
Lansing Self Storage Development Site
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
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