Property profile

40 Flagship Dr North Andover, MA 01845

OFF-MARKET
Industrial land
Property ID
US38-1969949
4.06 ac lot
Entity Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 4.06 ac (176,854 SF)
Zoning code I
APN NAND M:00107 B:C0023 L:00000
UPID US38-1969949

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

40 Flagship Dr North Andover, MA 01845-6106
North Andover metro Census 253204 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2024
Last sale
$400,000
7 recorded transactions
2024
$1.1M
2020
Price N/A
2020
$1.3M
1997
$400,000
1995
$350,000
1993
Price N/A
1969
Price N/A

Zoning & alternative use

I · North Andover, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 40 Flagship Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message