Lake Panasoffkee, FL self-storage market

Population 4,768. Fails the self-storage screen with 3 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
3 / 100Fail

Fails the screen

0Population 4,768: in the 2,000 to 20,000 scope
0Income $45k: under $45k, hard fail
+15Population +49.1% since 2015-2019: growing 10%+, best
+8Renters 33.8%: 30% to 40%, good
-1019 storage facilities within 10 mi (6 chain): 11+, penalty
-106 chain or REIT facilities within 10 mi
0Supply unknown: only 47% of the 19 nearby facilities have a size estimate, neutral, not a bonus
3Total, out of 100
Storage sq ft per person, 10 miles
Unknown
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.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,768
Residents of the Census place, ACS 5-year 2020 to 2024. 26,268 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$44,531
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+49.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
33.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
19
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 6 of them are chains or REITs.
Facilities whose nearest town is Lake Panasoffkee
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Panasoffkee

No facility lists Lake Panasoffkee as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Bushnell FL5 mi31 / 100Pass
Wildwood FL7 mi40 / 100Pass
Fruitland Park FL12 mi35 / 100Pass
Floral FL12 mi25 / 100Pass
Inverness Highlands South FL13 mi3 / 100Fail
Inverness FL14 mi-6 / 100Fail

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

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