Eastlake, OH self-storage market

Population 17,493. Fails the self-storage screen with 7 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
7 / 100Fail

Fails the screen

0Population 17,493: in the 2,000 to 20,000 scope
+15Income $62k: $50k to $65k, ok
-8Population -3.7% since 2015-2019: shrinking 2% to 5%, penalty
+5Renters 25.6%: 20% to 30%, ok
-1033 storage facilities within 10 mi (22 chain): 11+, penalty
-1022 chain or REIT facilities within 10 mi
+15Supply 3.9 sq ft per person (1,035,962 sq ft / market population 263,427, 88% of facilities sized): under 7 sq ft, best
0Score 7 is under the pass mark 15
7Total, out of 100
Storage sq ft per person, 10 miles
3.9
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
17,493
Residents of the Census place, ACS 5-year 2020 to 2024. 263,427 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$62,072
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-3.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
25.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
33
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 22 of them are chains or REITs.
Facilities whose nearest town is Eastlake
8
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Eastlake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageEastlake, OHChain or REIT667MembersMembersMembersMembers
Extra Space StorageEastlake, OHChain or REIT645MembersMembersMembersMembers
Extra Space StorageEastlake, OHChain or REIT589MembersMembersMembersMembers
Public StorageEastlake, OHChain or REIT278MembersMembersMembersMembers
Space Shop Self StorageEastlake, OHIndependent135MembersMembersMembersMembers
Storage King USAEastlake, OHChain or REIT142MembersMembersMembersMembers
Willo Self-StorEastlake, OHIndependent23MembersMembersMembersMembers
Willoughby Self StorageEastlake, OHIndependent9MembersMembersMembersMembers

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

Showing 8 of 8 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
Willowick OH3 mi25 / 100Pass
Wickliffe OH4 mi25 / 100Pass
Willoughby Hills OH5 mi33 / 100Pass
Mentor-on-the-Lake OH5 mi15 / 100Pass
Kirtland OH6 mi20 / 100Pass
Highland Heights OH8 mi28 / 100Pass

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

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