About 5286 Stanton Street
Looking for a new build infill opportunity in Cork town? Sale includes 4 lots that cannot be sold separately, 5286 Stanton, 5278 Stanton, 5268 Stanton and 5260 Stanton. BUILDING SHOULD DEFINE SPACE IN MEANINGFUL WAY. BUILDING SHOULD BE DESIGNED TO COMPLEMENT COMMUNITY.PROVIDE A DIVERSE RESIDENTIAL STOCK AND DENSITY AT A VARIETY OF PROCEDURE OF PRICES POINTS, OWNERSHIP TYPES(I.E.RENT,OWN),HOUSING TYPES. DENSITIES SHALL SUPPORT OPPORTUNITIES FOR NEIGHBORHOOD COMMERICAL INVESTMENTS & JOBS CREATION, STIMULATING GROWTH IN LOCAL ECONOMY. THE DLBA 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 ABATEMENT THAT ARE OTHERWISE AVAILABLE TO THE SELECTED PURCHASER. DLBA WILL REVIEW REQUESTS TO WAIVE ITS TAX CAPTURE RIGHTS & MAY REQUIRE A PAYMENT IN LIEU OF TAXES TO APPROVE SUCH REQUESTS.THE PAYMENT WILL BE DETERMINED UPON REVIEWING THE DEVELOPMENT PROFORMA & EFFECT OF ANY TAX ABATEMENT ON THE PURCHASE AND DEVELOPMENT FINANCING.SEE ADDITIONAL ATTACHED DOCS
Features of 5286 Stanton Street
| MLS® # | 24000614 |
|---|---|
| Price | $102,000 |
| Bathrooms | 0.00 |
| Acres | 0.14 |
| Type | Land |
| Sub-Type | Lot |
| Status | Active |
Community Information
| Address | 5286 Stanton Street |
|---|---|
| Area | Wayne County - 100 |
| Subdivision | MORE THAN ONE SUBDIVISION INVOLVED |
| City | Detroit |
| County | Wayne |
| State | MI |
| Zip Code | 48208 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Fireplace | No |
|---|
School Information
| District | Detroit |
|---|
Additional Information
| Legal | E STANTON N 41.87 FT OF W 150 FT OF E 160 FT LYG S OF KIRBY AVE P C 473 10/-- 41.87 X 150 |
|---|---|
| New Construction | No |
Financial Details
| Annual Property Tax | $0 |
|---|---|
| Tax ID # | 10006767. |
| Taxable Value | 0.00 |
Listing Details
| Agent | Natasha Talley |
|---|---|
| Office | BellaBay Realty Tri-Counties |