1027 Chesapeake Ave Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated payment $1,066/month
Highlights
- 0.48 Acre Lot
- Rena B. Wright Primary School Rated A-
- Property is near public transit
About This Lot
Welcome to 1027 Chesapeake Ave, a prime .48-acre lot located in the charming South Norfolk Neighborhood of Chesapeake, VA. This versatile parcel is zoned B-5, allowing for a variety of multi-use opportunities, making it an ideal choice for investors or developers looking to capitalize on the growing demand in the area. The lot features a spacious layout with easy access to major thoroughfares, ensuring high visibility and excellent traffic flow. Surrounded by a mix of residential and commercial developments, this location offers the perfect blend of community and convenience. Imagine the possibilities! Whether you envision a vibrant retail space, a cozy café, or a mixed-use development, the flexibility of B-5 zoning allows you to bring your vision to life. Plus, you’ll benefit from the neighborhood’s close-knit atmosphere, which fosters connection and a sense of community.
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,701
Lot Details
- 0.48 Acre Lot
- Cleared Lot
- Few Trees
- Property is zoned B5
Location
- Property is near public transit
Schools
- Truitt Intermediate
- Oscar Smith Middle School
- Oscar Smith High School
Community Details
- South Norfolk Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,701 | $168,400 | $168,400 | $0 |
| 2024 | $1,701 | $168,400 | $168,400 | $0 |
| 2023 | $1,164 | $168,400 | $168,400 | $0 |
| 2022 | $972 | $96,200 | $96,200 | $0 |
| 2021 | $1,010 | $96,200 | $96,200 | $0 |
| 2020 | $1,010 | $96,200 | $96,200 | $0 |
| 2019 | $1,010 | $96,200 | $96,200 | $0 |
| 2018 | $945 | $90,000 | $90,000 | $0 |
| 2017 | $893 | $85,000 | $85,000 | $0 |
| 2016 | $893 | $85,000 | $85,000 | $0 |
| 2015 | $893 | $85,000 | $85,000 | $0 |
| 2014 | $893 | $85,000 | $85,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | For Sale | $175,000 | -- | -- |
Source: Real Estate Information Network (REIN)
MLS Number: 10600116
APN: 1280000000790
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