Colliers International presents a unique residential development opportunity in the desirable Grassfield area of Chesapeake, Virginia. This ±105-acre site consists of three parcels and is ideally positioned with frontage on Shipyard Road, offering convenient proximity to major destinations including Greenbrier, downtown Norfolk, Virginia Beach Town Center, and coastal attractions. The site is situated within a growing residential corridor and enjoys accessibility to major regional highways, including I-64 and Route 17. According to the Chesapeake 2045 Comprehensive Plan, the property falls under a low-scale residential character district. Future development for single-family homes with a potential rezoning to R-8 (8,000 SF lots) would likely receive favorable consideration from city officials. Utilities include available city water and nearby sewer connection approximately 700 feet away at the entrance to Bryan’s Cove, a nearby townhouse community. Surrounding amenities include boating and recreational opportunities, golf courses, and sought-after schools, enhancing the attraction for family-oriented residential development. The property represents a rare large-scale land assemblage in a high-demand market with demographic strength and long-term growth potential.