32.55 Acres In The City of Chesapeake Va. With Road Frontage & Beautiful Timber!

32.552 Acres In The City of Chesapeake Va. With Long Road Frontage And Beautiful Timber! Builders And Developers Take A Look!!!

As the exclusive listing agent, Mossy Oak Properties is pleased to present you the opportunity to acquire property in the City of Chesapeake Va. This 32.552 acre parcel has over 2000 ft. of road frontage on Johnston Road. Heavily wooded with Pine, White Oak, Red Oak and a few Poplar trees, this property is zoned RE-1 (Residential Estate). Residential Estate lots in the RE-1 zoning must have a minimum lot width of 175 ft., and a minimum of 3 acres of land. With city assessments of over $150,000.00 for a 3 acre building lot, this property would make a great investment.

The City of Chesapeake is located in the Hampton Roads Region of Virginia, which is a Department of Defense military concentration area. As the second largest city in the Commonwealth of Virginia and the third most populous, the city has experienced significant population growth with an estimated population of over 245,000 residents in 2020 earning a median yearly income of $75,000. There are approximately 8,000 businesses located within the City of Chesapeake of which over 50 are international companies and 19 are from different nations.