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Land for Sale in Chesapeake, Virginia

407 B St, Chesapeake, VA 23324

$37,500
0.07 acres
Active sale
ago
Est $284/mo

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.

Location

Street address
407 B St
Elevation
9 feet
Coordinates
36.8222, -76.276

Property details

Lot size
0.07 acres3,049 sq ft
Source
LONGANDFOSTER
Posted

Property taxes

Recent
$379

Parcels

  • 1230000002280

Nearby schools

NameType
Rena B. Wright PrimaryElementary
Oscar Smith MiddleMiddle
Oscar SmithHigh

Listing history

DateEventPriceChangeSource
Mar 31, 2026New listing$37,500LONGANDFOSTER
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This 0.07-acre property is located at 407 B St in Chesapeake, VA 23324. The property is available for sale for $37,500.

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