Detroit Land Development
5287 STANTON Street Detroit, MI 48208
5287 STANTON Street, Detroit, MI, 48208
$99,000
For Sale
$99,000
LAND - Detroit, MI
Lot Size0.10 Acres
Days on Market828
Property Features for 5287 STANTON Street
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- Residential
- Standard status
- Active
- APN
- 10006914.
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Description
- W STANTON THAT PT OF PC 473DESC AS FOLS BEG AT INTSEC OF W LINE OF STANTON AVE & S LINE OF KIRBY AVE TH S 22D 01M 17S E 41.27 FT TH S 67D 07M 43S W 110FT TH N 22D 01M 17S W 41.27 FT THN 67D 07M 43S E 110 FT TO POB 10/--- 41.27 X 110
Utilities
- Water source
- Public
Listing agency
Bellabay Realty Tri Counties
(248) 274-6614
Listed by
Natasha C Richards · License #6502385914
(248) 274-6614
Added: Apr 17, 2024 Updated: May 13 at 3:30AM Checked: Jul 23 at 12:06AM
MLS# 20240024628
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Investment Insights
Based on property information with market context.
This offering presents a development opportunity in the New Center area of Detroit, MI. The sale includes three lots located at 5287 Stanton, 2525 Edsel Ford, and 5278 Stanton; these lots must be sold together and cannot be separated. The Detroit Land Bank Authority (DLBA) is looking for proposals for small- to medium-scale infill development aimed at increasing housing supply and restoring the urban fabric, density, and walkability. Interested buyers are advised to consult the DLBA's proposal guidelines for new build opportunities and review relevant Neighborhood Framework Plans from the City of Detroit's Planning and Development Department for additional neighborhood context. The property is zoned for residential use and has a total lot size of 0.1 acres. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements that are otherwise available to the selected purchaser. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.
Key Highlights
- Development opportunity in the New Center Area.
- Includes 3 lots to be sold together (5287 Stanton, 2525 Edsel Ford, 5278 Stanton).
- Seeks small- to medium‑scale infill development proposals.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Three residential lots for sale in Detroit's New Center area.
Where is this residential land & home lot located?
The property is located at 5287 STANTON Street Detroit, MI.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Development opportunity in the New Center Area.; Includes 3 lots to be sold together (5287 Stanton, 2525 Edsel Ford, 5278 Stanton).; Seeks small- to medium‑scale infill development proposals.
