400 Kendrick Ave Gillette, WY 82716-3848
- Office buildings
- 12,000 SF
- 0.32 lot acres
Current Use by Public Records
- Recovery Systems Inc / Data Recovery Service
- Bruce Brown CPA LLC / Payroll Service / Accountant
- Bruce Brown CPA dba Integrity Buisness Systems LLC / Accounting Firm
- Pat Avery Real Estate / Real Estate Agency
- Powder River Protective Services / Security Guard Service / Private Investigator
Property Details for 400 Kendrick Ave
- Year built
- 1979
- Lot size
- 0.32 lot acres
- Property size
- 12,000 SF
- Property type
- Office buildings
- APN
- R0002158
- APU
- R0002158
Description
This exceptional three-story executive office building presents a fantastic investment opportunity in the heart of downtown Gillette, Wyoming. Located at 400 S Kendrick Ave, 82716, this property boasts a substantial 18,000 square feet of office space, meticulously divided into multiple suites catering to diverse business needs. Each of the three floors offers 6,000 square feet of usable space, providing flexibility for various configurations. Built in 1979, the building sits on a 0.32-acre lot (approximately 13,939.20 square feet), featuring a paved parking lot for convenient access. The property is zoned R-4, offering potential for a range of uses. The building's prime downtown location provides excellent visibility and accessibility, making it an ideal investment for both established businesses and new ventures. Detailed information regarding the building's specifications was obtained from the Campbell County Assessor's office. This is a rare opportunity to acquire a substantial, well-located office building in a thriving Wyoming community. The asking price for this turnkey property is $2,200,000. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $430,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $655,000
- 6.5%
- $595,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $555,000
- Geo Method
- $605,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $610,000
- Retail
- $610,000
- Mixed-Use
- $545,000
- Hospitality
- $705,000
- Educational
- $650,000
- Residential Income
- $525,000
- Energy
- $695,000
- Income-Based Land
- $725,000
- Food Service
- $625,000
Location Insight
- Map
- Local Demand
- City
- Gillette
- County
- Campbell
- State
- Wyoming
- Longitude
- -105.503
- Latitude
- 44.291
- CBSA code
- 23940
- CBSA name
- GILLETTE, WY MICROPOLITAN STATISTICAL AREA
