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Albert Lea, MN self-storage market

Population 18,330. Fails the self-storage screen with 1 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
1 / 100Fail

Fails the screen

0Population 18,330: in the 2,000 to 20,000 scope
+15Income $65k: $50k to $65k, ok
+8Population +3.1% since 2015-2019: growing 2% to 10%, good
+5Renters 25.9%: 20% to 30%, ok
-1015 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
-15Supply 10.3 sq ft per person (206,102 sq ft / market population 20,058, 73% of facilities sized): over 10 sq ft, penalty
0Score 1 is under the pass mark 15
1Total, out of 100
Storage sq ft per person, 10 miles
10.3
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. 73% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
18,330
Residents of the Census place, ACS 5-year 2020 to 2024. 20,058 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$64,603
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
25.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
15
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Albert Lea
14
13 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Albert Lea

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
A & B StorageAlbert Lea, MNIndependent1MembersMembersMembersMembers
Chuck & Andy's Big UnitsAlbert Lea, MNIndependent25MembersMembersMembersMembers
Chuck & Andy's Big UnitsAlbert Lea, MNIndependent8MembersMembersMembersMembers
Cove StorageAlbert Lea, MNIndependent3MembersMembersMembersMembers
Hayward Storage MNAlbert Lea, MNIndependent7MembersMembersMembersMembers
Midwest Indoor Storage - Albert LeaAlbert Lea, MNIndependent82MembersMembersMembersMembers
R & R Mini-StorageAlbert Lea, MNIndependent5MembersMembersMembersMembers
Safeguard Storage Solutions, LLCAlbert Lea, MNIndependent2MembersMembersMembersMembers
Storage Rentals of AmericaAlbert Lea, MNChain or REIT63MembersMembersMembersMembers
Stow & Go Self StorageAlbert Lea, MNIndependent11MembersMembersMembersMembers
Stow & Go Self StorageAlbert Lea, MNIndependent5MembersMembersMembersMembers
Stow & Go Self StorageAlbert Lea, MNIndependent6MembersMembersMembersMembers
Stow & Go Self StorageAlbert Lea, MNIndependent7MembersMembersMembersMembers
TruVault Secured StorageAlbert Lea, MNIndependent0MembersMembersMembersMembers

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

Showing 14 of 14 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
Northwood IA16 mi10 / 100Fail
Lake Mills IA18 mi48 / 100Pass
Wells MN19 mi45 / 100Pass
Waseca MN30 mi11 / 100Fail
Forest IA31 mi36 / 100Check
Clear Lake IA36 mi33 / 100Pass

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

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