Listing Agency: The Stubblebine Company j***@stubblebinecompany.com Show Phone

Listed By: James Stubblebine · License #MA 9015511

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:58AM

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Investment Insights

Based on property information with market context.

This 4-acre industrial land parcel is located at 40 Flagship Dr in North Andover, Massachusetts. The property is identified for industrial land use and is offered for sale as a development site.

Key Highlights

• 4‑acre industrial land parcel
• Located at 40 Flagship Dr, North Andover, MA 01845

Property Analytics

Property Profile

Current Use

Industrial land

Suggested Use

Top Pick Grocery & Convenience Store Restaurant Storage Facility Furniture & Home Goods Plumbing Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

631

Businesses Nearby

Explore this area Business Placement

Demographics for 01845, MA

31,855

Population

12,010

Households

2.7

Avg Household Size

39

Median Age

61%

College-Educated

97%

High-School Grad

26.4 sq mi

ZIP Area

1,207

Density / Sq Mi

$134,319

Median Household Income

$64,592

Median Earnings

$2,113

Median Rent

$670,000

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial land parcel suited to commercial development planning.

Where is this industrial land located?

The property is located at 40 Flagship Dr North Andover, MA.

What are key features of this property?

This property features: 4‑acre industrial land parcel; Located at 40 Flagship Dr, North Andover, MA 01845