Allen Park, MI
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Self Storage Development site located on 2.84 acres in Allen Park, MI. The property has excellent visibility and 176 feet of frontage along Allen Road with over 11,500 vehicles per day. The population is 116,255 with an AHHI of $76,412 and approximately 26% of households are renters within a 3-mile radius. The trade area is significantly underserved at 4.9 SF/capita. The competitive set primarily lacks modern, Class A facilities, with an average facility age of 29 years. This presents developers with a rare opportunity to deliver a best-in-class facility in a submarket with strong demographic drivers and attractive supply fundamentals.
