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$ 37,500
Est. payment /mo
Contingent
407 B ST Chesapeake, VA 23324
3,049 Sqft Lot
UPDATED:
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

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Listed by Long & Foster Real Estate Inc.
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