427 Freeman Avenue, Chesapeake, VA 23324
Local realty services provided by:ERA Real Estate Professionals
427 Freeman Avenue,Chesapeake, VA 23324
$100,000
- 0.08 Acres
- Lots / Land
- Active
Listed by: robert rogers
Office: real broker llc
MLS#:10607003
Source:VA_REIN
Price summary
- Price:$100,000
About this home
Prime opportunity in Chesapeake’s South Norfolk/Money Point area! This property is zoned M-2 (Heavy Industrial), offering excellent potential for commercial or industrial use. The parcel is approx. 3,572 sq ft and well-situated with convenient access to major thoroughfares, ports, and interstates.Onsite is a 2-bedroom, 1-bath home (approx. 1,016 sq ft) that can provide immediate rental income, office space, or temporary use while future plans are developed. The structure is a bonus, but the true value lies in the land and its versatile zoning, making this a rare find for investors, business owners, or developers seeking expansion opportunities.Capitalize on a location with strong growth, flexible uses, and multiple options for maximizing value.
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Home facts
- Listing ID #:10607003
- Updated:April 04, 2026 at 09:22 AM
Structure and exterior
- Lot area:0.08 Acres
- Lot Features:Interior, Level
Schools
- High school:Oscar Smith
- Middle school:Oscar Smith Middle
- Elementary school:George W. Carver Intermediate
Utilities
- Water:City Water
- Sewer:City Sewer
Finances and disclosures
- Price:$100,000
- Tax amount:$917
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