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    23 And 85 Schafer, ND 58854

    For Sale
    Contact for pricing

    Prime Commercial Land, Watford City, ND

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 54.73-acre commercial land parcel presents a unique investment opportunity in the thriving Watford City, North Dakota area. Ideally situated at the intersection of Highways 23 and 85, this property boasts significant highway frontage, ensuring high visibility and accessibility. The parcel is zoned C-1, allowing for a wide range of commercial development possibilities. Utilities are readily available, with sewer, water, gas, and electricity already hooked up, simplifying the development process and reducing upfront costs. The property's location in the heart of Watford City offers unparalleled convenience and proximity to essential amenities and services. The parcel ID is 83-28-00100. This prime location, coupled with its size and utility access, makes this land an attractive prospect for various commercial ventures. Serious inquiries are encouraged

    Property Features for 23 And 85

    General Information

    Property type
    Land
    Lot Size
    2,384,039 SF

    HighLights

    • FOR SALE | Call for Pricing
    • Open to Joint Venture
    • 54.73 +/- acres of commercial land in Watford City, ND
    • High‑visibility highway frontage on Highways 23 & 85
    • Parcel ID: 83‑28‑00100
    • C‑1 Zoning
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Schafer
    County
    Mckenzie
    State
    North Dakota
    Longitude
    -103.2871091
    Latitude
    47.7636002

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    FAQs

    What type of property is this?
    Land - Prime Commercial Land, Watford City, ND
    Where is this land located?
    The property is located at 23 And 85 Schafer, ND.
    What are key features of this property?
    This property features: FOR SALE | Call for Pricing; Open to Joint Venture; 54.73 +/- acres of commercial land in Watford City, ND
    Request Owner's contact information
    23 And 85 Schafer, ND 58854
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    Schafer, ND 58854
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    Realmo Value Estimation

    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.

    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.

    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
    23 And 85 Schafer, ND 58854
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