For Sale
$45,000

0 Oldwood StChesapeake, VA 23324

0.16-acre B-1 zoned land parcel

Overview

Added:
Dec 11, 2024
Days on market:
114
This 0.16-acre land parcel, located on Oldwood Street in Chesapeake, Virginia (zip code 23324), presents a unique investment opportunity. Currently zoned B-1, this property offers potential for diverse uses. The land consists of two partially wooded parcels, providing a natural and tranquil setting. Its strategic location offers significant upside potential. Adjacent properties are zoned RTH1 residential, suggesting the possibility of future rezoning for residential development, subject to city approval. The asking price for this property is $45,000. The property's address is Oldwood St, Chesapeake, VA 23324, and its coordinates are 36.8199617 latitude and -76.261252 longitude. Given its current B-1 zoning and proximity to RTH1 residential zoning, this land parcel represents a compelling investment opportunity for those seeking land in a developing area of Chesapeake. The relatively small size makes it suitable for a variety of uses, from potential residential development (pending rezoning) to other permitted B-1 uses. Serious inquiries are encouraged to explore the possibilities of this promising land investment. Further due diligence is recommended to confirm zoning regulations and development potential.

Property Details for 0 Oldwood St

Property type
Land, Farms
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Chesapeake
County
Chesapeake City
State
Virginia
Latitude
36.8199617
Longitude
-76.261252
Oldwood St, Chesapeake, Virginia

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0 Oldwood St
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