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Property profile & analytics
OFF-MARKET
Commercial real estate

2945 122 M Ave Watford City, ND 58854

3.07 ac lot
Property ID
US56-0720834
Property summary
AI-generated overview

This exceptional 3.59-acre industrial land parcel, located at 2945 122nd M Ave NW, Watford City, ND 58854, presents a unique investment opportunity. Situated in a thriving industrial zone, this property is zoned for industrial use and offers significant potential for development. The lot size is ideal for a variety of industrial projects, providing ample space for construction and operations. The asking price is $179,500, translating to approximately $50,000 per acre, reflecting the strong value proposition of this strategically located land. The property's address is clearly defined, and its location in Watford City, North Dakota, provides access to key infrastructure and transportation networks. This is a rare opportunity to acquire a sizable industrial land parcel in a rapidly growing area, offering substantial returns for investors seeking exposure to the robust North Dakota industrial market. The property is ready for immediate development, eliminating lengthy permitting processes and allowing for swift project commencement. This represents a compelling investment opportunity for those seeking to capitalize on the burgeoning industrial sector in Watford City. The property's size and location make it suitable for a wide range of industrial uses, ensuring flexibility and adaptability for future development plans. This is a prime piece of land poised for significant appreciation in value.

Property profile
Verified
Property type Commercial real estate
Lot 3.07 ac (133,729 SF)
UPID US56-0720834
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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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