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    OFF-MARKET
    Land

    17 Block 1, Schafer, ND 58854

    8.59 ac lot
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Land
    Lot 8.59 ac (374,180 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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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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