17 Block 1, Schafer, ND 58854
This exceptional 8.59-acre commercial land parcel presents a remarkable investment opportunity in Watford City, North Dakota. Located at Tbd (Lot 17 Block 1), APN 82-23-11700, this property is zoned R-4, offering diverse development possibilities. The asking price is $171,800, translating to $0.46 per acre. Its strategic location ensures high visibility and accessibility, making it ideal for a variety of commercial ventures, including retail, office spaces, or mixed-use developments. The property benefits from full city utility services, including water, sewer, and electricity, simplifying the development process. Given the current demand for commercial real estate in this thriving area, this land represents a significant opportunity for long-term growth and return on investment. The expansive lot size provides ample space for large-scale projects, while its prime location within Watford City guarantees significant exposure to potential customers and businesses. This is a rare chance to acquire a substantial commercial property in a rapidly developing market. Don't miss this chance to secure your place in Watford City's vibrant commercial landscape.
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.