North Andover Land for Sale

North Andover provides that taste of small-town New England life that is in such high demand, making it an ideal place to buy land to develop. Get in touch with our real estate professionals today to get closer to finding that perfect property.

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Land for Sale

Geographic Location

This little town is 24 miles from Boston, on the Merrimack River, and within the confines of Essex County. Lawrence, Haverhill, Methuen, Boxford, North Reading, and Andover all share borders with this town.

There are 30,000 people in town, and even as the town has grown, it's remained committed to helping preserve option spaces. In 2003, it was ranked as one of the best places to live on the whole East Coast.

In addition to the Merrimack River, this town is host to the Shawsheen River and several smaller streams and brooks. Some other natural landmarks of note include Harold Parker State Forest, Boxford State Forest, Lake Cochichewick, Osgood Hill Reservation, Charles W. Ward Reservation, Reas Pond Conservation Area, and Weir Hill Reservation.

Roads that go through town include Interstate 495, as well as Massachusetts highways 113, 114, and 125. The MVRTA provides bus service in town, which includes transport to the nearest commuter rail station in nearby Lawrence.

What Types of Developments Could You Build?

Many lots are available in the $300,000 range, which makes it easier for you to develop them as you see fit. There are many great possibilities from beautiful residential options to perfect retail spaces for all needs.

Homes

Custom contemporary-style Colonials are in high demand in this area and always worth considering building. Cathedral ceilings and two-story foyers help draw maximum attention to living areas, especially if you opt for open plans. Designing such homes with wraparound decks is a perfect complement to a beautiful house and yard space.

Building homes on dead-end streets is a great way to meet the needs of buyers who consider privacy of great importance. Skylights in living areas help let in more light naturally. Creating extra living space on the home's lower level is also a good way to help attract buyers or possibly renters.

Apartment Buildings

This area is a good one for apartments of various styles. Many of the available apartments are units for sale, rather than rent, with condominium features. However, there is also a demand for complexes as well.

Offering a variety of apartment sizes will make it easier to attract renters. Off-street parking is essential, even on a street that is not as high-traffic. Private decks make it easier for residents to spend a lot of time outside.

Commercial Investment Properties

This community has long been a center for various types of businesses, with engineering and industrial companies playing a major role. The location also makes it a good choice for industry, making you all the more likely to get a good investment return. The town's Community Development Division helps make it easier for businesses to get started or expand here.

Office space in this area promises to remain in demand with the numbers of professionals who work in an office setting in this area. Reception areas and storage help make a difference. Rent prices for office spaces around here are expected to increase, providing you with a reliable income source steadily.

Retail Space

When you decide to develop a retail building in this town, visibility is one of many factors that you'll need to keep in mind. If residents and those who work in the area know the building's location well, they are more likely to patronize any businesses housed within it. Several store types are suitable for such settings, including small grocery stores, gift stores, and coffee shops.

One of the best things about developing a building for retail space is that it's easy for you to subdivide the space if needed. Many retailers start out with small spaces and gradually expand, which makes a space that is easy to divide or add on to more practical. If the companies that decide to lease your space do expand, you'll enjoy the benefits in the form of more revenue.

Developing a property is always worthwhile, especially in an area that has as much going for it as this town does. No matter whether your plans ultimately involve taking full advantage of retail opportunities or providing housing, you'll be glad with the results.

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Land for Sale