Gas Station Retail
For Sale
$599,000
204 Main, Dickinson, ND 58601
For-sale gas station and retail commercial property listed for sale at 204 S Main Avenue in Dickinson, North Dakota.
Property Size1,820 SF
Price / SF$329.12
Days on Market98
Property Features for 204 Main
General Information
Standard status
Active
Size
1,820 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,028
Amenities
0.00
Building Details
Year Built
1973
Listing Agency:
Continental Real Estate, Inc.
Listed By:
Diana Zietz
(877) 273-4663
Source:
Clearwaterproperties
Added: Jul 9
Changed: Oct 13
Last Checked: Oct 12 at 7:49PM
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 Continental Real Estate, Inc.
Investment Insights
Based on property information with market context.
This for-sale commercial property is identified as a gas station retail use, with automotive-focused classification among the listed property types. The asset is offered at a stated size of 1,820 square feet.
The property is located at 204 S Main Avenue in Dickinson, North Dakota (58601).
The property is located at 204 S Main Avenue in Dickinson, North Dakota (58601).
Key Highlights
- Gas station and retail commercial property for sale at 204 S Main Avenue in Dickinson, North Dakota
- Built in 1973
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,837
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,740
$376.7K
Cap Rate 7%
$269,100
$269.1K
Cap Rate 9%
$209,300
$209.3K
Market Conditions
NOI Build-Up for 1,820 SF
Gross rent
$27.3K $15.00/SF
− Vacancy
−$2.2K −$1.20/SF
EGI
$25.1K $13.80/SF
− OpEx
−$6.3K −$3.45/SF
NOI
$18.8K $10.35/SF
Area
Stark County, ND
Vacancy
8.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,740
Cap Rate 7%
$269,100
Cap Rate 9%
$209,300
Alternative Uses
Best Use
Specialty Retail
$269.1K
$235.5K – $314.0K
NOI $18,837 @ 7.0% cap · market cap 3.14%
Second Best
Retail
$245.7K
$215.0K – $286.7K
NOI $17,199 @ 7.0% cap · market cap 2.87%
Theoretical Best
Multifamily LT 5
$1.44M
$1.26M – $1.68M
NOI $101,041 @ 7.0% cap · market cap 16.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
81
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
4,318 visits/mo
0.1 miles
Demographics for 58601, ND
29,697
Population
13,619
Households
2.2
Avg Household Size
34
Median Age
28%
College-Educated
91%
High-School Grad
570.6 sq mi
ZIP Area
52
Density / Sq Mi
$81,008
Median Household Income
$49,085
Median Earnings
$968
Median Rent
$269,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Gas station - For-sale gas station and retail commercial property listed for sale at 204 S Main Avenue in Dickinson, North Dakota.
Where is this gas station located?
The property is located at 204 Main Dickinson, ND.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Gas station and retail commercial property for sale at 204 S Main Avenue in Dickinson, North Dakota; Built in 1973
