Fellsmere, FL self-storage market
Population 4,953. Fails the self-storage screen with 4 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
4 / 100FailFails the screen
0Population 4,953: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
-15Population -11.9% since 2015-2019: shrinking 5%+, penalty
+5Renters 26%: 20% to 30%, ok
-1011 storage facilities within 10 mi (3 chain): 11+, penalty
-63 chain or REIT facilities within 10 mi
+15Supply 5.7 sq ft per person (285,545 sq ft / market population 50,279, 82% of facilities sized): under 7 sq ft, best
0Map point moved 3.4 mi from the Census internal point to the population center (the Google search was centered there: nearby facilities come from neighbor searches)
0Score 4 is under the pass mark 15
4Total, out of 100
Storage sq ft per person, 10 miles
5.7
Estimated building sq ft of every facility within 10 miles, divided by everyone living within 10 miles. Under 7 is undersupplied; over 10 is crowded. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,953
Residents of the Census place, ACS 5-year 2020 to 2024. 50,279 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$55,893
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-11.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
26.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
11
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 3 of them are chains or REITs.
Facilities whose nearest town is Fellsmere
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Fellsmere
No facility lists Fellsmere as its nearest scored town.
Nearby towns
| Town | Distance | Town scorehigher = better market to buy in |
|---|---|---|
| Vero Lake Estates FL | 4 mi | 15 / 100Pass |
| Roseland FL | 8 mi | 29 / 100Pass |
| Micco FL | 9 mi | 0 / 100Fail |
| Winter Beach FL | 11 mi | 35 / 100Pass |
| West Vero Corridor FL | 12 mi | 30 / 100Pass |
| Grant-Valkaria FL | 12 mi | 35 / 100Pass |
Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check
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