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Property profile & analytics
OFF-MARKET
Land

2 8 Ave Watford City, ND 58854

1.61 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.61 ac (69,914 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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