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+/- 32.50 acres for R-3 Development

32.50 acres (1,415,700 sf) inside city limits, zoned R-3 High-Density Residential. R-3 uses a site-area formula: for townhomes/multifamily up to 4 units, 7,000 sf for the first unit + 3,000 sf each thereafter; beyond 4 units, 7,000 + 3,000 (next 3) + 1,000 per additional unit. Max building coverage 70%; typical front/side/rear yards apply. This framework supports efficient, phased multifamily development.

Dickinsons 2024 population est. 25,695 and Aug 2025 unemployment 2.5% indicate tight labor markets and steady household formation. Market-rate asks average ~$992/mo overall and ~$1,185 for 2BR; HUD FY2025 2-BR FMR = ~$1,020, a clear workforce price band that broadens demand.

North Dakota crude output has hovered near ~1.15 MMbpd (mid-2025), sustaining contractor, logistics, and services employment. Dickinson also sits ~86 miles from Watford City (core Bakken activity), letting workers...

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Corner of 8th Street SE & 6th Avenue SE

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MR. LANDMAN

Champaign, IL

(701) 394-3473
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