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    Property profile & analytics

    402 Douglas Hwy Gillette, WY 82716-4029

    • Retail space
    • 17,872 SF
    • 1.43 lot acres
    OFF-MARKET
    Value Estimation
    $520,000
    Location Intelligence
    Property ID
    US95-0076650
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bill's Barber Shop / Barber Shop

    Property Details for 402 Douglas Hwy

    Year built
    1961
    Lot size
    1.43 lot acres
    Property size
    17,872 SF
    Property type
    Retail space
    APN
    R0001347
    APU
    R0001347

    Description

    Deckers Plaza, located at 402 S Douglas Hwy, Gillette, Wyoming 82716, presents a compelling investment opportunity. This single-story, 30,602 square foot shopping center, built in 1961, sits on a 1.43-acre lot and boasts 300 feet of prime Highway 59 frontage, ensuring exceptional visibility and accessibility. The property is currently 100% occupied by five long-term tenants, providing a stable and consistent income stream. The modified lease structure offers a secure passive investment with a diverse mix of retail and office tenants. The center's strategic location in a high-traffic area guarantees a steady flow of customers. Ample parking is available for patrons. This established shopping center offers a proven track record of successful tenancies, making it an attractive acquisition for investors seeking a stable, high-visibility retail property in a thriving Wyoming market. The property consists of one building with five individual units. The asking price for this exceptional retail investment is $2,250,000.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $530,000

    • CAP approach

      CAP return
      Estimation
      6%
      $595,000
      6.5%
      $550,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $530,000
      Geo Method
      $530,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $525,000
      Retail
      $590,000
      Mixed-Use
      $545,000
      Hospitality
      $560,000
      Educational
      $510,000
      Residential Income
      $510,000
      Energy
      $570,000
      Income-Based Land
      $455,000
      Food Service
      $525,000

    Location Insight

    • Map
    • Local Demand
    City
    Gillette
    County
    Campbell
    State
    Wyoming
    Longitude
    -105.495
    Latitude
    44.2908
    CBSA code
    23940
    CBSA name
    GILLETTE, WY MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $13,091
    $37,359
    $148,807
    $186,166
    -
    $393,254
    $1,566,388
    $1,959,642

    Comparable in this City

    • Value Estimation by Request
      4,020 SF

      116 Gillette Ave

      RETAIL STORES (PERSONAL SERVICES) • 4,020 SF
      116 Gillette Ave, Gillette, WY 82716-3702
      View Details
    • Value Estimation by Request
      5,800 SF

      200 Gillette Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,800 SF
      200 Gillette Ave, Gillette, WY 82716-3704
      View Details
    • Value Estimation by Request
      1,369 SF

      200 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 1,369 SF
      200 2nd St, Gillette, WY 82716-3809
      View Details
    • Value Estimation by Request
      1,890 SF

      605 7th St

      RETAIL STORES (PERSONAL SERVICES) • 1,890 SF
      605 7th St, Gillette, WY 82716-4403
      View Details
    • Value Estimation by Request
      3,450 SF

      108 Burma Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,450 SF
      108 Burma Ave, Gillette, WY 82716-3411
      View Details
    • Value Estimation by Request
      657 SF

      439 Prairieview Dr Ste F

      RETAIL STORES (PERSONAL SERVICES) • 657 SF
      439 Prairieview Dr Ste F, Gillette, WY 82716-4959
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      796 SF

      Retail Space on Douglas Hwy

      Retail space with ample parking and high traffic counts.
      2550 S Douglas Hwy, Gillette, WY 82716
      View Details
    • $26 SF/Yr
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      Prime Medical Office Suite Available

      900 SF Medical Office Space for Lease
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      View Details
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    402 Douglas Hwy
    Gillette, WY 82716-4029
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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