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    OFF-MARKET
    Land

    0 3Rd St, Watford City, ND 58854

    108,377 SF 2.49 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.48-acre commercial land parcel in Watford City, North Dakota, presents a remarkable investment opportunity. Located on TBD 3rd Street SE, this build-ready lot boasts 108,377 square feet and is zoned for commercial use. The asking price is $379,319, translating to $3.50 per square foot and $3.25 per square foot based on land value. City utilities are readily available, simplifying development. The property enjoys high visibility due to its location near established businesses such as the Holiday Gas Station, Cashwise Grocery Store, Home of Economy, and the Teddy Roosevelt Hotel, ensuring high traffic and customer accessibility. Convenient ingress and egress further enhance its appeal. For larger-scale projects, additional adjacent lots totaling over 9.5 acres are also available for purchase, offering significant expansion potential. The property's APN is 827201700 and the zip code is 58854. This prime location offers unparalleled exposure and accessibility, making it ideal for a variety of commercial ventures. This is a chance to capitalize on a thriving area with significant growth potential.

    Property profile
    Verified
    Property type Land
    Total area 108,377 SF
    Lot 2.49 ac (108,377 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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