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Vacationland Storage
100 Tyler Street, Huron, Ohio 44839
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Property Info
Price: $2,500,000
Units: 248
Year Built: 1990
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Download Marketing Package
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Broker Contact Info
Gabriel Coe
614.360.9041
Gabriel.Coe@marcusmillichap.com
Opportunity
The Market
Investment
Map
Northern Ohio Self Storage Offering with Upside
POPULATION
In 2024, the population in your selected geography is 13,151. The population has changed by -2.45 percent since 2010. It is estimated that the population in your area will be 13,172 five years from now, which represents a change of 0.2 percent from the current year. The current population is 51.3 percent male and 48.7 percent female. The median age of the population in your area is 49.0, compared with the U.S. average, which is 39.0. The population density in your area is 167 people per square mile.
HOUSEHOLDS
There are currently 6,012 households in your selected geography. The number of households has changed by 4.68 percent since 2010. It is estimated that the number of households in your area will be 6,067 five years from now, which represents a change of 0.9 percent from the current year. The average household size in your area is 2.2 people.
INCOME
In 2024, the median household income for your selected geography is $75,331, compared with the U.S. average, which is currently $76,141.The median household income for your area has changed by 33.42 percent since 2010. It is estimated that the median household income in your area will be $87,067 five years from now, which represents a change of 15.6 percent from the current year.
The current year per capita income in your area is $42,269, compared with the U.S. average, which is $40,471. The current year’s average household income in your area is $94,278, compared with the U.S. average, which is $101,307.
EMPLOYMENT
In 2024, 6,519 people in your selected area were employed. The 2010 Census revealed that 64.4 percent of employees are in white-collar occupations in this geography, and 17.3 percent are in blue-collar occupations. In 2024, unemployment in this area was 3.0 percent. In 2010, the average time traveled to work was 21.00 minutes.
HOUSING
The median housing value in your area was $257,436 in 2024, compared with the U.S. median of $321,016. In 2010, there were 4,435.00 owner-occupied housing units and 1,307.00 renter- occupied housing units in your area.
EDUCATION
The selected area in 2024 had a lower level of educational attainment when compared with the U.S averages. 33.8 percent of the selected area’s residents had earned a graduate degree compared with the national average of only 13.5 percent, and 8.1 percent completed a bachelor’s degree, compared with the national average of 21.1 percent.
The number of area residents with an associate degree was higher than the nation’s at 16.1 percent vs. 8.8 percent, respectively.
The area had fewer high-school graduates, 1.0 percent vs. 26.2 percent for the nation, but the percentage of residents who completed some college is higher than the average for the nation, at 34.0 percent in the selected area compared with the 19.7 percent in the U.S.
• Northern Ohio Self Storage Offering with Upside
• Located in the Town of Huron, Ohio | About 45 Miles West of Downtown Cleveland and 55 Miles Southeast of Toledo
• 31,685 Net Rentable Square Feet
• 234 Non-Climate Controlled Units & 14 Outdoor Parking Spaces
• Significant Management Upside
• Low Competition: Only Three Other Self Storage Facilities Located Within Five Miles
• Nearby Development Includes 93 Beachfront Condos Across the Street and Another 270 Homes in Huron
• Located Near Several Small Multifamily Properties
• Strong Tourist Destination with Many Second Home Residences
• Huron is Part of the Sandusky Micropolitan Area, which is Included in the Larger Cleveland–Akron–Canton Combined Statistical Area
• The Lake Erie Shores & Islands Region, Including Huron, Welcomed an Estimated 13 Million Visitors in 2023, Generating Approximately $3.1 Billion in Tourism-Related Spending