141.45 Acres of Prime Land For Sale in the heart of the City of Chesapeake, VA!

A Developers Dream!  141.45 Acres of Prime Land For Sale in the heart of the City of Chesapeake, VA.

As the exclusive listing agent, Mossy Oak Properties is pleased to present the opportunity to acquire a property in the highly demanded, Grassfield area within the City of Chesapeake, Virginia.  This parcel is located a short 15-minutes from the I-64 corridor, offering enormous investment and earning potential for the right developer looking to showcase their product in one of the fastest growing economic areas in the Hampton Roads Region.
   
Sited adjacent to a new and substantial residential community with some home values currently exceeding $500,000.00, this land tract boasts the potential for a significant return on ones investment. With its close proximity to a thriving network of manufacturing, retail, technical and professional services; and two of the East Coasts favorite family attractions, Virginia Beach and the Outer Banks of North Carolina this parcel of land is a must have. 
 
This property is in the cities master transportation plan making it perfectly suited for suburban, upscale residential development.  With a vast network of roads systems in the local area, and established domestic water and sewer infrastructure nearby, getting started on your dream development project is at hand.

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.