South Monroe, MI self-storage market

Population 6,960. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Pass

Passes the screen

0Population 6,960: in the 2,000 to 20,000 scope
+15Income $62k: $50k to $65k, ok
+15Population +16.4% since 2015-2019: growing 10%+, best
+8Renters 30.4%: 30% to 40%, good
-1012 storage facilities within 10 mi (4 chain): 11+, penalty
-84 chain or REIT facilities within 10 mi
+15Supply 6.2 sq ft per person (243,336 sq ft / market population 39,434, 83% of facilities sized): under 7 sq ft, best
35Total, out of 100
Storage sq ft per person, 10 miles
6.2
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,960
Residents of the Census place, ACS 5-year 2020 to 2024. 39,434 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$61,982
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+16.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.4%
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. 4 of them are chains or REITs.
Facilities whose nearest town is South Monroe
5
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near South Monroe

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Luna Pier StorageSouth Monroe, MIIndependent14MembersMembersMembersMembers
Pirates Cove Storage Monroe (South)South Monroe, MIIndependent36MembersMembersMembersMembers
Pirates Cove Storage Monroe RV & Mobile Attic LotSouth Monroe, MIIndependent7MembersMembersMembersMembers
Sherlock StorageSouth Monroe, MIIndependent16MembersMembersMembersMembers
Storage Rentals of AmericaSouth Monroe, MIChain or REIT168MembersMembersMembersMembers

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
West Monroe MI2 mi-13 / 100Fail
Detroit Beach MI5 mi37 / 100Pass
Carleton MI11 mi28 / 100Pass
Temperance MI12 mi33 / 100Pass
Dundee MI14 mi51 / 100Pass
Lambertville MI15 mi28 / 100Pass

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

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