Address
12250 Nd 23, Watford City, ND
Price
$ 4,800,000
Property Attributes
  • MLS#4003722
  • TypeCommercial
  • CountyMCKENZIE
  • CityWatford City
  • AreaWatford City Rural
  • Zip58854
  • StyleCommercial
  • Year Built2013
  • Taxes$ 11751
  • Price$ 4,800,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15513
  • Lot Size14.99 Acres
Data Source:
Bismarck Mandan BOR (BMBOR)
Property Description

Incredible investment property with a long term lease. This property is located in Watford City, ND. Industrial Property is fully leased, with High Quality Tenant renting for an extended amount of time. 11,880 SQ FT Truck Maintenance Shop. 3,633 SQ FT Office and Training Facility. Lease Expires January 31, 2028. Five Year Renewal Option. Lease is absolute NNN and features zero landlord responsibilities. There is a 10% rental escalation in 2023. Tenant: High Quality Oil Field Company Currently is leasing the property.CALL TODAY for full details!

Price History
8/15/2023 Listed $4,800,000

General Features

Sewer Public Sewer
Heating Other
Cooling Other
Zoning Rural/ Commercial
County McKenzie
Business Type Other
Property Type C
Area Watford City Rural
Sub Area Watford City Rural NE
Accessibility Features No
Tax Year 2021
Status Active
Lot Sqft 652964.00
Sub Type Commercial
Year Built 2013
City Watford City
Taxes 11751.57
Geo Lat 47.803434
Legal Description Section: 22; Twp: 150; Rng: 098; Block: 000; Lot: ; Deeded Acres: 0.000IT# 2304 PT NW1/4 14.99 ACRES
Fee No
Geo Lon -103.210088
Street Name Nd 23
Coming Soon Incredible investment property with a long term lease. This property is located in Watford City,ND. Industrial Property is fully leased,with High Quality Tenant renting for an extended amount of tim

Interior Features

Finished Below Grade SqFt 0.00
Total Finished SqFt 15513.00
Total Unfinished SqFt 0.00
List Price/SqFt 309.42

Exterior Features

Lot Features Level
Lot Dimensions 14.99 acres
Water Source Public
MLS Identifier 20210629130222546002000000
Lot Acres 14.9900
Street Number 12250

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 58854

Price
AVG $1.92M
$4.8M
Taxes
AVG $4,853
$11,751
Visits
AVG 176
253
Data Provided by Inside Real Estate®
Year Built
AVG 2008
2013