Melrose, MN self-storage market

Population 3,671. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 3,671: in the 2,000 to 20,000 scope
+15Income $60k: $50k to $65k, ok
0Population +0.7% since 2015-2019: flat (within 2%), ok
+5Renters 26.3%: 20% to 30%, ok
010 storage facilities within 10 mi (0 chain): 7 to 10, ok
-15Supply 12.6 sq ft per person (125,505 sq ft / market population 9,934, 50% of facilities sized): over 10 sq ft, penalty
0Score 5 is under the pass mark 15
5Total, out of 100
Storage sq ft per person, 10 miles
12.6
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. 50% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,671
Residents of the Census place, ACS 5-year 2020 to 2024. 9,934 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$59,677
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
26.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
10
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 Melrose
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Melrose

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
MKI Storage UnitsMelrose, MNIndependent0MembersMembersMembersMembers
MKI Storage UnitsMelrose, MNIndependent1MembersMembersMembersMembers
MKI Storage UnitsMelrose, MNIndependent0MembersMembersMembersMembers
Melrose Blue Door StorageMelrose, MNIndependent5MembersMembersMembersMembers
Melrose Storage CenterMelrose, MNIndependent9MembersMembersMembersMembers

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
Sauk Centre MN8 mi18 / 100Pass
Albany MN13 mi51 / 100Pass
Long Prairie MN21 mi63 / 100Pass
Paynesville MN21 mi53 / 100Pass
Cold Spring MN24 mi36 / 100Pass
St. Joseph MN26 mi30 / 100Pass

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

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