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Chesapeake Vacant Industrial Land Parcel
For Sale
$70,000

435 Freeman Avenue, Chesapeake, VA 23324

LAND - Chesapeake, VA

Property SizeContact for details
Lot Size0.09 Acres
Days on Market120

Property Features for 435 Freeman Avenue

General Information

Property type Land
Property subtype Other
Zoning M2
Subdivision MONEY POINT
Elementary school George W. Carver Intermediate
Middle school Oscar Smith Middle
Standard status Active
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 318

Utilities

Water front features Waterfront
Listing Agency: Real Broker LLC
Listed By: Robert Rogers
Added: Apr 8 Changed: May 1 Last Checked: Aug 5 at 2:06PM
MLS# 10628741

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.

Located in Chesapeake's South Norfolk/Money Point area, this vacant land parcel is zoned M-2 (Heavy Industrial), offering potential for various commercial or industrial uses. The lot is approximately 3,920 square feet and provides convenient access to major thoroughfares, interstates, and the Port of Virginia. The value of this property lies in the land and its flexible zoning, making it suitable for investors, business owners, or developers seeking a strategic location. This property presents multiple paths to maximize value, whether for storage, contractor use, or future development. This versatile piece of land is located in a high-demand industrial corridor.

Key Highlights

  • M‑2 (Heavy Industrial) Zoning allows for a wide range of uses.
  • Strategic Location: Enjoy convenient access to major thoroughfares, interstates, and the Port of Virginia.
  • High‑Demand Area: Located in a well‑connected industrial corridor.

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Pharmacy Spa & Massage Center Garden 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

257
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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Vacant M-2 zoned land parcel in Chesapeake, Virginia.
Where is this industrial land located?
The property is located at 435 Freeman Avenue Chesapeake, VA.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: M‑2 (Heavy Industrial) Zoning allows for a wide range of uses.; Strategic Location: Enjoy convenient access to major thoroughfares, interstates, and the Port of Virginia.; High‑Demand Area: Located in a well‑connected industrial corridor.
More about this property
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