407 B ST, Chesapeake, VA 23324
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Contingent

407 B ST Chesapeake, VA 23324

3,049 Sqft Lot


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Key Details

Property Type Vacant Land

Listing Status Contingent

Purchase Type For Sale

Subdivision All Others Area 31

MLS Listing ID 10627323

HOA Y/N No

Annual Tax Amount $379

Contingent Feasibility Study/Due Diligence

Lot Size 3,049 Sqft

Property Description

Investor special! Infill lot located in the South Norfolk section of Chesapeake offering approximately 2,962 sq ft (0.07 acres) of residential land with clear development potential. Surrounded by existing homes and ongoing investor activity, this parcel is well-positioned for a spec build, rental portfolio addition, or long-term hold. Located with quick access to major corridors, shipyards, and military bases, supporting steady rental demand and resale viability. The smaller footprint allows for efficient construction costs while maintaining strong upside potential. Great for builders and investors seeking their next project in a market with continued growth and redevelopment. Opportunities at this price point are limited, move quickly. Buyer to perform all due diligence regarding zoning, utilities, setbacks, and buildability.

Location

State VA

County Chesapeake

Area 31 - Central Chesapeake

Zoning RSFA1

Exterior

Fence Chain Link

Utilities Available City Sewer, City Water

Waterfront Description Not Waterfront

Building

Building Description Utility Bldg, Utility Bldg

Structure Type Utility Bldg

Schools

Elementary Schools Rena B. Wright Primary

Middle Schools Oscar Smith Middle

High Schools Oscar Smith

Others

Senior Community No

Ownership Simple

Disclosures None

Special Listing Condition None


Real Estate Information Network (REIN)
Listed by Long & Foster Real Estate Inc.

NEARBY SCHOOLS & PROPERTIES

Montario Corprew

Montario Corprew

Principal Broker, REALTOR® | License ID: 0225210186

+1(757) 771-6343

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407 B ST