5287 Stanton Street Detroit, MI 48208
Great development opportunity in the New Center Area. 3 lots to be sold together, 5287 Stanton, 2525 Edsel Ford, 5278 Stanton. Lots cannot be separated. The DLBA is seeking proposals that for small- to medium-scale infill development with the goal of increasing housing supply and restoring the urban fabric, as well as density and walkability. Interested buyers should consult our proposal guidelines for new build opportunities. The DLBA also recommends reviewing relevant Neighborhood Framework Plans from the City of Detroit’s Planning and Development Department for additional context about the neighborhood. 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
- Property TypeLand
- NeighborhoodMore Than One Subdivision Involved
- CountyWayne
- Taxes$0
- HOA/Condo/Coop Fees$0
- Days on Site25 Days
- MLS StatusActive
- MLS ID Number20240024628
- Home Size Source N/A
- Year BuiltN/A
- Lot Size0.1 Acres
- Full BathsN/A
- Partial BathsN/A
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 5287 Stanton Street Detroit, MI 48208
3 weeks ago | |
4 weeks ago |
Don't miss a thing!
Get updates on new activity for this listing
General Features
- Sewer Public Sewer
- Water Public
- Property Sub Type Unimproved Land
- Zoning Residential
Exterior Features
- Waterfront Property No
Community Features
- MLS Area Det: Livernois-I75 6-Gd River