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Property profile & analytics
OFF-MARKET Estimated value $545,000
Office buildings

413 Douglas Hwy Gillette, WY 82716-4028

4,949 SF 0.25 ac lot Built 1973
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US95-0068168
Property summary
AI-generated overview

This exceptional commercial property, located at 413 S Douglas Hwy in Gillette, Wyoming, presents a unique investment opportunity. The 4,949 square foot building, constructed in 1973 and renovated in 2012, boasts a desirable Class B rating. Situated on a 0.25-acre lot in a C-1 zoned area, this single-story building offers ample parking with 14 spaces on approximately 6,000 square feet of concrete. The property's prime location at the corner of South Douglas Highway and 5th Street places it within one of Gillette's highest traffic corridors, ensuring excellent visibility and accessibility. The interior features six generously sized offices, a file/break room, a reception area, and convenient storage space. High-quality finishes include solid six-panel wood doors, tile flooring in the bathrooms, and a 9-foot ceiling with acoustic tile. The property is currently available for occupancy on December 31, 2024, and is offered at an asking price of $745,000. This versatile space is ideal for a variety of businesses seeking a well-maintained, high-traffic location in the heart of Gillette. The property's combination of office and retail subtypes makes it suitable for a wide range of commercial uses.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Total area 4,949 SF
Lot 0.25 ac (11,000 SF)
APN R0001314
UPID US95-0068168
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Open Mortgage Loan Service Bank
  • USA Mortgage Loan Service Bank
  • Unify home lending Loan Service Bank
  • Donald Cale Public Accountant Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$531k
Blend (final) Blend
$545k
Owner & transaction history
Michel Ormsby · 1 yrs held
Michel Ormsby
since 2025
4 recorded transactions
2025
Price N/A
2019
Price N/A
2010
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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