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Charlottesville Development Opportunity: Two Lots
For Sale
$300,000

123 and 125 ROYS PL, Charlottesville, VA 22902

Two adjacent lots for high-density infill or custom home.

Property SizeContact for details
Lot Size0.10 Acres
Days on Market142

Property Features for 123 and 125 ROYS PL

General Information

Standard status Active
Lot size 0.10 Acres
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $3,038
Listing Agency: REAL ESTATE III, INC.
Listed By: MIKE BROWN · License #0225027153
Source: Corcoran
Added: Mar 24 Changed: Aug 8 Last Checked: Jul 16 at 7:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REAL ESTATE III, INC.

Investment Insights

Based on property information with market context.

This 0.10-acre site in Charlottesville presents a development opportunity, combining two adjacent level lots at 123 and 125 Roys Place. Zoned Residential A, the property is suitable for high-density urban infill, a custom home, or a duplex. Public water, sewer, and electricity are already stubbed to the property. The location provides easy access to Downtown, Avon St, and 6th St SE. Each lot has its own Tax ID (260043140) and (260043130).

Key Highlights

  • Rare development opportunity in Charlottesville for high‑density urban infill, a custom home, or a duplex.
  • Two adjacent level lots (123 & 125 Roys Place) zoned Residential A.
  • Public water, sewer, and electricity are already stubbed to the property, reducing site prep costs.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick HVAC Service Electrical Service Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

453
Businesses Nearby

Demographics for 22902, VA

22,457
Population
12,134
Households
1.9
Avg Household Size
37
Median Age
57%
College-Educated
92%
High-School Grad
64.3 sq mi
ZIP Area
349
Density / Sq Mi
$91,162
Median Household Income
$52,555
Median Earnings
$1,572
Median Rent
$392,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Two adjacent lots for high-density infill or custom home.
Where is this residential land & home lot located?
The property is located at 123 and 125 ROYS PL Charlottesville, VA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Rare development opportunity in Charlottesville for high‑density urban infill, a custom home, or a duplex.; Two adjacent level lots (123 & 125 Roys Place) zoned Residential A.; Public water, sewer, and electricity are already stubbed to the property, reducing site prep costs.
More about this property
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