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    Property profile & analytics
    OFF-MARKET Estimated value $2,375,000
    Industrial properties

    65 Flagship Dr, North Andover, MA 01845-6171

    24,000 SF 2.77 ac lot Built 1980
    Entity Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US38-0907191
    Property summary
    AI-generated overview

    This exceptional 26,750 square foot single-story office building, constructed in 1980 and renovated in 1990, presents a rare opportunity in North Andover's premier office park. Located conveniently off Route 114, the property offers a variety of shared office spaces, ranging from a minimum of 200 square feet to a maximum contiguous space of 300 square feet. Currently, 750 square feet are vacant, spread across three available suites within the building's fifteen total suites. Each suite boasts an impressive 11-foot ceiling height. The property sits on 1.65 acres of land and provides ample parking with 101 spaces. This all-inclusive space offers numerous amenities, including five conference rooms, a reception/lobby area, a full kitchen, four restrooms within the suites, and print/scan stations. The building features 24-hour access and is fully furnished. For those seeking a more cost-effective solution, low-cost virtual office memberships are also available, granting access to all building amenities. This is an ideal solution for businesses seeking a professional environment without the burden of managing their own office space.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1980
    Total area 24,000 SF
    Lot 2.77 ac (120,661 SF)
    Zoning code I1
    APN NAND M:00107 B:C0076 L:00000
    UPID US38-0907191
    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
    Current use
    Occupant on record · Public records
    • Goaltending Development Services Gym & Fitness Center
    • Ryan Hewitt Alternative Medicine Practice
    • Irwin Fitness & Health Coaching Gym & Fitness Center
    • In8 Chiropractic Wellness Center- North Andover Alternative Medicine Practice
    • Clubhouse Gym & Fitness Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.38M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.38M
    Owner & transaction history
    65 Flagship LLC · 2 yrs held
    65 Flagship LLC
    since 2024
    Last sale
    $2.4M
    7 recorded transactions
    2024
    $2.4M
    2005
    $2.4M
    2004
    2004
    $2.4M
    2002
    2000
    $1.7M
    2000
    Zoning & alternative use
    I1 · North Andover, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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