435 Freeman Ave Chesapeake, VA 23324
South Norfolk NeighborhoodEstimated payment $404/month
About This Lot
Prime opportunity in Chesapeake’s South Norfolk/Money Point area! This vacant parcel is zoned M-2 (Heavy Industrial), offering excellent potential for a wide range of commercial or industrial uses. The lot is approx. 3,572 sq ft and ideally positioned with convenient access to major thoroughfares, interstates, and the Port of Virginia.The value here is in the land and its flexible zoning, making it a strong fit for investors, business owners, or developers looking for a strategic location with room to grow. Whether for storage, contractor use, or future development, this property presents multiple paths to maximize value.Opportunities like this in a well-connected industrial corridor are limited—don’t miss your chance to secure a versatile piece of land in a high-demand area.
Property Details
Property Type
- Land
Est. Annual Taxes
- $318
Lot Details
- 3,920 Sq Ft Lot
- Level Lot
- Few Trees
- Property is zoned M2
Schools
- George W. Carver Intermediate
- Oscar Smith Middle School
- Oscar Smith High School
Community Details
- Money Point 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 | $318 | $31,500 | $31,500 | $0 |
| 2024 | $318 | $31,500 | $31,500 | $0 |
| 2023 | $321 | $31,500 | $31,500 | $0 |
| 2022 | $318 | $31,500 | $31,500 | $0 |
| 2021 | $331 | $31,500 | $31,500 | $0 |
| 2020 | $198 | $18,900 | $18,900 | $0 |
| 2019 | $198 | $18,900 | $18,900 | $0 |
| 2018 | $252 | $24,000 | $24,000 | $0 |
| 2017 | $252 | $24,000 | $24,000 | $0 |
| 2016 | $252 | $24,000 | $24,000 | $0 |
| 2015 | $252 | $24,000 | $24,000 | $0 |
| 2014 | $252 | $24,000 | $24,000 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/08/2026 04/08/26 | For Sale | $70,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | None Available |
Source: Real Estate Information Network (REIN)
MLS Number: 10628741
APN: 1570000001510
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