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    2945 122 M Ave Watford City, ND 58854

    Sponsored
    For Sale
    $179,500

    Prime Industrial Land, North Dakota

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.59-acre industrial land parcel, located at 2945 122nd M Ave NW, Watford City, ND 58854, presents a unique investment opportunity. Situated in a thriving industrial zone, this property is zoned for industrial use and offers significant potential for development. The lot size is ideal for a variety of industrial projects, providing ample space for construction and operations. The asking price is $179,500, translating to approximately $50,000 per acre, reflecting the strong value proposition of this strategically located land. The property's address is clearly defined, and its location in Watford City, North Dakota, provides access to key infrastructure and transportation networks. This is a rare opportunity to acquire a sizable industrial land parcel in a rapidly growing area, offering substantial returns for investors seeking exposure to the robust North Dakota industrial market. The property is ready for immediate development, eliminating lengthy permitting processes and allowing for swift project commencement. This represents a compelling investment opportunity for those seeking to capitalize on the burgeoning industrial sector in Watford City. The property's size and location make it suitable for a wide range of industrial uses, ensuring flexibility and adaptability for future development plans. This is a prime piece of land poised for significant appreciation in value.

    Property Features for 2945 122 M Ave

    General Information

    Property type
    Land
    Lot Size
    133,729 SF

    HighLights

    • $179,500 asking price for 3.59 acres of industrially zoned land.
    • Located at 2945 122nd M Ave NW, Watford City, ND 58854.
    • Lot sizes range from 3.07 to 3.87 acres.
    • Land value is $50,000 per acre.
    • Multiple lots available for industrial development north of Watford City.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Electrical Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watford City
    County
    Mckenzie
    State
    North Dakota
    Longitude
    -103.2075658
    Latitude
    47.8398194

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, North Dakota
    Where is this land located?
    The property is located at 2945 122 M Ave Watford City, ND.
    What is the asking price?
    The asking price for this property is $179,500.
    What are key features of this property?
    This property features: $179,500 asking price for 3.59 acres of industrially zoned land.; Located at 2945 122nd M Ave NW, Watford City, ND 58854.; Lot sizes range from 3.07 to 3.87 acres.
    Request Owner's contact information
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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
    2945 122 M Ave Watford City, ND 58854
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