Chelsea, MI self-storage market

Population 5,426. Fails the self-storage screen with 3 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
3 / 100Fail

Fails the screen

0Population 5,426: in the 2,000 to 20,000 scope
+25Income $72k: $70k+, best
0Population +1.8% since 2015-2019: flat (within 2%), ok
+8Renters 37%: 30% to 40%, good
09 storage facilities within 10 mi (0 chain): 7 to 10, ok
-30Supply 19.7 sq ft per person (195,611 sq ft / market population 9,947, 56% of facilities sized): 17.5+ sq ft, hard fail
3Total, out of 100
Storage sq ft per person, 10 miles
19.7
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. 56% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,426
Residents of the Census place, ACS 5-year 2020 to 2024. 9,947 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$72,098
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+1.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
37.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
9
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 Chelsea
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Chelsea

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Chelsea Self StorageChelsea, MIIndependent32MembersMembersMembersMembers
Clear Lake StorageChelsea, MIIndependent3MembersMembersMembersMembers
Dexter Self StorageChelsea, MIIndependent25MembersMembersMembersMembers
North Lake StorageChelsea, MIIndependent5MembersMembersMembersMembers
Power Tower Self StorageChelsea, MIIndependent16MembersMembersMembersMembers

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

Showing 5 of 5 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
Dexter MI7 mi17 / 100Pass
Manchester MI11 mi10 / 100Fail
Whitmore Lake MI16 mi10 / 100Fail
Saline MI16 mi20 / 100Pass
Michigan Center MI17 mi-12 / 100Fail
Clinton MI17 mi-30 / 100Fail

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

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