Search
R2A-Zoned Residential Building Lot
For Sale
$475,000

517 2nd Street, Ann Arbor, MI 48103

Build a new residence on an R2A-zoned lot with a driveway easement and substantial depth in Ann Arbor’s Old West Side.

Property Size3,960 SF
Price / SF$119.95
Days on Market33

Property Features for 517 2nd Street

General Information

Standard status Active
Size 3,960 SF
Property subtype Land / Lot
Zoning R2A

Taxes and HOA fees

Annual Taxes $2,295

Amenities

0.0
Paved, Public
Listing Agency: Real Estate One Inc
Listed By: Talia Anderson · License #6501458125
Source: Compass
Added: Jul 11 Changed: Aug 8 Last Checked: Jul 20 at 9:10AM

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 One Inc

Investment Insights

Based on property information with market context.

Located at 517 2nd Street in Ann Arbor’s Old West Side, this residential building lot is zoned R2A and includes a driveway easement. The property is described as having exceptional depth, providing flexibility for how a new home can be configured on the site.

The listing positions the lot near downtown Ann Arbor, Kerrytown, and the University of Michigan campus, with access to local parks, restaurants, and shops. Nearby mentions include Jefferson Market, Argus Farm Stop, Washtenaw Dairy, and Blank Slate Creamery.

Prospective buyers should review zoning and easement terms for their intended design and site plan, as the lot is being offered for construction of a new home.

Key Highlights

  • Build‑ready lot in Ann Arbor’s Old West Side neighborhood
  • Zoned R2A for a new residence
  • Includes a driveway easement

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Plumbing Service HVAC Service (Bike/Boat/Book/etc) Store Pet Store

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

3,157
Businesses Nearby

Demographics for 48103, MI

55,605
Population
25,511
Households
2.2
Avg Household Size
40
Median Age
75%
College-Educated
97%
High-School Grad
66.5 sq mi
ZIP Area
836
Density / Sq Mi
$115,513
Median Household Income
$65,698
Median Earnings
$1,760
Median Rent
$455,100
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 - Build a new residence on an R2A-zoned lot with a driveway easement and substantial depth in Ann Arbor’s Old West Side.
Where is this residential land & home lot located?
The property is located at 517 2nd Street Ann Arbor, MI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Build‑ready lot in Ann Arbor’s Old West Side neighborhood; Zoned R2A for a new residence; Includes a driveway easement
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message