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407 B St

Chesapeake, VA 23324
  • $37,500
  • STATUS: Active Under Contract
  • ON SITE: 21 Days
  • ID#: 10627323
Under Contract
UPDATED: 23 min ago
$37,500
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots

School Information

Elementary School:
Middle School:
High School:

Description

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.

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www.atlanticsir.com/homes/174573037
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407 B St Chesapeake, VA 23324

  • Price: $37,500
  • Status: Active Under Contract
  • On Site: 21 Days
  • Updated: 23 min ago
  • ID#: 10627323
0
Beds
0
Baths
0
½ Baths
0.07
Acres
Neighborhood:
All Others Area 31
Area:
31 - Central Chesapeake
Elementary School:
Rena B. Wright Primary
Middle School:
Oscar Smith Middle
High School:
Oscar Smith
Property Description
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.
Exterior Features

Buildings Utility Bldg Fence Description Chain Link Fence YN Yes Improvements None Land Description Interior Lot Size Table Less Than 1/4 Acre Perc Test Table None Road Frontage City / County Road Surface Paved Tree Description OtherPartial Waterfront Description Not Waterfront Waterfront YN No

Property Features

Contingencies Feasibility Study/Due Diligence Contingency Exists Contingent Disclosure None Owner Finance YN No Ownership Type Simple Possession SETTLEMENT Tax Amount Approx 379 Utilities City SewerCity Water Zoning RSFA1

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