L4 L5 Ave Schafer, ND 58854
This exceptional 25.68-acre commercial land parcel presents a remarkable investment opportunity in Watford City, North Dakota. Located on TBD Prairie Rose Avenue (B5, L1, L4, L5), this property boasts a highly desirable location with significant highway frontage, ensuring maximum visibility and accessibility for any commercial venture. The land is zoned for commercial use, simplifying the development process. City services are readily available, further enhancing the appeal and practicality of this site. With a total lot size of 1,118,621 square feet and a land value of $3.21 per square foot, the asking price is $3,593,700. The property's APN numbers are 82-23-00800, 82-23-03600, and 82-23-03700. This expansive tract is ideally suited for a wide range of commercial developments, from large-scale retail establishments to vibrant mixed-use projects. Its strategic location and ample space offer unparalleled potential for significant return on investment. Don't miss this chance to acquire a prime piece of commercial real estate in a thriving North Dakota community. The property is situated in McKenzie County, with a Watford City zip code of 58854. Latitude and longitude coordinates are 47.7633248 and -103.1392835 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.