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    L4 L5 Ave Schafer, ND 58854

    • Land
    • 25.68 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for L4 L5 Ave

    Lot size
    25.68 lot acres
    Property type
    Land

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Schafer
    County
    McKenzie
    State
    North Dakota
    Longitude
    -103.139
    Latitude
    47.7633

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    L4 L5 Ave
    Schafer, 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
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