Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    10935 27J St Dickinson, ND 58601

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    10935 27J St Dickinson, ND 58601

    View on Map
    • Land
    • 44.75 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Target Lodging Dunn County Lodge / Hotel & Motel / Bed & Breakfast

    Property Details for 10935 27J St

    Lot size
    44.75 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 44.75-acre parcel of prime industrial land is strategically located in Dickinson, North Dakota, at 10935 27 J Street SW, within Stark County, zip code 58601. The property, zoned for industrial use, offers a unique opportunity for various development projects. Its advantageous location is proximate to several significant oil service companies, including the former Cruz Energy, ND Energy Services, Legend Energy Services, and Marathon Oil Corp. Previously used to house modular units (now removed), the land boasts existing infrastructure including water service and a water tank on-site. Electricity is also available. The property is fully fenced for enhanced security. A portion of the land is comprised of gravel, while the remainder is raw land. Note that there is no sewage facility available. A two-year contract with the local municipality remains in effect. The asking price is $1,340,000, translating to $29,944 per acre. An adjacent property, featuring a shop and additional acreage, is also available for purchase separately. This property presents a compelling investment opportunity in a thriving industrial area.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Dickinson
    County
    Stark
    State
    North Dakota
    Longitude
    -102.855
    Latitude
    46.9207

    Comparable in this City

    • Value Estimation by Request
      3.01 Acres

      Implement Dr

      Land • 3.01 Acres
      0 Implement Dr, Dickinson, ND 58601
      View Details
    • Value Estimation by Request
      27.47 Acres

      1St Ave

      Land • 27.47 Acres
      0 1St Ave, Dickinson, ND 58601
      View Details
    • Value Estimation by Request
      5.18 Acres

      11082 32E St

      Land • 5.18 Acres
      11082 32E St, Dickinson, ND 58601
      View Details
    • Value Estimation by Request
      41.45 Acres

      115Th Ave

      Land • 41.45 Acres
      0 115Th Ave, Dickinson, ND 58601
      View Details
    • Value Estimation by Request
      20,660 SF

      10944 27D St

      Distribution properties • 20,660 SF
      10944 27D St, Dickinson, ND 58601
      View Details
    • Value Estimation by Request
      5.00 Acres

      Roughrider Blvd

      Land • 5.00 Acres
      0 Roughrider Blvd, Dickinson, ND 58601
      View Details

    Similar Nearby for Sale

    • $1,278,000

      High-Yield Industrial Investment Property

      Industrial property with 10% cap rate and limited landlord responsibilities.
      10863 29P St SW Dickinson, Dickinson, ND 58601
      View Details
    • Contact for pricing

      Dickinson Land For Sale

      Land available in Dickinson, North Dakota.
      11082 32E St, Dickinson, ND 58601
      View Details
    • Contact for pricing

      Land Available Along Highway 22

      Land for sale along Highway 22 in North Dickinson.
      40th 40Th St W, Dickinson, ND 58601
      View Details
    • Contact for pricing
      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
    • Contact for pricing

      Shop Condo with Modern Design

      Shop condo featuring modern design, ample workspace, and radiant heating.
      3818 4Th Ave E, Dickinson, ND 58601
      View Details
    • Contact for pricing
      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 58601
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Building in Five Diamond

      Single-tenant industrial building with ample yard and excellent access.
      2981 Avenue Southwest, Dickinson, ND 58601
      View Details
    • Contact for pricing

      Westridge Market Center Retail Space

      Retail and office spaces available in Dickinson's Westridge Market Center.
      3275 W Ridge Dr, Dickinson, ND 58601
      View Details
    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.
    10935 27J St
    Dickinson, ND 58601
    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

    10935 27J St, 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!