531 Mosby ST new Save Request In-Person Tour Request Virtual Tour
Richmond,VA 23223
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Mosby
MLS Listing ID 2523307
HOA Y/N No
Annual Tax Amount $1,200
Tax Year 2024
Lot Size 3,267 Sqft
Acres 0.075
Lot Dimensions 24.84X158.77
Property Sub-Type Unimproved Land
Property Description
Great Chance to build a BRAND NEW Home in an incredible location!! Opportunity awaits with a multitude of by-right development options in this desirable city neighborhood! No SUP's needed here—these parcels are already zoned R-63, giving investors, builders, and developers tremendous flexibility. Located only one block from beautiful Jefferson Park and just a short walk to Union Hill's favorite restaurants and cafes (Pizza Bones, Fat Rabbit Bakery, Alamo BBQ, The Roosevelt, and more), this property is surrounded by established community charm and steady growth.
Together, 529 & 531 Mosby offer 72 feet of street frontage and over 10,000 square feet of parcel space, allowing between 1–10 residential or mixed-use units by right. Build single-family homes, condos, or apartments—whether your strategy is to build to sell or build to rent, the options are endless. Zoning confirmation letters and surveys are already in hand, streamlining your planning process. For those seeking a less dense approach, the vacant lot (24'x159') can accommodate a new construction dwelling, while the existing structure on the adjacent lot (48'x159') is primed for a major renovation or a large addition. Restoring and expanding the current building could yield a high-value resale or long-term rental. These unusually deep city lots also provide room for off-street parking and generous outdoor space, features that are increasingly rare and highly desirable in this market.
Whether your vision is small-scale—rehabbing and selling the existing house with its oversized lot—or larger scale—redeveloping the combined parcels into multiple new homes—this property delivers on both flexibility and potential. Opportunities like this, with zoning already in place and development pathways clearly defined, are exceptionally rare. Don't miss your chance to invest in a fast-growing neighborhood and bring your project to life in one of the city's most dynamic locations.
Location
State VA
County Richmond City
Community Mosby
Area 10 - Richmond
Exterior
Utilities Available Cable Available,Natural Gas Available,Electricity Available
Building
Lot Description Buildable
Sewer Public Sewer
Water Not Connected (nearby),Public
Schools
Elementary Schools Bellevue
Middle Schools Martin Luther King Jr.
High Schools Armstrong
Others
Tax ID E000-0252-047
Ownership Corporate
Special Listing Condition Corporate Listing