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Dickinson Shop Space For Sale
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366 26th St E, Dickinson, ND 58601

4,000 sq.ft. shop space with overhead and dock doors.

Property Size4,000 SF
Price / SF$198.75
Days on Market293

Property Features for 366 26th St E

General Information

Standard status Active
Size 4,000 SF
Class A
Property subtype Industrial
Investment Type Owner/User

Building Details

Units 1
Listing Agency: USP Management
Listed By: Monte Froehlich · License #0980389
Source: Crexi
Added: Dec 16, 2025 Changed: Sep 20 Last Checked: Oct 4 at 7:48AM

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 USP Management

Investment Insights

Based on property information with market context.

This property offers a 4,000 sq.ft. shop space in Dickinson. It features a 14’W x 16’H overhead door and an 8’W x 9’H dock door. The space is equipped with single-phase power, a floor drain with a sand/oil interceptor, a radiant heat system, and a Class 3 fire protection system. The property includes an R19 wall and R30 roof insulation package. There is a finished 340 square foot office, restroom, and break room. An adjacent Suite 3, offering an additional 4,000 sq.ft. with an office and overhead door, is available. Suite 3 also features 3-phase power.

Key Highlights

  • 4,000 sq.ft. shop space
  • Features a 14’W x 16’H overhead door and 8’W x 9’H dock door
  • Finished 340 square foot office, restroom and break room

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,120
Cap Rate
5.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,400 $842.4K
Cap Rate 7%
$601,714 $601.7K
Cap Rate 9%
$468,000 $468.0K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$7.2K −$1.80/SF
EGI
$64.8K $16.20/SF
− OpEx
−$22.7K −$5.67/SF
NOI
$42.1K $10.53/SF
Area
Stark County, ND
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$842,400
Cap Rate 7%
$601,714
Cap Rate 9%
$468,000

Alternative Uses

Best Use
Flex RnD
$601.7K
$526.5K – $702.0K (±1% cap)
NOI $42,120 @ 7.0% cap · market cap 5.30%
Second Best
Industrial
$338.4K
$296.1K – $394.8K (±1% cap)
NOI $23,688 @ 7.0% cap · market cap 2.98%
Theoretical Best
Multifamily LT 5
$3.17M
$2.78M – $3.70M (±1% cap)
NOI $222,069 @ 7.0% cap · market cap 27.93%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Garden Center Parking Lot & Garage Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

383
Businesses Nearby
Under-served
Demand for This Use

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
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - 4,000 sq.ft. shop space with overhead and dock doors.
Where is this flex space located?
The property is located at 366 26th St E Dickinson, ND.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 4,000 sq.ft. shop space; Features a 14’W x 16’H overhead door and 8’W x 9’H dock door; Finished 340 square foot office, restroom and break room
More about this property
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