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427 Freeman Avenue, Chesapeake, VA 23324

Local realty services provided by:CENTURY 21 Realty @ Home
427 Freeman Avenue,Chesapeake, VA 23324
$125,000
  • 0.08 Acres
  • Lots / Land
  • Active
Listed by: robert rogers
Office: real broker llc
MLS#:10607003
Source:VA_REIN

Price summary

  • Price:$125,000

About this home

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.

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Home facts

  • Listing ID #:10607003
  • Updated:December 15, 2025 at 10:15 AM

Structure and exterior

  • Lot area:0.08 Acres

Schools

  • High school:Oscar Smith
  • Middle school:Oscar Smith Middle
  • Elementary school:George W. Carver Intermediate

Utilities

  • Water:City Water
  • Sewer:City Sewer

Finances and disclosures

  • Price:$125,000
  • Tax amount:$917
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