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427 Freeman AVE Chesapeake, VA 23324
3,484 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
Subdivision Money Point
MLS Listing ID 10607003
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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