37 County Rd, Watford City, ND 58854
This exceptional 48.4-acre commercial land parcel presents a unique investment opportunity in the thriving Watford City, North Dakota area. Located on County Rd 37, McKenzie County, zip code 58854 (latitude 47.768017, longitude -103.213612), this property is zoned for agricultural use, offering a wide range of potential development options. The asking price is $500,000, translating to approximately $10,331 per acre. Its expansive size and strategic location make it ideal for various ventures, from agricultural pursuits to potential future development projects. The property's agricultural zoning provides flexibility for a variety of uses, allowing investors to tailor their plans to meet specific needs and market demands. This substantial landholding offers a compelling investment prospect in a dynamic and growing region of North Dakota. Serious inquiries are encouraged to explore the full potential of this remarkable property and its significant upside. The property is conveniently located in Watford City, providing easy access to local amenities and infrastructure. This prime piece of real estate represents a rare opportunity to acquire a large parcel of land with significant development potential in a desirable location.
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
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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.