Alma, MI self-storage market

Population 9,396. Fails the self-storage screen with 6 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
6 / 100Fail

Fails the screen

0Population 9,396: in the 2,000 to 20,000 scope
+15Income $53k: $50k to $65k, ok
+8Population +4.7% since 2015-2019: growing 2% to 10%, good
+8Renters 34.1%: 30% to 40%, good
-1016 storage facilities within 10 mi (0 chain): 11+, penalty
-15Supply 10.4 sq ft per person (224,454 sq ft / market population 21,541, 88% of facilities sized): over 10 sq ft, penalty
0Score 6 is under the pass mark 15
6Total, out of 100
Storage sq ft per person, 10 miles
10.4
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,396
Residents of the Census place, ACS 5-year 2020 to 2024. 21,541 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$53,307
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+4.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
34.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
16
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Alma
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Alma

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Alma Ace Indoor Climate Control StorageAlma, MIIndependent2MembersMembersMembersMembers
Freedom Self Storage Alma MiAlma, MIIndependent18MembersMembersMembersMembers
Mitten Mini StorageAlma, MIIndependent3MembersMembersMembersMembers
Simply Safe StorageAlma, MIIndependent29MembersMembersMembersMembers

Lead score runs 0 to 100, higher = better lead. Lead Weak Fail

Showing 4 of 4 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
St. Louis MI3 mi16 / 100Pass
Ithaca MI7 mi5 / 100Fail
Lake Isabella MI25 mi40 / 100Pass
St. Johns MI27 mi15 / 100Pass
Freeland MI29 mi6 / 100Fail
Shields MI29 mi21 / 100Pass

Town score runs 0 to 100, higher = better market to buy in. Pass Fail Check

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