Six-Lot Land
For Sale
$34,000
5202 Stanton Street, Detroit, MI 48208
Residential land bundle offered as six lots on Stanton Street in Detroit’s Woodbridge area.
Property SizeContact for details
Days on Market787
Property Features for 5202 Stanton Street
General Information
Standard status
Active
Property subtype
Land
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$47
Listing Agency:
Keller Williams Realty-Great Lakes
(586) 210-3350
Listed By:
Erick Monzo · License #6501330189
(586) 210-3350
Source:
Compass
Added: Jun 18, 2024
Changed: Aug 8
Last Checked: Jul 20 at 7:10PM
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 Keller Williams Realty-Great Lakes
Investment Insights
Based on property information with market context.
For sale: a six-lot residential land bundle that must be purchased together. The offering includes 5202 Stanton, 5210 Stanton, 5218 Stanton, 5224 Stanton, 5232 Stanton, and 5240 Stanton Street.
The Detroit Land Bank Authority listing notes the bundle’s placement in the Woodbridge neighborhood near expressways, with access to Grand River and I-94.
The DLBA also notes it is entitled to a tax capture for five tax years following transfer of ownership, which may be incompatible with other available tax abatement programs. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes; the payment would be determined after reviewing a development proforma and the impact of any tax abatement on purchase and development financing.
The Detroit Land Bank Authority listing notes the bundle’s placement in the Woodbridge neighborhood near expressways, with access to Grand River and I-94.
The DLBA also notes it is entitled to a tax capture for five tax years following transfer of ownership, which may be incompatible with other available tax abatement programs. The DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes; the payment would be determined after reviewing a development proforma and the impact of any tax abatement on purchase and development financing.
Key Highlights
- Six‑lot residential land bundle in Detroit’s Woodbridge neighborhood on Stanton Street
- Includes 5202, 5210, 5218, 5224, 5232, and 5240 Stanton (must be purchased together)
- Offered by the Detroit Land Bank Authority at Grand River and I‑94
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Explore this area
Business Placement
Demographics for 48208, MI
8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land bundle offered as six lots on Stanton Street in Detroit’s Woodbridge area.
Where is this residential land & home lot located?
The property is located at 5202 Stanton Street Detroit, MI.
What is the asking price?
The asking price for this property is $34,000.
What are key features of this property?
This property features: Six‑lot residential land bundle in Detroit’s Woodbridge neighborhood on Stanton Street; Includes 5202, 5210, 5218, 5224, 5232, and 5240 Stanton (must be purchased together); Offered by the Detroit Land Bank Authority at Grand River and I‑94
