Lot/land

$70,000

435 Freeman Ave, Chesapeake, VA 23324

--beds

--baths

3,920Square Feet

Unimproved Land

Built in ----

3,920 Square Feet Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Vacant parcel

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. 3,920 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.

89 days

192

2

Facts & features

Property

Features

Fencing: None
Waterfront features: Not Waterfront
Frontage length: 33

Lot

Size: 3,920 Square Feet
Features: Level, Less Than 1/4 Acre
Residential vegetation: Partially Wooded

Details

Additional structures: None
Parcel number: 1570000001510
Zoning: M2

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected

Community & HOA

Community

Subdivision: Money Point

Location

Region: Chesapeake

Financial & listing details

Tax assessed value: $31,500
Annual tax amount: $318
Date on market: 4/8/2026
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,744/mo

Price history

Price history is unavailable.

Public tax history

Year	Property taxes	Tax assessment
2025	$318	$31,500
2024	$318	$31,500
2023	$318 -3.8%	$31,500
2022	$331	$31,500
2021	$331	$31,500 +66.7%
2020	--	$18,900
2019	$198 -21.3%	$18,900 -21.3%
2018	$252	$24,000
2017	$252	$24,000
2016	$252	$24,000
2015	$252	$24,000
2014	$252 -4%	$24,000 -4%
2013	$263	$25,000
2012	$263	$25,000
2011	$263	$25,000
2010	$263	$25,000
2009	$263	$25,000
2008	$263 -48.3%	$25,000 -47.8%
2007	$508 -3.5%	$47,900 +1.1%
2006	$526 +30.1%	$47,400 +50%
2004	$404 +20.2%	$31,600 +20.2%
2003	$337 +4.4%	$26,300 +4.4%
2002	$323	$25,200
2001	$323	$25,200

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

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.

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