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Property profile & analytics
OFF-MARKET
Land

Subdivision Mckenzie Rdg Watford City, ND 58854

1 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1-acre residential lot is situated in the desirable McKenzie Ridge Subdivision in Watford City, North Dakota, zip code 58854. Priced at $25,000, this property presents a fantastic opportunity for building a new home. The lot is zoned for residential use, allowing for the construction of a single-family dwelling. While this particular lot does not include pre-existing improvements such as a well or foundation, nearby lots within the subdivision offer various levels of development. Lots 16, 18, 19, 21, and 22 have existing wells, and Lot 22 boasts both a well and a pre-poured foundation. The convenience of rural water access is available at the subdivision's edge, providing a readily accessible utility connection. This location offers a peaceful setting while remaining conveniently located within the Watford City community. The asking price reflects the land's potential and the opportunity to create a custom-built home in a desirable neighborhood. Note that lot pricing within McKenzie Ridge Subdivision ranges from $25,000 to $40,000, depending on the level of existing improvements. This specific listing is for a single, one-acre lot. Act quickly to secure this prime piece of land.

Property profile
Verified
Property type Land
Lot 1 ac (43,560 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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CAP Approach CAP
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Comparable Approach Comparable
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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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