Lake Fenton, MI self-storage market

Population 6,417. Fails the self-storage screen with -10 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-10 / 100Fail

Fails the screen

0Population 6,417: in the 2,000 to 20,000 scope
+25Income $116k: $70k+, best
+15Population +21.4% since 2015-2019: growing 10%+, best
0Renters 12.6%: under 20%, low
-1035 storage facilities within 10 mi (12 chain): 11+, penalty
-1012 chain or REIT facilities within 10 mi
-30Supply 21.9 sq ft per person (973,955 sq ft / market population 44,477, 77% of facilities sized): 17.5+ sq ft, hard fail
-10Total, out of 100
Storage sq ft per person, 10 miles
21.9
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,417
Residents of the Census place, ACS 5-year 2020 to 2024. 44,477 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$116,352
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+21.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
12.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
35
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 12 of them are chains or REITs.
Facilities whose nearest town is Lake Fenton
3
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Fenton

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
National StorageLake Fenton, MIIndependent68MembersMembersMembersMembers
Smart StorageLake Fenton, MIIndependent139MembersMembersMembersMembers
SpareBox StorageLake Fenton, MIChain or REIT124MembersMembersMembersMembers

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

Showing 3 of 3 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
Fenton MI3 mi-9 / 100Fail
Linden MI4 mi-17 / 100Fail
Holly MI5 mi-38 / 100Fail
Argentine MI7 mi-23 / 100Fail
Grand Blanc MI8 mi25 / 100Pass
Swartz Creek MI10 mi26 / 100Pass

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

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