Romeo, MI self-storage market
Population 3,578. Fails the self-storage screen with -32 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-32 / 100FailFails the screen
0Population 3,578: in the 2,000 to 20,000 scope
+25Income $74k: $70k+, best
-15Population -6.7% since 2015-2019: shrinking 5%+, penalty
+8Renters 34.3%: 30% to 40%, good
-1013 storage facilities within 10 mi (6 chain): 11+, penalty
-106 chain or REIT facilities within 10 mi
-30Supply 28.3 sq ft per person (248,227 sq ft / market population 8,756, 62% of facilities sized): 17.5+ sq ft, hard fail
-32Total, out of 100
Storage sq ft per person, 10 miles
28.3
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. 62% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,578
Residents of the Census place, ACS 5-year 2020 to 2024. 8,756 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$74,323
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-6.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
34.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
13
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 6 of them are chains or REITs.
Facilities whose nearest town is Romeo
4
3 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Romeo
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| Brookside Storage | Romeo, MI | Independent | 173 | Members | Members | Members | Members |
| North Macomb Mini Storage | Romeo, MI | Independent | 21 | Members | Members | Members | Members |
| Prestige Storage - Washington | Romeo, MI | Independent | 51 | Members | Members | Members | Members |
| Self-Storage at U-Haul | Romeo, MI | Chain or REIT | 3 | Members | Members | Members | Members |
Lead score runs 0 to 100, higher = better lead. Lead Weak Fail
Showing 4 of 4 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.
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