Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Retail Property For Sale Title is generated by Realmo AI

    446 18th St W, Dickinson, ND 58601

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully leased retail property with long-term, stable income.

    Type:Retail
    Property size:
    36,824 SF
    Lot size:
    2.04 Acres
    Price / SF:
    $181/SF
    Added:
    Mar 23, 2026
    Days on Market:
    51
    Last Refresh:
    Mar 25 at 8:41 am

    Property Features for 446 18th St W

    General Information

    Standard status
    Active
    Size
    36,824 SF
    Lot size
    2.04 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1981

    We can help!

    Listing Contact
    Isaiah Harf
    Isaiah Harf

    Listing agent Isaiah Harf License #IL 471019332

    Listing office Northmarq - Chicago

    Listing date Mar 23, 2026

    Source Crexi

    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 Northmarq - Chicago

    HighLights

    • 100% leased to Harbor Freight Tools and T.J. Maxx.
    • Both tenants operating under 10‑year lease agreements with 8+ years remaining.
    • Fully renovated retail property.
    • Turn‑key investment with long‑term, stable income.
    • Approximately 36,824 square feet of retail space.
    • Located on a 2.04 acre parcel.

    Overview

    A fully renovated, dual-tenant retail property is available for sale. The property is located at 446 18th Street West, Dickinson, North Dakota. It features approximately 36,824 square feet of retail space situated on a 2.04 acre parcel. The property is 100% leased to Harbor Freight Tools and T.J. Maxx. Both tenants are operating under 10-year lease agreements, each with over 8 years remaining. The property has been fully repositioned with modern upgrades to suit national retailers, offering a turn-key investment with long-term, stable income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Harbor Freight Tools Building Supply ND Pharmacy Pharmacy Coinstar Bank Earl Abrahamson Pharmacy Dawn Pruitt Pharmacy

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • T-Rex Plaza — 1173 3rd Ave W, Dickinson, ND 58601
    • North Dakota MV Express Kiosk — 1761 3rd Ave W, Dickinson, ND 58601
    • Coinstar Kiosk - Bitcoin ATM — 1761 3rd Ave W Coborn's, Dickinson, ND 58601
    • Prairie Hills Mall — 1681 3rd Ave W, Dickinson, ND 58601
    • Coin Cloud Bitcoin ATM — 1761 3rd Ave W, Dickinson, ND 58601

    Location Insight

    • Map
    • Local Demand
    City
    Dickinson
    County
    Stark
    State
    North Dakota
    Longitude
    -102.791825
    Latitude
    46.902622

    Nearby Similar for Sale

    • $1,278,000
      14,200 SF

      High-Yield Industrial Investment Property

      Industrial property with 10% cap rate and limited landlord responsibilities.
      10863 29th P St SW Dickinson, Dickinson, ND 58601
      View Details
    • $574,100
      5,600 SF

      Former Distillery with Redevelopment Potential

      Unique property in San Leon subdivision, Dickinson, awaiting creative vision.
      341 SW 5th St, Dickinson, ND 58601
      View Details
    • $2,500,000
      10,604 SF

      Warehouse and Shop Area ForRent

      9,720 SF warehouse and shop area with 884 SF office.
      2090 3rd Ave W, Dickinson, ND
      View Details
    • $4,500,000
      21,217 SF

      Dickinson Office Building For Sale

      Single-story office building with expansion groundwork completed in Dickinson, ND.
      3239 Highway 22 N, Dickinson, ND
      View Details
    • $795,000
      4,000 SF

      Dickinson Shop Space For Sale

      4,000 sq.ft. shop space with overhead and dock doors.
      366 26th St E, Dickinson, ND 58601
      View Details
    • $399,000

      Historic Building with Office Space

      Historic building featuring office space and a residential apartment.
      28 1st Ave W, Dickinson, ND, 58601-5101
      View Details
    • $375,000

      Shop Condo with Modern Design

      Shop condo featuring modern design, ample workspace, and radiant heating.
      3818 4th Ave E, Dickinson, ND, 58601
      View Details

    FAQs

    What type of property is this?
    Shopping center - Fully leased retail property with long-term, stable income.
    Where is this shopping center located?
    The property is located at 446 18th St W Dickinson, ND.
    What is the asking price?
    The asking price for this property is $6,666,267.
    What are key features of this property?
    This property features: 100% leased to Harbor Freight Tools and T.J. Maxx.; Both tenants operating under 10‑year lease agreements with 8+ years remaining.; Fully renovated retail property.
    (312) 777-2437 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Isaiah Harf
    Isaiah Harf
    Real Estate License ID: IL 471019332
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    446 18th St W, Dickinson, ND 58601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!