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407 B Street, Chesapeake, VA 23324
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407 B Street, Chesapeake, VA 23324

$37,500 • 0.07 acres

Property Photos

Overview

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.

Map

Property Details

Listing Price $37,500
MLS# 10627323
Listing Type Land and Farms
Listing Status Active
Subdivision Name ALL OTHERS AREA 31
Area Name 31 - Central Chesapeake
Ownership Simple
Added to Website Mar 30, 2026
Acres 0.07
Land Description Interior
Lot Size Less Than 1/4 Acre
Improvements None
Fence Chain Link
Tree Description Other,Partial
Road Surface Paved
Frontage City / County
Water Description Not Waterfront
Taxes $379.00/yr

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