Beechwood, MI self-storage market

Population 2,776. Fails the self-storage screen with -26 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-26 / 100Fail

Fails the screen

0Population 2,776: in the 2,000 to 20,000 scope
+25Income $71k: $70k+, best
-15Population -10.7% since 2015-2019: shrinking 5%+, penalty
+10Renters 41.1%: 40%+, best
-1020 storage facilities within 10 mi (3 chain): 11+, penalty
-63 chain or REIT facilities within 10 mi
-30Supply 17.7 sq ft per person (760,213 sq ft / market population 42,864, 90% of facilities sized): 17.5+ sq ft, hard fail
-26Total, out of 100
Storage sq ft per person, 10 miles
17.7
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. 90% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,776
Residents of the Census place, ACS 5-year 2020 to 2024. 42,864 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$71,275
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-10.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
41.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
20
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 Beechwood
13
11 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Beechwood

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
ConStar StorageBeechwood, MIIndependent26MembersMembersMembersMembers
Devon Self Storage Holland, MichiganBeechwood, MIChain or REIT548MembersMembersMembersMembers
Devon Self Storage Holland, MichiganBeechwood, MIChain or REIT424MembersMembersMembersMembers
Holland Self StorageBeechwood, MIIndependent29MembersMembersMembersMembers
James Street Self StorageBeechwood, MIIndependent86MembersMembersMembersMembers
Lake Macatawa StorageBeechwood, MIIndependent38MembersMembersMembersMembers
M40 Self StorageBeechwood, MIIndependent16MembersMembersMembersMembers
Ottawa Self Storage LLCBeechwood, MIIndependent8MembersMembersMembersMembers
Secure & Go StorageBeechwood, MIIndependent70MembersMembersMembersMembers
Secure Storage HollandBeechwood, MIIndependent13MembersMembersMembersMembers
South holland MichiganBeechwood, MIIndependent73MembersMembersMembersMembers
Tulip City Self StorageBeechwood, MIIndependent18MembersMembersMembersMembers
Village Self StorageBeechwood, MIIndependent39MembersMembersMembersMembers

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

Showing 13 of 13 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
Zeeland MI6 mi-8 / 100Fail
Hudsonville MI14 mi28 / 100Pass
Jenison MI17 mi20 / 100Pass
Grand Haven MI18 mi-2 / 100Fail
Spring Lake MI19 mi8 / 100Fail
Grandville MI20 mi36 / 100Pass

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

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