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Chesapeake Land Opportunity
For Sale
$75,000

1427 Atlantic Avenue, Chesapeake, VA 23324

LAND - Chesapeake, VA

Property SizeContact for details
Lot Size0.13 Acres
Days on Market148

Property Features for 1427 Atlantic Avenue

General Information

Property type Land
Property subtype Other
Zoning B1
Subdivision SOUTH NORFOLK
Elementary school George W. Carver Intermediate
Middle school Oscar Smith Middle
Standard status Active
Lot size 0.13 Acres

Taxes and HOA fees

Tax Annual Amount 388

Utilities

Water front features Waterfront
Listing Agency: BHHS RW Towne Realty · Berkshire Hathaway HomeServices
Listed By: Valerie Williams
Added: Mar 11 Changed: May 1 Last Checked: Aug 5 at 4:06PM
MLS# 10624642

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 presents an opportunity to build in the South Norfolk area of Chesapeake, Virginia. The offering consists of two adjacent lots, situated next to existing residential homes. Zoned B1, the combined area of the lots is 5,576 square feet, equivalent to approximately 0.128 acres. Dimensions are 124 X 40 X 123 X 40. Prospective buyers should note that rezoning may be required at the buyer's expense to construct a single residential home or a duplex on the property.

Key Highlights

  • Opportunity to build in Chesapeake's South Norfolk.
  • Two side‑by‑side lots offer flexibility.
  • Zoned B1, allowing for various possibilities.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Electrical Service Accounting Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

268
Businesses Nearby

Demographics for 23324, VA

24,239
Population
9,834
Households
2.5
Avg Household Size
34
Median Age
21%
College-Educated
88%
High-School Grad
6.7 sq mi
ZIP Area
3,618
Density / Sq Mi
$57,774
Median Household Income
$39,642
Median Earnings
$1,145
Median Rent
$242,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two B1-zoned lots in South Norfolk, Chesapeake.
Where is this residential land & home lot located?
The property is located at 1427 Atlantic Avenue Chesapeake, VA.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Opportunity to build in Chesapeake's South Norfolk.; Two side‑by‑side lots offer flexibility.; Zoned B1, allowing for various possibilities.
More about this property
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