Lake Sarasota, FL self-storage market

Population 3,595. Fails the self-storage screen with 10 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
10 / 100Fail

Fails the screen

0Population 3,595: in the 2,000 to 20,000 scope
+25Income $92k: $70k+, best
-15Population -24.3% since 2015-2019: shrinking 5%+, penalty
+5Renters 29%: 20% to 30%, ok
-1039 storage facilities within 10 mi (34 chain): 11+, penalty
-1034 chain or REIT facilities within 10 mi
+15Supply 2.7 sq ft per person (628,588 sq ft / market population 231,653, 77% of facilities sized): under 7 sq ft, best
0Score 10 is under the pass mark 15
10Total, out of 100
Storage sq ft per person, 10 miles
2.7
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. 77% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,595
Residents of the Census place, ACS 5-year 2020 to 2024. 231,653 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$92,429
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-24.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
29.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
39
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 34 of them are chains or REITs.
Facilities whose nearest town is Lake Sarasota
1
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake Sarasota

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageLake Sarasota, FLChain or REIT863MembersMembersMembersMembers

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

Showing 1 of 1 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
Bee Ridge FL3 mi28 / 100Pass
Sarasota Springs FL3 mi10 / 100Fail
Fruitville FL3 mi38 / 100Pass
South Gate Ridge FL4 mi13 / 100Fail
Ridge Wood Heights FL5 mi35 / 100Pass
Southgate FL5 mi10 / 100Fail

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

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