Lake Orion, MI self-storage market

Population 2,863. 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 2,863: in the 2,000 to 20,000 scope
+25Income $101k: $70k+, best
-15Population -8.9% since 2015-2019: shrinking 5%+, penalty
+5Renters 27.4%: 20% to 30%, ok
-1020 storage facilities within 10 mi (9 chain): 11+, penalty
-109 chain or REIT facilities within 10 mi
+15Supply 4.3 sq ft per person (797,918 sq ft / market population 185,027, 95% of facilities sized): under 7 sq ft, best
0Score 10 is under the pass mark 15
10Total, out of 100
Storage sq ft per person, 10 miles
4.3
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. 95% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,863
Residents of the Census place, ACS 5-year 2020 to 2024. 185,027 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$101,318
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-8.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
27.4%
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. 9 of them are chains or REITs.
Facilities whose nearest town is Lake Orion
8
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Orion

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Clarkston Budget StorageLake Orion, MIIndependent65MembersMembersMembersMembers
Devon Self Storage Lake Orion, MichiganLake Orion, MIChain or REIT382MembersMembersMembersMembers
Orion StorageLake Orion, MIIndependent1MembersMembersMembersMembers
Prestige Storage - LeonardLake Orion, MIIndependent47MembersMembersMembersMembers
Public StorageLake Orion, MIChain or REIT265MembersMembersMembersMembers
SpareBox StorageLake Orion, MIChain or REIT44MembersMembersMembersMembers
Storage Rentals of AmericaLake Orion, MIChain or REIT361MembersMembersMembersMembers
Storage Sense - Orion Charter TownshipLake Orion, MIChain or REIT177MembersMembersMembersMembers

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

Showing 8 of 8 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
Oxford MI3 mi-20 / 100Fail
Rochester MI9 mi28 / 100Pass
Romeo MI12 mi-32 / 100Fail
Keego Harbor MI13 mi-2 / 100Fail
Almont MI14 mi-15 / 100Fail
Bloomfield Hills MI14 mi35 / 100Pass

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

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