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    2045 125Th Ave Watford City, ND 58854

    For Sale
    $699,000

    2,880 SF Retail Space w/ Living Quarters

    Property size:
    2,880 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial property, located at 2045 125th Avenue NW in Watford City, North Dakota, presents a unique investment opportunity. Priced at $699,000, the property boasts a 2,880 square foot retail space, ideal for a variety of businesses. The building, constructed in 2012, features two 14x14 overhead doors, ensuring convenient access for vehicles and equipment. Inside, the shop area is equipped with propane heat and floor drains, enhancing functionality and comfort. Adding significant value is the on-site living quarters, comprising four bedrooms and one bathroom. This space offers versatile potential, serving as comfortable living accommodations or additional office space, expanding the property's utility. A sizable patio area provides outdoor space for relaxation or further business expansion. The property sits on a generous 2.9-acre lot, zoned COM, offering ample room for future growth or outdoor storage. The convenient location directly off 125th Avenue provides excellent pavement access, ensuring easy accessibility for customers and employees. The property's APN is 630009530. This combination of retail space, living quarters, and expansive land makes this a highly desirable and versatile commercial property in a prime location. The price per square foot is $242.71. This is a rare opportunity to acquire a well-maintained, functional property with significant upside potential.

    Property Features for 2045 125Th Ave

    General Information

    Property type
    Retail properties
    Square Feet
    2,880 SF
    Lot Size
    126,324 SF

    Building Details

    Year Built
    2012

    HighLights

    • 2,880 sq ft retail space in Watford City, ND, priced at $699,000.
    • Built in 2012 with two 14x14 overhead doors, propane heat, and floor drains.
    • Includes four‑bedroom, one‑bathroom living quarters.
    • Situated on a 2.9‑acre lot (APN 630009530) zoned COM, with a large patio.
    • Excellent pavement access off 125th Avenue NW.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watford City
    County
    McKenzie
    State
    North Dakota
    Longitude
    -103.2705881
    Latitude
    47.7101872

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    FAQs

    What type of property is this?
    Retail property - 2,880 SF Retail Space w/ Living Quarters
    Where is this retail property located?
    The property is located at 2045 125Th Ave Watford City, ND.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 2,880 sq ft retail space in Watford City, ND, priced at $699,000.; Built in 2012 with two 14x14 overhead doors, propane heat, and floor drains.; Includes four-bedroom, one-bathroom living quarters.
    Request Owner's contact information
    2045 125Th Ave 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
    2045 125Th Ave Watford City, ND 58854
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