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    Tbd Main St Watford City, ND 58854

    For Sale
    $949,000

    Prime 8-acre commercial lot, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 8.258-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Watford City, North Dakota. Located on TBD Main Street, this property boasts a highly desirable Urban Commercial zoning designation, allowing for a diverse range of development possibilities. The asking price is $949,000, translating to a land value of $2.64 per square foot. Its strategic location offers immediate access to all city amenities and services, ensuring convenient access for future tenants and residents. Infrastructure is already in place, eliminating significant upfront development costs and expediting the construction process. The property's versatility allows for the creation of commercial spaces, apartments, or townhomes, catering to a wide spectrum of development needs. This is an ideal site for a mixed-use development or a residential community, capitalizing on Watford City's robust growth and vibrant atmosphere. The parcel consists of 31 individual lots (see attached parcel information for details). Don't miss this chance to secure a prime piece of real estate in a rapidly expanding North Dakota city. This property is perfectly positioned for immediate development and offers significant long-term investment potential.

    Property Features for 0 Tbd Main St

    General Information

    Property type
    Land
    Lot Size
    359,718 SF

    HighLights

    • 8.258‑acre commercial land parcel in Watford City, ND.
    • Located on TBD Main Street with Urban Commercial zoning.
    • Priced at $949,000 ($2.64/sq ft).
    • Ready for immediate development with existing infrastructure.
    • Consists of 31 individual lots (see attached parcel information).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watford City
    County
    McKenzie
    State
    North Dakota
    Longitude
    -103.283136
    Latitude
    47.7806176

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    FAQs

    What type of property is this?
    Land - Prime 8-acre commercial lot, ready to build.
    Where is this land located?
    The property is located at Tbd Main St Watford City, ND.
    What is the asking price?
    The asking price for this property is $949,000.
    What are key features of this property?
    This property features: 8.258-acre commercial land parcel in Watford City, ND.; Located on TBD Main Street with Urban Commercial zoning.; Priced at $949,000 ($2.64/sq ft).
    Request Owner's contact information
    Tbd Main St Watford City, ND 58854
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    Watford City, 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
    Tbd Main St Watford City, ND 58854
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