Luverne, AL self-storage market

Population 2,694. Fails the self-storage screen with 27 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
27 / 100Fail

Fails the screen

0Population 2,694: in the 2,000 to 20,000 scope
0Income $43k: under $45k, hard fail
-8Population -2.7% since 2015-2019: shrinking 2% to 5%, penalty
+10Renters 46.6%: 40%+, best
+102 storage facilities within 10 mi (0 chain): 0 to 3, best
+15Supply 4.1 sq ft per person (17,664 sq ft / market population 4,320, 50% of facilities sized): under 7 sq ft, best
27Total, out of 100
Storage sq ft per person, 10 miles
4.1
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. 50% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,694
Residents of the Census place, ACS 5-year 2020 to 2024. 4,320 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$43,269
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
46.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
2
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Luverne
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Luverne

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Circle P StorageLuverne, ALIndependent6MembersMembersMembersMembers
Iron StorageLuverne, ALIndependent39MembersMembersMembersMembers

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
Troy AL19 mi13 / 100Fail
Greenville AL22 mi20 / 100Fail
Elba AL24 mi15 / 100Fail
Brundidge AL26 mi-14 / 100Fail
Opp AL30 mi38 / 100Fail
Andalusia AL31 mi23 / 100Fail

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

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