2 8 Ave Watford City, ND 58854
This exceptional 1.605-acre commercial land parcel in Watford City, North Dakota, presents a remarkable investment opportunity. Located on 8th Avenue SE, this build-ready lot boasts high visibility due to its prime location near established businesses. The property is conveniently situated adjacent to the main street, ensuring maximum exposure and accessibility for any commercial venture. City utilities are readily available, simplifying the development process. Surrounding businesses include the Holiday Gas Station, Cashwise Grocery Store, Home of Economy, and the Teddy Roosevelt Hotel, creating a vibrant and high-traffic area. This translates to a strong potential customer base for any business established on this land. The property's APN is 827200700. The asking price is $244,698, with a land value of $3.50 per square foot. For those seeking expansion opportunities, additional adjacent lots totaling over 9.5 acres are also available for purchase, offering significant potential for future growth. This property is zoned for commercial use and offers easy access for both customers and staff. Don't miss this chance to secure a prime commercial location in a thriving North Dakota community. The zip code is 58854.
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
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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.