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✓ Source: REIN MLS #10627323 · record updated Jun 30, 2026 · synced every 2 min · your inquiry is never resold
407 B ST, CHESAPEAKE VA 23324 - Main photo
$37,500
63days on market

407 B St, Chesapeake, VA 23324

SoldLand and Farms · ALL OTHERS AREA 31

About this home

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.

Listing courtesy of Sheena Thiebaud · Long & Foster Real Estate Inc. · REIN MLS #10627323

Facts & features

Type

Land and Farms

HOA

None

Taxes

$379/yr

County

Chesapeake VA

MLS #

10627323

Construction & exterior

Fencing
Chain Link

Utilities & systems

Utilities available
City Sewer, City Water

Lot, parking & ownership

Lot size
0.0700
Road surface
Paved
Subdivision
ALL OTHERS AREA 31
Zoning
RSFA1
Ownership
Fee Simple
Possession
SETTLEMENT

See more Chesapeake land & lots.

Sources: REIN MLS record

How Far Is?

Driving distance by road and typical drive time via Google Maps, to the nearest location of each. Straight-line distances in “What’s nearby” are shorter.

Homes like this one sell fast — see the next one first

Chesapeake$30K – $45K

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Schools

VaHome School Score

Our own 1–10 rating, scored from Virginia Department of Education data.

VaHome School Score — calculated by VaHome.com from Virginia Department of Education assessment, progress, and attendance data. Attendance zones come from the MLS listing record; confirm the current zone with the school division before making an offer.

Flood & environment

FEMA flood zone X · outside the high-risk area · FIRM 510034

Flood Risk (FEMA)

Source: FEMA National Flood Hazard Layer · FIRM 510034

Low / Moderate Risk

FEMA flood zone

X (low to moderate risk)

Base flood elevation

Not applicable in low-risk zones

Zone X is outside the Special Flood Hazard Area; FEMA doesn\u2019t define a BFE here.

Property elevation

10.7 ft above sea level

USGS 3DEP digital elevation model

Outside the high-risk Special Flood Hazard Area. Federal flood insurance is NOT required, though optional preferred-rate NFIP coverage is still worth considering in coastal Hampton Roads.

Data sources: Flood zone and base flood elevation come from FEMA\u2019s National Flood Hazard Layer. Property elevation is sampled from a single point on the parcel using the USGS National Map elevation service \u2014 actual elevations across a single property can vary by several feet higher or lower than the figure shown. Use these numbers as a starting reference and do your own due diligence (a professional survey or elevation certificate) before relying on them for any financial, insurance, or construction decision.

Hurricane Evacuation Zone

Evacuation Zone B

Source: Virginia Dept. of Emergency Management — Know Your Zone

Explore this neighborhood

South Norfolk

South Norfolk is one of Chesapeake's oldest urban areas. It is a historic borough at the city's north edge. The borough was laid out along the Southern Branch of the Elizabeth River.

$305K

Median sale · 12 mo

$194

Sold $/sq ft

21d

Days on market

33

For sale now

$62K

HH income

60.3%

Owner-occupied

REIN MLS closed sales, trailing 12 mo · U.S. Census ACS 2024 5-year

Explore South Norfolk →
Map of South Norfolk with neighborhood boundaryNeighborhood

Chesapeake homes for sale →

Location intelligence

What's nearby

Location & Neighborhood

Distances are straight-line (as the crow flies) from this property, not driving miles. Places within ~1 mile, nearest first. Powered by Google Places.

Military Commute

Drive times to nearest bases

NNSY

Navy

10min·4.2mi

USCG Portsmouth

Coast Guard

7min·1.8mi

NMCP

Navy

11min·4.5mi

USCG Finance Ctr

Coast Guard

15min·8.6mi

NS Norfolk

Navy

21min·18.2mi

Drive times via Google Maps with current traffic patterns. Times are typical and may vary by time of day. Use the "Analyze" button up top to see live drive time to your saved base.

The numbers

Payment Calculator

Estimates only — taxes come from the public record; confirm rates with your lender. VA-eligible buyers: $0-down financing may apply.

Estimate your monthly payment

$237/mo

Principal & interest

$195

Property tax

$32

Home insurance

$11

PMI

None

HOA/Condo (paid separately)

None

Estimate only. Association (HOA/condo) fees are paid separately and are not included in the payment above. Insurance assumed at 0.35% of home value annually. Actual taxes, insurance, and rate will vary by lender, credit, and property. Contact a lender for a personalized quote.

Value & history

Comparables

Own a home nearby? See what it is worth today — What's your Chesapeake home worth?

Sale & Tax History

List Price

$37,500

Price / Sq Ft

$0

Annual Taxes

$379

Monthly Tax

$32

HOA

None

Tax Rate (effective)

1.01%

Sale Timeline (this listing)

EventDatePriceDetail
ListedJun 2, 2026$37,500—
SoldJun 30, 2026$37,500—

Looking for multi-year tax assessments or prior sales? REIN MLS only ships data for the current listing. For full property history, check the city assessor record:

Chesapeake Real Estate Assessor

Tax data above from REIN public-records sync. Sale timeline tracked from this listing's first appearance in our feed forward; prior owner sales are not included.

Comparable Properties

Comps are selected by city, bed count, square footage and price proximity. Composite similarity score weights bed match, sqft variance, price variance, and straight-line distance.

Questions buyers ask

Is 407 B St in a good school zone?+
The assigned zones on the listing record are Rena B. Wright Primary, Oscar Smith Middle (VaHome School Score 2.4/10), Oscar Smith (VaHome School Score 2.4/10). School attendance zones can change — always confirm enrollment with the local school division.
Is 407 B St in a flood zone?+
FEMA maps this parcel in Zone X, outside the high-risk Special Flood Hazard Area. See the flood section on this page for details and sources.
Are there parks near 407 B St?+
Johnson Park is about 0.3 miles away.
Where is the nearest grocery store to 407 B St?+
In and out smoke shop and deli is about 0.1 miles away. The closest dining on record is McDonald's (0.2 mi).
Does 407 B St have an HOA?+
No — there are no HOA, condo, or association dues on the listing record for this property.

Answers generated from the listing record, verified school zones, FEMA data, and cached nearby-places data — never invented.

The people

You'll talk to a person, not a lead queue

TD

Tom & Dariya Milan

Brokered by LPT Realty · Hampton Roads

Listing courtesy of Sheena Thiebaud · Long & Foster Real Estate Inc. · REIN MLS #10627323

Call or text (757) 777-7577

Ask Dariya — instant answers

Schools, flood, drive times, what it really costs to own — answered from this page's data, by chat or voice.

This home has sold

Curious what it means for your own plans? Ask about similar homes nearby, or what your home might sell for in this market.

407 B St, Chesapeake — photo

This one's sold — the next one doesn't have to be.

407 B St, Chesapeake, Virginia 23324 · MLS #10627323 · Source: REIN MLS + public record. Information deemed reliable but not guaranteed — verify independently. School zones subject to change; confirm with the local school division. All locations are described by neutral geographic fact. Equal Housing Opportunity.

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