427 Freeman Ave Chesapeake, VA 23324

$95,000

ACTIVE

Beds

Baths

Sqft

Acres

0.0800

Year

Days on Site

23 Days

Property Type

Land and Farms

Sub Type

Per Square Foot

$95,000

Date Listed

Aug 3, 2026

Description of 427 Freeman Ave, Chesapeake, VA 23324

Listing details for 427 Freeman Ave, Chesapeake, VA 23324 : 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.

Listing Updated : 08-19-2026 at 10:47 AM EDT

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