Shelby, MI self-storage market

Population 2,577. Passes the self-storage screen with 21 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
21 / 100Pass

Passes the screen

0Population 2,577: in the 2,000 to 20,000 scope
+5Income $50k: $45k to $50k, weak
+8Population +6.2% since 2015-2019: growing 2% to 10%, good
+8Renters 35.2%: 30% to 40%, good
-1012 storage facilities within 10 mi (0 chain): 11+, penalty
+10Supply 8.1 sq ft per person (44,257 sq ft / market population 5,494, 50% of facilities sized): 7 to 8.5 sq ft, good
21Total, out of 100
Storage sq ft per person, 10 miles
8.1
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. 50% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,577
Residents of the Census place, ACS 5-year 2020 to 2024. 5,494 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$49,855
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+6.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
35.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
12
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 Shelby
11
11 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Shelby

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Affordable Storage of ShelbyShelby, MIIndependent0MembersMembersMembersMembers
American Storage USA ShelbyShelby, MIIndependent8MembersMembersMembersMembers
Benona Self StorageShelby, MIIndependent1MembersMembersMembersMembers
Bradyville Farm RV & Boat StorageShelby, MIIndependent2MembersMembersMembersMembers
Deer road storage plusShelby, MIIndependent5MembersMembersMembersMembers
Garth's Mini StorageShelby, MIIndependent0MembersMembersMembersMembers
Michigan Self StorageShelby, MIIndependent0MembersMembersMembersMembers
Polk Road StorageShelby, MIIndependent7MembersMembersMembersMembers
Shelby Road Self StorageShelby, MIIndependent9MembersMembersMembersMembers
Silver Dunes Self StorageShelby, MIIndependent5MembersMembersMembersMembers
Silver Lake Mini Storage, LLCShelby, MIIndependent0MembersMembersMembersMembers

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

Showing 11 of 11 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
Montague MI14 mi2 / 100Fail
Whitehall MI15 mi-5 / 100Fail
Twin Lake MI19 mi0 / 100Fail
Fremont MI23 mi-5 / 100Fail
Ludington MI24 mi-33 / 100Fail
North Muskegon MI25 mi38 / 100Pass

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

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