StorTrack’s featured market this month is Davis, CA. Davis is a college town known for its eco-friendly initiatives and strong community focus. Located near Sacramento, it serves a diverse population, including students from UC Davis, local residents, and nearby agricultural communities.
How is Davis as a self-storage market and is it a good place to consider investing in? We’ve used StorTrack’s Explorer platform to look at some metrics to analyze its potential as a self-storage investment.
Self Storage Market Metrics for Davis, CA
Current Supply:
- There is a supply of 6.56 square feet per capita in this market. For comparison, California’s square feet per capita is 7.42
- Out of the 7 self-storage facilities currently operating in Davis, one is a REIT, four are mid-size operators and two small operators
- There are no new planned development projects in this market, though there are 315 active projects across the state
Rate Trends:
- Rates in Davis have trended upward in the last 12 months
- The average rate per sq ft for standard, non-climate-controlled units is currently $1.67
Is this a good market for you to invest in?
To understand Davis’s potential as a self-storage market, view this complimentary report, giving you useful market statistics and metrics.
Additional metrics available with report purchase.
Explorer is StorTrack’s market analysis platform for self-storage operators, investors and developers.
Explorer is available for the evaluation of any primary, secondary and tertiary market in the US, Canada and the UK.
To purchase a full market report for this or any other market, please visit www.StoTrack.com/products/explorer
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