Updated Jan 13, 2026
SV&P John M. Corcoran & Company Acquires Development Site From DND Homes For $20M In Andover
100 Old River Road
$20,000,000
$163/SF
Building Size
122,000 SF
Asset Type
Development Site
Closing
Jan 7, 2026
About this deal
AI
The asset involved in this transaction is a development site located at 100 Old River Road in Andover, MA. The sale price for this property is $20,000,000, and it encompasses an area of 10 acres.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $20,000,000
- Address: 100 Old River Road
- Market: Andover, MA
- Acres: 10
- Buyer: SV+P; John M. Corcoran & Company
- Seller: DND Homes
- Broker: Yassien Youssef - Compass
The deal features SV+P; John M. Corcoran & Company as the buyer and DND Homes as the seller. Yassien Youssef from Compass represents the transaction as the broker, facilitating the sale of this development site.
Players
North Andover Development Site Market Snapshot
Boundary boundary · Development Site · Sale transactions
Loading comparables…
Deal FAQ
Visit Yassien Youssef to view all their deals.
Browse North Andover development site sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93