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Property profile & analytics
OFF-MARKET
Estimated value
$1,545,000
Warehouses
11080 32nd SW St Dickinson, ND 58601-9417
Entity Owned
5-yr Hold
Absentee Owner
Property ID
US56-0408783
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2015
Total area
12,000 SF
Lot
4.16 ac (181,210 SF)
APN
27-0000-04939-000
UPID
US56-0408783
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Storage Units of Dickinson Storage Facility
-
K&B Home Team Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
$1.46M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.55M
Owner & transaction history
58601 Storage LLC · 5 yrs held
58601 Storage LLC
since 2020
Last sale
$1.6M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.4M
+18.4%
Restaurant
$1.2M
+0.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Dickinson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dickinson submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,885,000
ML approach
$2,100,000
CAP Approach
CAP Return
Estimation
6%
$1,580,000
6.5%
$1,460,000
7%
$1,355,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,145,000
Current use
MEDICAL BUILDING
$1,355,000
Change: +18% · Conversion: Difficult
RESTAURANT
$1,150,000
Change: +1% · Conversion: Difficult
RETAIL STORES
$935,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$1.55M
Range $1.39M – $1.70M · ±10% · vs last sale $1.60M (Dec 17 2020)
Last sale anchor
$1.60M
Dec 17 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$129 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$16,084
Tax year 2022
Assessed value
$1,587,100
Assessed 2024
Previous assessed
$1,528,500
+3.8% YoY
Effective rate
1.01%
On assessed value
Assessed land
$106,600
Assessed improvement
$1,480,500
Land market value
$213,200
Improvement market value
$2,961,000
Total market value
$3,174,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2015
Buildings
6
Stories
1
Total area
12,000 SF
Lot
4.16 ac (181,210 SF)
APN
27-0000-04939-000
UPID
US56-0408783
Jurisdiction
STARK
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$1.4M
RESTAURANT
Est. value
$1.2M
RETAIL STORES
Est. value
$935,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
RESTAURANT
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2015
Stories
1
Buildings
6
Lot
4.16 ac
Current owner
From public records · entity-resolved
58601 Storage LLC
Entity
Mailing address
15420 HIGHWOOD DR, MINNETONKA, MN 55345-2815
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2021
—
58601 Storage LLC
—
Deed
related
$1,600,000 · Gate City Bank
Dec 17, 2020
$1,600,000
58601 Storage LLC
Storage Units Of Dickinson LLC
Warranty Deed
—
Dec 5, 2016
—
Storage Units Of Dickinson LLC
—
Deed
related
$842,082 · American Bank Center
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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