Investor alert—opportunities like this don’t last. Prime infill lot located in the established South Norfolk section of Chesapeake, offering approximately 2,962 sq ft of buildable potential in an area seeing ongoing redevelopment and investor activity. Surrounded by existing residential homes, this parcel is great for a quick spec build, rental hold, or long-term appreciation play. Strong proximity to major highways, shipyards, and military bases supports consistent demand and future resale value. The manageable lot size keeps build costs efficient while maximizing ROI potential. Priced to move and ready for immediate action—serious inquiries only. Whether you’re a seasoned investor or builder looking for your next project, this is the type of opportunity that gets scooped up fast. Buyer to perform due diligence regarding zoning, utilities, setbacks, and buildability.
Sold
Tax assessed value
$37,500
403 B St, Chesapeake, VA 23324
--beds
--baths
4,356Square Feet
Unimproved Land
Built in ----
4,356 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- Estimated rent
Home value
Not available
Estimated sales range
Not available
Not available
Zestimate® history
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Prime infill lotManageable lot size
Zillow last checked:
Listing updated:
Listed by:
Sheena Thiebaud,
Long & Foster Real Estate Inc. 757-428-4600
Bought with:
Jonathan Shepheard
House Goals
Source: REIN Inc.,MLS#: 10627317
Facts & features
Property
Features
- Fencing: Chain Link,Fenced
- Waterfront features: Not Waterfront
- Frontage length: 100
Lot
- Size: 4,356 sqft
- Features: Interior Lot, Less Than 1/4 Acre
- Residential vegetation: Partially Wooded
Details
- Additional structures: None
- Parcel number: 1230000002270
- Zoning: RSFA1
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Chesapeake
- Subdivision: All Others Area 31
Other
Other facts
- Road surface type: Paved
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $379 | $37,500 |
| 2024 | $379 +15.4% | $37,500 +15.4% |
| 2023 | $328 +13.7% | $32,500 +18.2% |
| 2022 | $289 +10% | $27,500 +10% |
| 2021 | $263 | $25,000 |
| 2020 | -- | $25,000 +11.1% |
| 2019 | $236 -10% | $22,500 -10% |
| 2018 | $263 | $25,000 |
| 2017 | $263 0% | $25,000 |
| 2016 | $263 | $25,000 |
| 2015 | $263 | $25,000 +400% |
| 2014 | $263 +400% | $5,000 |
| 2013 | $53 | $5,000 |
| 2012 | $53 | $5,000 |
| 2011 | $53 | $5,000 |
| 2010 | $53 | $5,000 |
| 2009 | $53 | $5,000 |
| 2008 | $53 -0.9% | $5,000 |
| 2007 | $53 -4.5% | $5,000 |
| 2006 | $56 -13.3% | $5,000 |
| 2004 | $64 +150% | $5,000 +150% |
| 2003 | $26 | $2,000 |
| 2002 | $26 | $2,000 |
| 2001 | $26 | $2,000 |
Find assessor info on the county website
Neighborhood: South Norfolk
Nearby schools
GreatSchools rating
- 2/10Rena B. Wright Primary SchoolGrades: PK-2Distance: 0.8 mi
- 4/10Oscar Smith Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Oscar F. Smith High SchoolGrades: 9-12Distance: 5.8 mi
Schools provided by the listing agent
- Elementary: Rena B. Wright Primary
- 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.
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