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435 Freeman Ave
Chesapeake, VA 23324
Land For Sale
·
0.09 AC
Investment Highlights
- Zoned M-2 Heavy Industrial
Executive Summary
Prime opportunity in Chesapeake’s South Norfolk/Money Point area! This vacant parcel is zoned M-2 (Heavy Industrial), offering excellent potential for a wide range of commercial or industrial uses. The lot is approx. 3,572 sq ft and ideally positioned with convenient access to major thoroughfares, interstates, and the Port of Virginia. The value here is in the land and its flexible zoning, making it a strong fit for investors, business owners, or developers looking for a strategic location with room to grow. Whether for storage, contractor use, or future development, this property presents multiple paths to maximize value. Opportunities like this in a well-connected industrial corridor are limited—don’t miss your chance to secure a versatile piece of land in a high-demand area.
Property Facts
| Sale Type | Investment or Owner User | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 0.09 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Industrial | ||
| Zoning | M-2 Heavy Industrial - Heavy Industrial | ||
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 0.09 AC |
| Opportunity Zone |
Yes |
| Zoning | M-2 Heavy Industrial - Heavy Industrial |
1 Lot Available
Lot
| Price | $70,000 | Lot Size | 0.09 AC |
| Price Per AC | $777,864.21 |
| Price | $70,000 |
| Price Per AC | $777,864.21 |
| Lot Size | 0.09 AC |
Drive by and check it out anytime. Cars are parked on the lot right now but the owner will have the tenant remove the cars. She just has to give him 30 days notice.
Property Taxes
| Parcel Number | 1570000001510 | Improvements Assessment | $0 |
| Land Assessment | $31,500 | Total Assessment | $31,500 |
Property Taxes
Parcel Number
1570000001510
Land Assessment
$31,500
Improvements Assessment
$0
Total Assessment
$31,500
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