Prime opportunity in Chesapeake's South Norfolk/Money Point

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Lot For Sale

427 Freeman Avenue

Chesapeake, Virginia 23324

Community: MONEY POINT

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$115,000 0.080 acres

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.

  • Lot Size: 0.080 acre
  • Lot Dimensions: 
  • View Types: 
  • Property Taxes: $917
  • MLS #: 10607003
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Contact Information:
Beach Lot For Sale in Chesapeake, Virginia
Listing Agent: Robert Rogers, Real Broker LLC, 855-450-0442, 757-520-0565 Listing Site, Listing Status: Active
Copyright © 2025 Real Estate Information Network, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 7132640
Viewed 13 times.
Updated: Jan 06, 2026

This property is a Lot located at 427 Freeman Avenue, Chesapeake, Virginia 23324, and is currently For Sale at $115,000.