area between residential and commercial zones, increasing the likelihood of rezoning approval from the City of Gillette. This makes it suitable for a variety of uses, including office space, light industrial facilities, or select retail establishments. The asking price is $475,000, representing a price per acre of $97,938. Ownership is fee simple. An adjacent 7.23-acre lot is also available for purchase. Developers interested in residential projects may be eligible for grants through the Wyoming Community Development Authority (WCDA). Further information on WCDA grants can be found at [link removed as per instructions]. This property presents a compelling investment opportunity in a growing area of Gillette.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.