Prime commercial/residential lot for potential development!
Preliminary site plans available!
Two preliminary office building site plans available between 3,600-4,900 SF
Low Opening Bid of $5,000!
Over 26,000 vehicles per day on highly trafficked Indian River Road
Centrally located in the Norfolk Highlands subdivision of the City of Chesapeake, and very close to Interstate I-64, this 0.308 acre lot is currently zoned B-1 general business with preliminary site plans available for a new commercial development. The lot proximity to Indian River Road makes for a great opportunity to develop a new commercial site or a new single family home matching other new builds throughout the subdivision, with appropriate rezoning. The low opening bid of $5,000 presents a great opportunity!
Parcel ID#: 0201002000004
2021 Tax Assessment: $107,800
2021 Annual Taxes: $1,131.90
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FROM VIRGINIA BEACH: Take Arctic Ave and 22nd St to I-264 W/Norfolk Virginia Beach Expy/Virginia Beach Expy. Continue on I-264 W/Norfolk Virginia Beach Expy/Virginia Beach Expy to Norfolk. Take exit 13-14-15 from I-264 W/Norfolk Virginia Beach Expy/Virginia Beach Expy (13.1 mi). Continue on US-13 S/N Military Hwy. Drive to Willow Ave in Chesapeake (2.7 mi). Merge onto US-13 S/N Military Hwy. Turn right onto VA-407 W/Indian River Rd. Pass by Subway (on the right in 0.6 mi). Turn left onto Willow Ave. Destination will be on the left.
FROM NORFOLK: Take E Freemason St to St Pauls Blvd. Take Campostella Rd and VA-407 E/E Indian River Rd to Willow Ave in Chesapeake (4.4 mi). Turn right onto Willow Ave. Destination will be on the left.
FROM RICHMOND: Get on I-64 E. Follow I-64 E to US-13 S/N Military Hwy in Norfolk. Take exit 284A from I-64 E (94.0 mi). Merge onto I-64 E (72.8 mi). Keep left to stay on I-64 E (20.0 mi). Use the right 2 lanes to take exit 284A for I-264 W toward Norfolk. Keep right to continue on Exit 13A, follow signs for US-13 S/Military Hwy and merge onto US-13 S/N Military Hwy. Continue on US-13 S/N Military Hwy. Drive to Willow Ave in Chesapeake. Destination is on your left.