Residential Development Land
For Sale
$99,000
5287 STANTON St, Detroit, MI 48208
Three residential lots are offered together and cannot be separated for infill development in the New Center area.
Property SizeContact for details
Days on Market28
Property Features for 5287 STANTON St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
Bellabay Realty Tri-Counties
(248) 274-6614
Listed By:
Natasha C Richards · License #6502385914
(248) 274-6614
Source:
Elliman
Added: Jul 16
Changed: Aug 8
Last Checked: Jul 16 at 5:20PM
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 Bellabay Realty Tri-Counties
Investment Insights
Based on property information with market context.
Three residential lots are being offered for sale together and cannot be separated. The parcels are 5287 Stanton, 2525 Edsel Ford, and 5278 Stanton, and they are being marketed as a development opportunity in the New Center area.
Interested buyers should review the Detroit Land Bank Authority’s proposal guidelines for new build opportunities and consult relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Please note the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements otherwise available to the selected purchaser, with payment determined based on the development pro forma and the effect of any tax abatements on purchase and development financing.
Interested buyers should review the Detroit Land Bank Authority’s proposal guidelines for new build opportunities and consult relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional neighborhood context.
Please note the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership. The tax capture may be incompatible with tax abatements otherwise available to the selected purchaser, with payment determined based on the development pro forma and the effect of any tax abatements on purchase and development financing.
Key Highlights
- Three residential lots offered together and cannot be separated: 5287 Stanton, 2525 Edsel Ford, and 5278 Stanton.
- Located in Detroit’s New Center area, suited for small- to medium‑scale infill development.
- DLBA notes it is entitled to a tax capture for the 5 tax years after transferring ownership.
Property Analytics
Property Profile
Current Use
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Three residential lots are offered together and cannot be separated for infill development in the New Center area.
Where is this residential land & home lot located?
The property is located at 5287 STANTON St 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: Three residential lots offered together and cannot be separated: 5287 Stanton, 2525 Edsel Ford, and 5278 Stanton.; Located in Detroit’s New Center area, suited for small- to medium‑scale infill development.; DLBA notes it is entitled to a tax capture for the 5 tax years after transferring ownership.
