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Property profile & analytics
OFF-MARKET Estimated value $1,920,000
Flex space

2512 Lockheed Dr Bismarck, ND 58504-1000

31,000 SF 1.33 ac lot Built 2023
Entity Owned ~ Est. High Equity
Property ID
US56-0193652
Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 2023
Total area 31,000 SF
Lot 1.33 ac (58,065 SF)
Zoning code MA
APN 2185-001-500
UPID US56-0193652
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
by Request
CAP Approach CAP
$2.04M
Comparable Approach Comparable
$2.21M
Blend (final) Blend
$1.92M
Owner & transaction history
Superior Walls Of North Dakota LLC
Superior Walls Of North Dakota LLC
since 2025
4 recorded transactions
2025
Price N/A
2023
$410,000
2022
$410,000
2015
Price N/A
Zoning & alternative use
MA · Bismarck, ND
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

z. Data Center. A data center may be permitted in any MA district as a special use or any MB district as an administrative special use provided: 1. All data processing and storage is contained within a building constructed in compliance with the International Building Code and International Fire Code. 2. Written verification is submitted from the utility pro…

Zone name Light Industrial
General category INDUSTRIAL
Zone area 3,534.34 ac
Source TABLE OF CONTENTS
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