Mentor-on-the-Lake, OH self-storage market

Population 7,111. Passes the self-storage screen with 15 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
15 / 100Pass

Passes the screen

0Population 7,111: in the 2,000 to 20,000 scope
+20Income $67k: $65k to $70k, good
-8Population -3.8% since 2015-2019: shrinking 2% to 5%, penalty
+8Renters 38.1%: 30% to 40%, good
-1028 storage facilities within 10 mi (15 chain): 11+, penalty
-1015 chain or REIT facilities within 10 mi
+15Supply 5.7 sq ft per person (941,432 sq ft / market population 165,808, 89% of facilities sized): under 7 sq ft, best
15Total, out of 100
Storage sq ft per person, 10 miles
5.7
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. 89% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,111
Residents of the Census place, ACS 5-year 2020 to 2024. 165,808 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$67,188
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-3.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
38.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
28
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 15 of them are chains or REITs.
Facilities whose nearest town is Mentor-on-the-Lake
6
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Mentor-on-the-Lake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageMentor-on-the-Lake, OHChain or REIT399MembersMembersMembersMembers
Liberty Self StorMentor-on-the-Lake, OHIndependent0MembersMembersMembersMembers
Plains Road Mini StorageMentor-on-the-Lake, OHIndependent15MembersMembersMembersMembers
Public StorageMentor-on-the-Lake, OHChain or REIT249MembersMembersMembersMembers
Storage Sense - MentorMentor-on-the-Lake, OHChain or REIT167MembersMembersMembersMembers
Tin Man StorageMentor-on-the-Lake, OHIndependent11MembersMembersMembersMembers

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

Showing 6 of 6 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
Fairport Harbor OH5 mi10 / 100Fail
Eastlake OH5 mi7 / 100Fail
Willowick OH8 mi25 / 100Pass
Kirtland OH8 mi20 / 100Pass
Wickliffe OH9 mi25 / 100Pass
Willoughby Hills OH10 mi33 / 100Pass

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

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