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POSSIBLE 34 LOT SUBDIVISION!!! There not making land anymore and this is one special piece of land in North Dover. 11 acres of field located less than a mile form exit 9 rt 16 and liberty mutual. Sellers have paid to have the engineers do a conceptual subdivision plan. Also have received estimates on cost of road and other development expense . This takes a lot of the guessing game away for the developer/buyer when making an offer. At the list price net number to builder is in the 80,000 range after obtaining approvals and constructing road and other costs associated with developing the 34 lots. Don't be left holding the bag when this virus goes away and the market is back in full swing. Start the approval process not for a 2021 build. Seller is to wait for approvals to close. Or check out the possibilities of just subdividing off 3 to 5 lots and use this as you equestrian oasis. Pastures and riding rink in place. Barn has 5 stalls and is heated. 2nd floor was location of former care. Sell of the house and some frontage lots and build you estate home in the far corners of the property. Many many possibilities. Just buy it an hold on for 10 or so years and reap the returns without the risk. Land is always going to be there but not to purchase sooner or later.

Listed by James Wolcott of Wolcott Properties LLC

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Copyright 2020 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate for sale on this web site comes in part from the IDX Program of NEREN. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated July 13, 2020.

 

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