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Chesapeake Land with M-2 Zoning

427 Freeman Avenue Chesapeake, VA 23324

Claim this Listing
For Sale
$95,000

LAND - Chesapeake, VA

Property size:
1,016 SF
Lot size:
0.08 Acres
Price / SF:
$93/SF
Added:
Oct 21, 2025
Days on Market:
263
Last Refresh:
Jul 10 at 8:06 pm

Property Features for 427 Freeman Avenue

General Information

Property type
Land
Property subtype
Other
Zoning
M2
Standard status
Active
Size
1,016 SF
Lot size
0.08 Acres

Taxes and HOA fees

Tax Annual Amount
917

Utilities

Water front features
Waterfront

Listing agent Robert Rogers

Listing office Real Broker LLC 4505 Colley Ave., McLean, VA

Listing date Oct 21, 2025

MLS# 10607003 Listing URL

Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property in Chesapeake's South Norfolk/Money Point area presents a prime opportunity. Zoned M-2 (Heavy Industrial), it offers excellent potential for commercial or industrial use. The parcel is approximately 3,572 square feet and is well-situated with convenient access to major thoroughfares, ports, and interstates. Onsite is a 2-bedroom, 1-bath home of approximately 1,016 square feet 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.

Key Highlights

  • Zoned M‑2 (Heavy Industrial) offering excellent potential for commercial or industrial use.
  • Prime location in Chesapeake's South Norfolk/Money Point area.
  • Convenient access to major thoroughfares, ports, and interstates.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Industrial land

Suggested Use

Real Estate Agency Law Firm Restaurant Pharmacy Spa & Massage Center Garden Center Hair Salon Furniture & Home Goods Nail Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Industrial land - Land with M-2 zoning, ideal for commercial or industrial use.
Where is this industrial land located?
The property is located at 427 Freeman Avenue Chesapeake, VA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Zoned M‑2 (Heavy Industrial) offering excellent potential for commercial or industrial use.; Prime location in Chesapeake's South Norfolk/Money Point area.; Convenient access to major thoroughfares, ports, and interstates.
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