Gates Mills, OH self-storage market

Population 2,207. Passes the self-storage screen with 20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
20 / 100Pass

Passes the screen

0Population 2,207: in the 2,000 to 20,000 scope
+25Income $231k: $70k+, best
0Population +0.8% since 2015-2019: flat (within 2%), ok
0Renters 3.3%: under 20%, low
-1043 storage facilities within 10 mi (24 chain): 11+, penalty
-1024 chain or REIT facilities within 10 mi
+15Supply 3.7 sq ft per person (1,421,613 sq ft / market population 388,196, 91% of facilities sized): under 7 sq ft, best
20Total, out of 100
Storage sq ft per person, 10 miles
3.7
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. 91% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,207
Residents of the Census place, ACS 5-year 2020 to 2024. 388,196 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$231,250
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
3.3%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
43
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 24 of them are chains or REITs.
Facilities whose nearest town is Gates Mills
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Gates Mills

No facility lists Gates Mills as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Mayfield OH2 mi20 / 100Pass
Chesterland OH3 mi35 / 100Pass
Highland Heights OH3 mi28 / 100Pass
Willoughby Hills OH4 mi33 / 100Pass
Pepper Pike OH4 mi28 / 100Pass
Lyndhurst OH4 mi25 / 100Pass

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

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