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427 Freeman Avenue, Chesapeake, VA 23324
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427 Freeman Avenue, Chesapeake, VA 23324

$95,000 • 0.08 acres

Property Photos

Overview

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.

Map

Property Details

Listing Price $95,000
MLS# 10607003
Listing Type Land and Farms
Listing Status Active
Subdivision Name MONEY POINT
Area Name 31 - Central Chesapeake
Ownership Simple
Added to Website Oct 21, 2025
Acres 0.08
Land Description Interior,Level
Lot Size Less Than 1/4 Acre
Improvements None
Fence Partial
Tree Description None
Road Surface Paved
Frontage City / County
Water Description Not Waterfront
Taxes $917.00/yr

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