427 Freeman AVE, Chesapeake, VA 23324

$75,000

$95,000

21.1%
Est.Price: ?

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Est. payment /mo

3,484 Sqft Lot


SOLD DATE : 09/30/2026

Key Details

Sold Price $75,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision Money Point

MLS Listing ID 10607003

Sold Date 09/30/26

HOA Y/N No

Annual Tax Amount $917

Lot Size 3,484 Sqft

Property Description

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.

Location

State VA

County Chesapeake

Area 31 - Central Chesapeake

Zoning M2

Exterior

Fence Partial

Utilities Available City Sewer, City Water

Waterfront Description Not Waterfront

Building

Building Description Habitable Dwelling, Habitable Dwelling

Structure Type Habitable Dwelling

Schools

Elementary Schools George W. Carver Intermediate

Middle Schools Oscar Smith Middle

High Schools Oscar Smith

Others

Senior Community No

Ownership Simple

Disclosures Disclosure Statement

Special Listing Condition Disclosure Statement

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Real Estate Information Network (REIN)
Listed by Real Broker LLC

NEARBY SCHOOLS & BUSINESSES

EXIT Realty Central
EXIT Realty Central

Office License ID: 0226020528

+1(757) 466-1009 | soldhamptonroads@gmail.com

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