407 B St
Chesapeake, VA 23324
South NorfolkLocal Information
-- mins to
Description
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.
407 B St, Chesapeake, VA 23324 is a lot/land in South Norfolk. It is currently off market.
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
100 days ago
Home Details for 407 B St
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Gas & Electric No Electric on Property |
View No View |
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Exterior Home Features Fencing: Chain Link, FencedVegetation: Other, Partially WoodedOther Structures: Utility Bldg |
Frontage Waterfront: Not WaterfrontRoad Frontage: City / CountyRoad Surface Type: PavedNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Property Type / Style Property Type: LandProperty Subtype: Unimproved Land |
Building Not Habitable Residence |
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Price List Price: $37,500 |
Status Change & Dates Off Market Date: Mon Jun 01 2026Possession Timing: Settlement |
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MLS Status: Sold |
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Direction & Address City: ChesapeakeCommunity: All Others Area 31 |
School Information Elementary School: Rena B. Wright PrimaryJr High / Middle School: Oscar Smith MiddleHigh School: Oscar Smith |
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Lot Area: 3049.2 sqft |
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Contingencies: Non Contingent |
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Mls Number: 10627323 |
Last check for updates: about 3 hours ago
Listed by Sheena Thiebaud
Long & Foster Real Estate Inc., (757) 428-4600
Bought with: Jonathan Shepheard, House Goals, (757) 346-9077
Source: REIN Inc., MLS#10627323

Market trends in South Norfolk
Last updated May 2026
Avg. sale price
$305K
$13.33KMoM
Sale-to-List Price
100.1%
0.1%MoM
Price per sq ft
$193
$6MoM
Available listings
88
2MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $379 |
| Assessment | $37,500 |
Home facts updated by county records
Comparable Sales for 407 B St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.01 | Lot/Land | $37,500 | 06/30/26 | - | - | ||
0.64 | Lot/Land | $30,000 | 07/10/25 | - | - | ||
0.64 | Lot/Land | $38,000 | 08/05/25 | - | - | ||
0.70 | Lot/Land | $32,000 | 01/14/26 | - | - | ||
0.35 | Lot/Land | $135,000 | 03/16/26 | - | - | ||
0.68 | Lot/Land | $73,500 | 10/07/25 | - | - | ||
0.85 | Lot/Land | $38,000 | 08/29/25 | - | - | ||
1.32 | Lot/Land | $80,000 | 10/14/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 407 B St.
What Locals Say about South Norfolk
At least 226 Trulia users voted on each feature.
88 % Say car is needed
84 % Say yards are well-kept
78 % Say it's dog friendly
77 % Say kids play outside
75 % Say parking is easy
71 % Say there's holiday spirit
62 % Say there are sidewalks
57 % Say streets are well-lit
55 % Say it's quiet
52 % Say neighbors are friendly
50 % Say they plan to stay for at least 5 years
48 % Say people would walk alone at night
48 % Say it's walkable to grocery stores
34 % Say there's wildlife
33 % Say it's walkable to restaurants
32 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 407 B St
Off Market Homes Near 407 B St

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Copyright 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2026-07-09 00:58:17 PDT.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
This application does not include information on all of the properties available for sale at this time.
Copyright 2026 REIN. REIN's listings Data and information is protected under federal copyright laws. Federal law prohibits, among other acts, the unauthorized copying or alteration of, or preparation of derivative works from, all or any part of copyrighted materials, including certain compilations of Data and information. COPYRIGHT VIOLATORS MAY BE SUBJECT TO SEVERE FINES AND PENALTIES UNDER FEDERAL LAW. REIN updates its listings on a daily basis. Data last updated: 2026-07-09 00:58:17 PDT.
Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.
This application does not include information on all of the properties available for sale at this time.