0 Main St Watford City, ND 58854
This exceptional 20.016-acre commercial land parcel presents a remarkable investment opportunity in the thriving city of Watford City, North Dakota. Located on Main Street, this property boasts a prime location just north of the downtown area, placing it at the heart of the Bakken drilling region's activity. The permitted zoning is commercial, offering considerable flexibility for a wide range of development projects. Envisioned as a multi-family development, this expansive site is ideally situated adjacent to the prestigious Watford Legacy Highlands Townhomes, ensuring a desirable and established neighborhood context. Utilities are conveniently located nearby, simplifying the development process and minimizing infrastructure costs. The asking price for this significant land holding is $2,000,000. This presents a unique chance to capitalize on the robust economic growth and high demand for commercial and residential properties in Watford City. The property's size and strategic location make it suitable for various ventures, including multi-family housing, commercial buildings, or retail establishments. Don't miss this chance to acquire a substantial piece of land in a rapidly expanding market. Contact us today to learn more about this exceptional opportunity.
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.