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    Main St Watford City, ND 58854

    For Sale
    $1,200,000

    Prime Industrial Land, Watford City, ND

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional 36.74-acre parcel of unplatted industrial land presents a significant investment opportunity in the thriving Watford City, North Dakota market. Located conveniently along Main Street South, this property enjoys excellent accessibility, situated approximately two miles south of the city limits and in close proximity to US Highway 85 and the Business Loop. The property's strategic location offers unparalleled potential for various industrial uses, benefiting from its proximity to major transportation routes and established infrastructure. The asking price is $1,200,000, translating to approximately $32,662 per acre or $0.75 per square foot. The property's legal description is identified by APN 82-73-21700 and is currently owned by Stenehjem Development LLP. This substantial land holding offers developers and investors a rare chance to secure a prime location within a rapidly growing region. The expansive acreage provides ample space for large-scale projects, while the convenient location ensures easy access to labor pools and essential services. Serious inquiries are encouraged to explore the full potential of this remarkable industrial land offering. This is a unique opportunity to acquire a significant land holding in a dynamic and expanding market.

    Property Features for 0 Main St

    General Information

    Property type
    Land
    Lot Size
    1,600,394 SF

    HighLights

    • 36.74‑acre unplatted industrial land in Watford City, ND.
    • Located on Main Street South, ~2 miles south of city limits, near US Hwy 85 and Business Loop.
    • $1,200,000 asking price ($32,662/acre, $0.75/sqft).
    • APN 82‑73‑21700; owned by Stenehjem Development LLP.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Watford City
    County
    McKenzie
    State
    North Dakota
    Longitude
    -103.2831360741
    Latitude
    47.761625035574

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    FAQs

    What type of property is this?
    Land - Prime Industrial Land, Watford City, ND
    Where is this land located?
    The property is located at Main St Watford City, ND.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 36.74-acre unplatted industrial land in Watford City, ND.; Located on Main Street South, ~2 miles south of city limits, near US Hwy 85 and Business Loop.; $1,200,000 asking price ($32,662/acre, $0.75/sqft).
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    Main St 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
    Main St Watford City, ND 58854
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