Skip main navigation
Lot/land
  • $125,000

    427 Freeman Ave, Chesapeake, VA 23324

    --beds
    --baths
    3,484.8Square Feet
    Unimproved Land
    Built in ----
    3,484.8 Square Feet Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    51 days
    |
    195
    |
    10
    |

    Zillow last checked: 8 hours ago

    Listing updated: October 29, 2025 at 05:59pm

    Listed by:

    Robert Rogers,

    Real Broker LLC 757-520-0565

    Source: REIN Inc.,MLS#: 10607003MLS Logo

    Facts & features

    Property

    Features
    • Fencing: Partial,Fenced
    • Waterfront features: Not Waterfront
    • Frontage length: 30
    Lot
    • Size: 3,484.8 Square Feet
    • Dimensions: 120 x 30
    • Features: Interior Lot, Level, Less Than 1/4 Acre
    Details
    • Additional structures: Residence
    • Parcel number: 1570000001470
    • Zoning: M2

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Money Point
    Location
    • Region: Chesapeake

    Financial & listing details

    • Tax assessed value: $73,800
    • Annual tax amount: $917
    • Date on market: 10/21/2025
    • Road surface type: Paved

    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,479/mo

    Price history

    Price history

    Price history is unavailable.

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2025$745 -18.7%$73,800 -18.7%
    2024$917 +14.6%$90,800 +14.6%
    2023$800 +9.9%$79,200 +14.3%

    Find assessor info on the county website

    BuyAbility℠ payment

    Estimated monthly payment
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: South Norfolk

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: George W. Carver Intermediate
    • Middle: Oscar Smith Middle
    • High: Oscar Smith

    Source: REIN Inc.. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Similar homes

    Skip to the end of the carouselSkip to the beginning of the carousel
    • Loading