Warehouse with Office and
For Sale
Contact for pricing
2090 3rd Ave W, Dickinson, ND 58601
Warehouse and shop space with an office plus mezzanine, supported by a large parking lot.
Property Size10,604 SF
Lot Size1.32 Acres
Price / SF$235.76
Days on Market277
Property Features for 2090 3rd Ave W
General Information
Standard status
Active
Size
10,604 SF
Lot size
1.32 Acres
Property subtype
RETAIL
Site & Location
Traffic Count
11,630 vehicles/day
Highway Access
Yes
Road Access
Yes
Listing Agency:
Duemelands Commercial Real Estate
(701) 221-9033
Listed By:
Jill Duemeland · License #7141
Source:
Moodyscre
Added: Oct 28, 2025
Changed: Jul 26
Last Checked: Jul 31 at 4:34AM
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 Duemelands Commercial Real Estate
Investment Insights
Based on property information with market context.
This property offers a combined warehouse and shop layout totaling 9,720 square feet, along with 884 square feet of office space featuring an additional mezzanine level.
The site sits on 1.32 acres and includes a large parking lot. It is accessed from 21st Street E and is located close to major retailers including Walmart, Runnings, TJ Maxx, Harbor Freight, and Prairie Hills Mall. The property benefits from signalized intersection access and high visibility from Highway 22, listed at 11,630 vehicles per day.
Overall, the site combines warehouse and shop functionality with dedicated office and mezzanine space, providing a straightforward configuration for light industrial and distribution-oriented uses within a retail-heavy area.
The site sits on 1.32 acres and includes a large parking lot. It is accessed from 21st Street E and is located close to major retailers including Walmart, Runnings, TJ Maxx, Harbor Freight, and Prairie Hills Mall. The property benefits from signalized intersection access and high visibility from Highway 22, listed at 11,630 vehicles per day.
Overall, the site combines warehouse and shop functionality with dedicated office and mezzanine space, providing a straightforward configuration for light industrial and distribution-oriented uses within a retail-heavy area.
Key Highlights
- 9,720 SF warehouse and shop area
- 884 SF office with mezzanine
- 1.32‑acre site (57,499 SF) with a large parking lot
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $190.9k | $18.00 |
| − Vacancy | −$19.1k | −$1.80 |
| EGI | $171.8k | $16.20 |
| − OpEx | −$60.1k | −$5.67 |
| NOI | $111.7k | $10.53 |
10,604 SF · lease $18.00/SF/yr · vacancy 10.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.60M
$1.40M – $1.86M
NOI $111,660 @ 7.0% cap · market cap 4.47%
Second Best
Warehouse
$1.09M
$953.2K – $1.27M
NOI $76,253 @ 7.0% cap · market cap 3.05%
Theoretical Best
Multifamily LT 5
$8.41M
$7.36M – $9.81M
NOI $588,704 @ 7.0% cap · market cap 23.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
11,630 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
989
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Astoria Catering — 363 15th St W, Dickinson, ND 58601
Frequently Asked Questions
What type of property is this?
Flex space - Warehouse and shop space with an office plus mezzanine, supported by a large parking lot.
Where is this flex space located?
The property is located at 2090 3rd Ave W Dickinson, ND.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 9,720 SF warehouse and shop area; 884 SF office with mezzanine; 1.32‑acre site (57,499 SF) with a large parking lot
