Estimated payment $232/month
Highlights
- Interior Lot
- Rena B. Wright Primary School Rated A-
- Chain Link Fence
About This Lot
Investor special! Infill lot located in the South Norfolk section of Chesapeake offering approximately 2,962 sq ft (0.07 acres) of residential land with clear development potential. Surrounded by existing homes and ongoing investor activity, this parcel is well-positioned for a spec build, rental portfolio addition, or long-term hold. Located with quick access to major corridors, shipyards, and military bases, supporting steady rental demand and resale viability. The smaller footprint allows for efficient construction costs while maintaining strong upside potential. Great for builders and investors seeking their next project in a market with continued growth and redevelopment. Opportunities at this price point are limited, move quickly. Buyer to perform all due diligence regarding zoning, utilities, setbacks, and buildability.
Property Details
Property Type
- Land
Est. Annual Taxes
- $379
Lot Details
- 3,049 Sq Ft Lot
- Chain Link Fence
- Interior Lot
- Few Trees
- Property is zoned RSFA1
Schools
- Rena B. Wright Primary Elementary School
- Oscar Smith Middle School
- Oscar Smith High School
Community Details
Overview
- All Others Area 31 Subdivision
Recreation
- Utility Building
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 | $379 | $37,500 | $37,500 | $0 |
| 2024 | $379 | $37,500 | $37,500 | $0 |
| 2023 | $328 | $32,500 | $32,500 | $0 |
| 2022 | $278 | $27,500 | $27,500 | $0 |
| 2021 | $263 | $25,000 | $25,000 | $0 |
| 2020 | $263 | $25,000 | $25,000 | $0 |
| 2019 | $236 | $22,500 | $22,500 | $0 |
| 2018 | $262 | $25,000 | $25,000 | $0 |
| 2017 | $263 | $25,000 | $25,000 | $0 |
| 2016 | $263 | $25,000 | $25,000 | $0 |
| 2015 | $263 | $25,000 | $25,000 | $0 |
| 2014 | $53 | $5,000 | $5,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $37,500 | -- | -- |
Source: Real Estate Information Network (REIN)
MLS Number: 10627323
APN: 1230000002280
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