Maple Lake, MN self-storage market

Population 2,042. Fails the self-storage screen with -25 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-25 / 100Fail

Fails the screen

0Population 2,042: in the 2,000 to 20,000 scope
+25Income $94k: $70k+, best
-15Population -11.8% since 2015-2019: shrinking 5%+, penalty
0Renters 16%: under 20%, low
-1012 storage facilities within 10 mi (6 chain): 11+, penalty
-106 chain or REIT facilities within 10 mi
-15Supply 13.6 sq ft per person (301,241 sq ft / market population 22,107, 75% of facilities sized): over 10 sq ft, penalty
0Score -25 is under the pass mark 15
-25Total, out of 100
Storage sq ft per person, 10 miles
13.6
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,042
Residents of the Census place, ACS 5-year 2020 to 2024. 22,107 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$93,750
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-11.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
16.0%
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. 6 of them are chains or REITs.
Facilities whose nearest town is Maple Lake
3
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Maple Lake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Maple Lake Self StorageMaple Lake, MNIndependent9MembersMembersMembersMembers
Storage Rentals of AmericaMaple Lake, MNChain or REIT20MembersMembersMembersMembers
Storage Rentals of AmericaMaple Lake, MNChain or REIT53MembersMembersMembersMembers

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

Showing 3 of 3 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
Annandale MN6 mi-5 / 100Fail
Buffalo MN8 mi22 / 100Pass
Monticello MN12 mi35 / 100Pass
Waverly MN12 mi33 / 100Pass
Montrose MN12 mi28 / 100Pass
Becker MN13 mi7 / 100Fail

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

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