Caro, MI self-storage market

Population 4,290. Fails the self-storage screen with 1 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
1 / 100Fail

Fails the screen

0Population 4,290: in the 2,000 to 20,000 scope
0Income $42k: under $45k, hard fail
+8Population +5.8% since 2015-2019: growing 2% to 10%, good
+8Renters 36%: 30% to 40%, good
07 storage facilities within 10 mi (0 chain): 7 to 10, ok
-15Supply 15.9 sq ft per person (82,233 sq ft / market population 5,173, 71% of facilities sized): over 10 sq ft, penalty
1Total, out of 100
Storage sq ft per person, 10 miles
15.9
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. 71% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,290
Residents of the Census place, ACS 5-year 2020 to 2024. 5,173 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$41,595
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+5.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
36.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
7
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 Caro
7
7 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Caro

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Caro Grand StorageCaro, MIIndependent0MembersMembersMembersMembers
Caro Mini StorageCaro, MIIndependent23MembersMembersMembersMembers
Clint's Storage LLCCaro, MIIndependent2MembersMembersMembersMembers
M46 Storage, LLCCaro, MIIndependent7MembersMembersMembersMembers
Majestic Mini StorageCaro, MIIndependent1MembersMembersMembersMembers
Sheardy's A - 1 StorageCaro, MIIndependent1MembersMembersMembersMembers
Woodyzzz StorageCaro, MIIndependent22MembersMembersMembersMembers

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

Showing 7 of 7 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
Vassar MI12 mi-9 / 100Fail
Cass MI14 mi20 / 100Pass
Frankenmuth MI20 mi-5 / 100Fail
Essexville MI24 mi30 / 100Pass
Bridgeport MI25 mi24 / 100Pass
Buena Vista MI26 mi-29 / 100Fail

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

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