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27364015
27364016

3425 W Saginaw St, Lansing, MI 48917

KF
MI 6502432847, OH SAL.2025001893
Hayes Ventures
Listed by Hayes Ventures
$1,200,000
240 days on market
Updated 47 days ago

Lansing Self Storage Development Site

Details
APN 33-21-01-18-101-007
Property Type Land, Self Storage
Sub Type Industrial
Square Footage 94,580
Net Rentable (SqFt) 76,143
Units 692
Class A
Buildings 3
Stories 1
Acreage 5.050
Zoning PD, Planned Development

Self Storage Development Opportunity on 5.1 +/- acres in Lansing, MI

Marketing description

3425 W. Saginaw Street presents a prime self storage development opportunity in Lansing, MI. Plans allow for 94,580 GSF and 76,143 NRSF across 5.05 acres featuring 100% single-story product. The property benefits from outstanding visibility and 648 feet of frontage along Saginaw Street with 24,672 vehicles per day. The population is 63,144 with an AHHI of $85,113 and approximately 41% of households are renters within a 3-mile radius. The property sits adjacent to the 120-acre WestPark mixed-use development project, which is slated for a mix of up to 600 single family and multifamily residences.


The property is strategically positioned within the dynamic Lansing MSA, which is home to over 480,000 residents. As Michigan’s capital and the home of nearby Michigan State University, Lansing benefits directly from strong economic anchors that drive long-term stability, job growth, and ongoing innovation. The region attracts substantial investment across core sectors including government, education, healthcare, insurance, finance, and automotive manufacturing. With its central location and easy access to Detroit and Grand Rapids, Lansing offers businesses and residents exceptional connectivity along with a balanced mix of employment opportunities, cultural amenities, and recreation.

Investment highlights

  • Prime Self Storage Development Opportunity on 5.1 +/- acres in Lansing, MI

  • Plans Allow for 94,580 GSF | 76,143 NRSF of state-of-the-art storage space

  • 100% Single-Story premium access units

  • Exceptional Visibility and Frontage along Saginaw Street featuring 24,672 AADT

  • Strong Market Demographics with population of 63,000 and AHHI over $85k (3-mi)

  • Major Anchor Tenants including Home Depot, Target, and Meijer within close proximity

  • Adjacent to WestPark Mixed-Use Development totaling up to 600 SFR and MF units

  • Storage Moratorium in neighboring Delta Township, suppressing future new supply

Listing Contacts

KF
MI 6502432847, OH SAL.2025001893
Hayes Ventures
Listed by Hayes Ventures

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Additional Information

Name
Kevin Friedman
License
6502432847
Brokerage
Hayes Ventures LLC
Brokerage Phone
847-436-5483
Title
Real Estate Broker
Brokerage Address
616 Yarmouth Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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