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Property profile & analytics
OFF-MARKET
Land

23 And 85 Schafer, ND 58854

54.73 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 54.73-acre commercial land parcel presents a unique investment opportunity in the thriving Watford City, North Dakota area. Ideally situated at the intersection of Highways 23 and 85, this property boasts significant highway frontage, ensuring high visibility and accessibility. The parcel is zoned C-1, allowing for a wide range of commercial development possibilities. Utilities are readily available, with sewer, water, gas, and electricity already hooked up, simplifying the development process and reducing upfront costs. The property's location in the heart of Watford City offers unparalleled convenience and proximity to essential amenities and services. The parcel ID is 83-28-00100. This prime location, coupled with its size and utility access, makes this land an attractive prospect for various commercial ventures. Serious inquiries are encouraged

Property profile
Verified
Property type Land
Lot 54.73 ac (2,384,039 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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