Lakemore, OH self-storage market

Population 2,914. 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 2,914: in the 2,000 to 20,000 scope
+15Income $60k: $50k to $65k, ok
-15Population -5.2% since 2015-2019: shrinking 5%+, penalty
0Renters 15.7%: under 20%, low
-1047 storage facilities within 10 mi (10 chain): 11+, penalty
-1010 chain or REIT facilities within 10 mi
+15Supply 4.5 sq ft per person (1,559,955 sq ft / market population 342,923, 87% of facilities sized): under 7 sq ft, best
0Score -5 is under the pass mark 15
-5Total, out of 100
Storage sq ft per person, 10 miles
4.5
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. 87% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,914
Residents of the Census place, ACS 5-year 2020 to 2024. 342,923 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$59,758
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-5.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
15.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
47
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 10 of them are chains or REITs.
Facilities whose nearest town is Lakemore
7
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lakemore

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
CubeSmart Self StorageLakemore, OHChain or REIT91MembersMembersMembersMembers
Cypress Ellet Mini StorageLakemore, OHIndependent47MembersMembersMembersMembers
Park Place Equipment StorageLakemore, OHIndependent16MembersMembersMembersMembers
Storage Rentals of AmericaLakemore, OHChain or REIT377MembersMembersMembersMembers
Storage Rentals of AmericaLakemore, OHChain or REIT106MembersMembersMembersMembers
Suburban Safe StorageLakemore, OHIndependent13MembersMembersMembersMembers
Summit Self Storage - SpringfieldLakemore, OHIndependent48MembersMembersMembersMembers

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

Showing 7 of 7 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
Mogadore OH2 mi28 / 100Pass
Uniontown OH4 mi5 / 100Fail
Tallmadge OH6 mi28 / 100Pass
Portage Lakes OH6 mi3 / 100Fail
Hartville OH6 mi8 / 100Fail
Brimfield OH6 mi5 / 100Fail

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

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