0 Tbd Main St Watford City, ND 58854
This exceptional 8.258-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Watford City, North Dakota. Located on TBD Main Street, this property boasts a highly desirable Urban Commercial zoning designation, allowing for a diverse range of development possibilities. The asking price is $949,000, translating to a land value of $2.64 per square foot. Its strategic location offers immediate access to all city amenities and services, ensuring convenient access for future tenants and residents. Infrastructure is already in place, eliminating significant upfront development costs and expediting the construction process. The property's versatility allows for the creation of commercial spaces, apartments, or townhomes, catering to a wide spectrum of development needs. This is an ideal site for a mixed-use development or a residential community, capitalizing on Watford City's robust growth and vibrant atmosphere. The parcel consists of 31 individual lots (see attached parcel information for details). Don't miss this chance to secure a prime piece of real estate in a rapidly expanding North Dakota city. This property is perfectly positioned for immediate development and offers significant long-term investment potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.