facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Massachusetts

/

Land

/

Sale

/

Canopy Drive

Michael Gamzon Of Indus Acquires Land At Canopy Drive In Middleborough For $11.6M
SOLDLand

Michael Gamzon Of Indus Acquires Land At Canopy Drive In Middleborough For $11.6M

Canopy Drive

$11,600,000

Building Size

Asset Type

Land

Closing

Apr 14, 2026

AI

The transaction involved a land parcel located at Canopy Drive in Middleborough, Massachusetts. The sale price for this property was $11,600,000. This land is part of a development site, contributing to the total site transaction value of $18.2 million when combined with a prior sale.

Summary of transaction details:

  • Property Type: Land
  • Transaction Amount: $11,600,000
  • Buyer: Michael Gamzon - Indus
  • Seller: VMD Companies
  • Market: Middleborough, MA
  • Prior Transaction Value: $6,600,000
  • Total Site Transaction Value: $18,200,000

Michael Gamzon represented Indus in this transaction, while VMD Companies was the seller of the land parcel. This sale adds to VMD's recent activity in the area, highlighting their involvement in significant property transactions.

Players

II
INDUS Realty Trust, Inc.Buyer

Middleboro Land Market Snapshot

Boundary boundary · Land · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.37%

Cash-on-Cash

-0.39%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93