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407 B Street, Chesapeake, VA 23324

Chesapeake
Local realty services provided by:CENTURY 21 Realty @ Home
407 B Street,Chesapeake, VA 23324
$37,500
  • 0.07 Acres
  • Lots / Land
  • Active
Listed by: sheena thiebaud
Office: long & foster real estate inc.
MLS#:10627323
Source:VA_REIN

Price summary

  • Price:$37,500

About this home

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.

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Home facts

  • Listing ID #:10627323
  • Updated:May 14, 2026 at 09:23 AM

Structure and exterior

  • Lot area:0.07 Acres
  • Lot Features:Interior

Schools

  • High school:Oscar Smith
  • Middle school:Oscar Smith Middle
  • Elementary school:Rena B. Wright Primary

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$37,500
  • Tax amount:$379
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