Otsego, MI self-storage market

Population 4,074. Fails the self-storage screen with -2 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-2 / 100Fail

Fails the screen

0Population 4,074: in the 2,000 to 20,000 scope
+25Income $74k: $70k+, best
+8Population +2.2% since 2015-2019: growing 2% to 10%, good
+5Renters 27%: 20% to 30%, ok
-1022 storage facilities within 10 mi (0 chain): 11+, penalty
-30Supply 19.1 sq ft per person (258,865 sq ft / market population 13,588, 82% of facilities sized): 17.5+ sq ft, hard fail
-2Total, out of 100
Storage sq ft per person, 10 miles
19.1
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,074
Residents of the Census place, ACS 5-year 2020 to 2024. 13,588 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$74,156
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
27.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
22
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 Otsego
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Otsego

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
All Seasons Self StorageOtsego, MIIndependent13MembersMembersMembersMembers
Boxer StorageOtsego, MIIndependent39MembersMembersMembersMembers
Kal Haven StorageOtsego, MIIndependent21MembersMembersMembersMembers
Otsego Mini StorageOtsego, MIIndependent22MembersMembersMembersMembers
Total Storage SolutionsOtsego, MIIndependent2MembersMembersMembersMembers

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
Plainwell MI3 mi23 / 100Pass
Allegan MI9 mi16 / 100Pass
Westwood MI11 mi12 / 100Fail
Parchment MI11 mi38 / 100Pass
Comstock Northwest MI13 mi15 / 100Pass
Eastwood MI13 mi33 / 100Pass

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

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