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- LoopNet Team
11th Ave
Watford City, ND 58854
Residential Lots For Development · Land For Sale
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27.55 AC
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 27.55 AC |
| Property Subtype | Residential | Cross Streets | 9th Street SW |
| Proposed Use | Single Family Development | ||
| Zoning | Residential | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 27.55 AC |
| Cross Streets | 9th Street SW |
| Zoning | Residential |
DESCRIPTION
FOR SALE: $25,000 PER LOT (Pricing is based on a portfolio purchase) Residential development opportunity in the heart of the Bakken 42 lots available for development 6 lots already have a foundation All lots are between 0.60 AC and 0.65 AC in size Located at the intersection of 11th Avenue SW and 9th Street SW just south of Watford City CBD Located in McKenzie County, the fastest-growing county in the U.S. (2010-2018) and the highest oil producing county in ND McKenzie recently rolled out a Subsidy Program which incentivizes the construction and sale of quality, affordable housing in the county by providing a development subsidy up to $50,000 per single-family house Incredible investment opportunity in a major Bakken economic hub, an area with growing infrastructure and high workforce housing demand Home values in Watford City have risen over 7.6% in the past year and are forecast to increase another 3.6% over the next 12-months
