1409 Lockheed Dr Bismarck, ND 58504
- Warehouses
- 2,000 SF
Current Use by Public Records
- Warehouses
Property Details for 1409 Lockheed Dr
- Year built
- 2023
- Property size
- 2,000 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 2,000-square-foot industrial condo, built in 2023, presents a unique investment opportunity in Bismarck, North Dakota. Located at 1409 Lockheed Dr 16, this two-story property boasts a 16-foot ceiling height, a spacious 32x40-foot floor plan, and a wrap-around loft, adding significant versatility. The unit includes a 14x14-foot overhead door with a remote opener, perfect for easy access and efficient material handling. Practical features such as a utility sink, floor drain, and bathroom enhance functionality. The property is well-lit and equipped with keyless entry and a video doorbell for added security. Heating is included. Zoned for light industrial use (MA), this condo is ideal for various businesses, storage needs, or even personal use. The HOA fee of $100 per month covers exterior maintenance and insurance, snow removal, dumpster service, an outside security system, and water/sewer. Conveniently located near the expressway, this property offers easy access to major transportation routes. Additional amenities include USPS mail delivery lockers and a private drive. The property is currently vacant and offers high rental potential, with market rates averaging $1 per square foot. This rapidly growing area ensures a strong return on investment and significant future resale value.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bismarck
- County
- Burleigh
- State
- North Dakota
- Longitude
- -100.756
- Latitude
- 46.7884
