427 Freeman Avenue, Chesapeake, VA 23324

Local realty services provided by:ERA Real Estate Professionals
427 Freeman Avenue,Chesapeake, VA 23324
$125,000
  • 0.08 Acres
  • Lots / Land
  • Active
Listed by:robert rogers
Office:real broker llc
MLS#:10607003
Source:VA_REIN

Price summary

  • Price:$125,000

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.

Contact an agent

contact an agent

Yes, I would like more information from ERA®. Please use and/or share my information with an ERA affiliated agent to contact me about my real estate needs. By clicking Send message, I agree an ERA affiliated agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:10607003
  • Updated:October 30, 2025 at 09:20 AM

Structure and exterior

  • Lot area:0.08 Acres

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:$125,000
  • Tax amount:$917
The listings data displayed on this medium comes in part from the Real Estate Information Network Inc. (REIN) and has been authorized by participating listing Broker Members of REIN for display. REIN's listings are based upon Data submitted by its Broker Members, and REIN therefore makes no representation or warranty regarding the accuracy of the Data. All users of REIN's listings database should confirm the accuracy of the listing information directly with the listing agent. 2025 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: October 30, 2025 This application does not include information on all of the properties available for sale at this time. Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions. 2025 REIN, Inc. Information Deemed Reliable But Not Guaranteed.

New listings near 427 Freeman Avenue