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Single-Story Storage Development Site
For Sale
$499,000

3425 W Saginaw St, Lansing, MI 48917

Permitted plans call for a 100% single-story self-storage facility with 648 feet of frontage along Saginaw Street.

Property Size94,580 SF
Lot Size5.05 Acres
Price / SF$5.28
Days on Market184

Property Features for 3425 W Saginaw St

General Information

Standard status Active
Size 94,580 SF
Lot size 5.05 Acres
Property subtype Land
Zoning PD

Site & Location

Traffic Count 24,672 vehicles/day
Road Access Yes

Building Details

Stories 1
Listing Agency: Lakeshore Commercial Real Estate
Listed By: Jason DeWitt · License #6501331667
Source: Carwm.resimplifi
Added: Apr 24 Changed: Oct 10 Last Checked: Oct 23 at 3:22AM

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 Lakeshore Commercial Real Estate

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Investment Insights

Based on property information with market context.

3425 W. Saginaw Street offers a self-storage development opportunity with approved plans for up to 94,580 SF and 76,143 NRSF on 5.05 acres. The proposed layout is 100% single-story product.

The property has 648 feet of frontage along Saginaw Street and is reported to carry 24,672 vehicles per day. It is located 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 area’s 3-mile radius includes a population of 63,144, with approximately 41% of households identified as renters, and an average household income of $85,113.

Key Highlights

  • Permitted plans for a 100% single‑story self‑storage facility on 5.05 acres
  • Plans call for 94,580 GSF and 76,143 NRSF storage space
  • 648 feet of frontage along W. Saginaw Street with traffic of 24,672 vehicles per day

Property Analytics

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Current Use

FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Pharmacy Walgreens Cosmetic Store Walgreens Pharmacy Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office Real Estate Agency Kitchen & Bath Showroom Building Supply Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

24,672 VPD
Traffic count
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

454
Businesses Nearby

Demographics for 48917, MI

32,679
Population
15,975
Households
2
Avg Household Size
41
Median Age
40%
College-Educated
94%
High-School Grad
24.0 sq mi
ZIP Area
1,362
Density / Sq Mi
$73,259
Median Household Income
$47,739
Median Earnings
$1,085
Median Rent
$211,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Self storage facility - Permitted plans call for a 100% single-story self-storage facility with 648 feet of frontage along Saginaw Street.
Where is this self storage facility located?
The property is located at 3425 W Saginaw St Lansing, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Permitted plans for a 100% single‑story self‑storage facility on 5.05 acres; Plans call for 94,580 GSF and 76,143 NRSF storage space; 648 feet of frontage along W. Saginaw Street with traffic of 24,672 vehicles per day
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