Medical Lake, WA self-storage market

Population 4,950. Fails the self-storage screen with 6 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
6 / 100Fail

Fails the screen

0Population 4,950: in the 2,000 to 20,000 scope
+25Income $80k: $70k+, best
0Population +0.2% since 2015-2019: flat (within 2%), ok
+8Renters 33.9%: 30% to 40%, good
-1020 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
-15Supply 16.1 sq ft per person (518,885 sq ft / market population 32,252, 75% of facilities sized): over 10 sq ft, penalty
0Score 6 is under the pass mark 15
6Total, out of 100
Storage sq ft per person, 10 miles
16.1
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,950
Residents of the Census place, ACS 5-year 2020 to 2024. 32,252 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$79,989
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
33.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
20
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Medical Lake
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Medical Lake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Express Storage-Monark Self StorageMedical Lake, WAIndependent68MembersMembersMembersMembers
Stanley Self StorageMedical Lake, WAIndependent24MembersMembersMembersMembers

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

Showing 2 of 2 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
Fairchild AFB WA5 mi-29 / 100Fail
Airway Heights WA7 mi37 / 100Pass
Cheney WA7 mi18 / 100Pass
Town and Country WA16 mi17 / 100Pass
Country Homes WA18 mi25 / 100Pass
Suncrest WA18 mi40 / 100Pass

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

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