Vacant Residential Infill
For Sale
Contact for pricing
2911 CHESTNUT AVE, Newport News, VA 23607
Vacant infill residential lot in an established neighborhood, suitable for new construction or investment hold.
Property SizeContact for details
Days on Market76
Property Features for 2911 CHESTNUT AVE
General Information
Standard status
Active
Property subtype
Land
Building Details
Year Built
1940
Stories
2
Units
1
Listing Agency:
Buttross Properties
(512) 320-0888
Listed By:
David Buttross · License #TX 395502
Source:
Crexi
Added: May 28
Changed: Aug 8
Last Checked: Jul 15 at 2:14PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Buttross Properties
Investment Insights
Based on property information with market context.
2911 Chestnut Ave is a vacant residential infill lot located in an established Newport News neighborhood surrounded by existing single-family homes. The property is being offered for cash purchase or with seller financing options that require a sizable down payment, with financing options described as available to investors and non-owner occupants. The sale is strictly as-is.
The site provides a straightforward development entry point within a primarily residential setting. With surrounding homes already in place, the lot lends itself to a small-scale buildout strategy for a new residence or related residential improvement.
For buyers, this lot can fit several approaches, including constructing a new home, holding the asset as an investment, or pursuing a small-scale development plan. Because the property is sold as-is, prospective buyers should conduct their own due diligence on site conditions and intended construction plans prior to moving forward.
The site provides a straightforward development entry point within a primarily residential setting. With surrounding homes already in place, the lot lends itself to a small-scale buildout strategy for a new residence or related residential improvement.
For buyers, this lot can fit several approaches, including constructing a new home, holding the asset as an investment, or pursuing a small-scale development plan. Because the property is sold as-is, prospective buyers should conduct their own due diligence on site conditions and intended construction plans prior to moving forward.
Key Highlights
- Vacant residential infill lot at 2911 Chestnut Ave in an established Newport News neighborhood
- Surrounded by existing single‑family homes, offering a straightforward new‑construction or hold option
- Available for cash purchase or seller financing (sizable down payment) with options for investors and non‑owner occupants
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
337
Businesses Nearby
Explore this area
Business Placement
Demographics for 23607, VA
23,498
Population
10,764
Households
2.2
Avg Household Size
33
Median Age
14%
College-Educated
85%
High-School Grad
6.0 sq mi
ZIP Area
3,916
Density / Sq Mi
$42,904
Median Household Income
$33,746
Median Earnings
$1,104
Median Rent
$146,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Vacant infill residential lot in an established neighborhood, suitable for new construction or investment hold.
Where is this residential land & home lot located?
The property is located at 2911 CHESTNUT AVE Newport News, VA.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Vacant residential infill lot at 2911 Chestnut Ave in an established Newport News neighborhood; Surrounded by existing single‑family homes, offering a straightforward new‑construction or hold option; Available for cash purchase or seller financing (sizable down payment) with options for investors and non‑owner occupants
