23 And 85 Schafer, ND 58854
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
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
Similar Nearby for Sale
Similar Nearby for Lease
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.