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39 Acres of Land Acquired for $5 Million in Chesapeake

King's Pointe Associates to develop Luxury Residential at Site
By Heather Sellers
December 28, 2009 | 6:50 P.M.

King’s Pointe Associates recently acquired 39 acres of land at Gum Road in Chesapeake for $5.15 million, or about $131,625.64 per acre. The seller was James & Venice King, LLC.

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