22nd 22M St Watford City, ND 58854
This exceptional investment opportunity presents a thriving 18-lot RV park situated on a substantial 4.54-acre parcel in Watford City, North Dakota. Built in 2012, the park is zoned for commercial use, offering immediate income generation. The property's expansive size presents significant potential for future residential development, expanding the investment's long-term value. Located at 22nd M St NW, Watford City, ND 58854 (47.739618, -103.2901347), this property is in McKenzie County. The asking price is $250,000. The existing RV park infrastructure provides a solid foundation for continued operation and revenue generation, while the ample land allows for strategic expansion or diversification into residential development, catering to the growing demand in the area. This unique combination of established income and future development potential makes this a truly compelling investment opportunity. The property's location offers easy access to local amenities and attractions, further enhancing its appeal to both RV park guests and potential future residents. This is a rare chance to acquire a well-established business with significant upside potential.
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.