Sparta, MI self-storage market

Population 4,271. Fails the self-storage screen with -11 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-11 / 100Fail

Fails the screen

0Population 4,271: in the 2,000 to 20,000 scope
+15Income $61k: $50k to $65k, ok
0Population -1.9% since 2015-2019: flat (within 2%), ok
+5Renters 23.5%: 20% to 30%, ok
-1029 storage facilities within 10 mi (3 chain): 11+, penalty
-63 chain or REIT facilities within 10 mi
-15Supply 17 sq ft per person (708,114 sq ft / market population 41,584, 76% of facilities sized): over 10 sq ft, penalty
0Score -11 is under the pass mark 15
-11Total, out of 100
Storage sq ft per person, 10 miles
17.0
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. 76% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,271
Residents of the Census place, ACS 5-year 2020 to 2024. 41,584 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$60,728
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
23.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
29
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 3 of them are chains or REITs.
Facilities whose nearest town is Sparta
7
7 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Sparta

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
A & D Mini Storage - SpartaSparta, MIIndependent15MembersMembersMembersMembers
A-1 Self StorageSparta, MIIndependent8MembersMembersMembersMembers
Boxer StorageSparta, MIIndependent94MembersMembersMembersMembers
Kent City StorageSparta, MIIndependent3MembersMembersMembersMembers
Prestige Storage to Kent CitySparta, MIIndependent52MembersMembersMembersMembers
Sparta M-37 Self StorageSparta, MIIndependent61MembersMembersMembersMembers
Sparta Self StorageSparta, MIIndependent3MembersMembersMembersMembers

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

Showing 7 of 7 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
Rockford MI8 mi-16 / 100Fail
Comstock Park MI8 mi28 / 100Pass
Cedar Springs MI9 mi-15 / 100Fail
Northview MI10 mi25 / 100Pass
Coopersville MI13 mi43 / 100Pass
East Grand Rapids MI15 mi12 / 100Fail

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

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