Lower Grand Lagoon, FL self-storage market

Population 4,287. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 4,287: in the 2,000 to 20,000 scope
+25Income $74k: $70k+, best
-15Population -6.5% since 2015-2019: shrinking 5%+, penalty
+5Renters 29.6%: 20% to 30%, ok
-1034 storage facilities within 10 mi (12 chain): 11+, penalty
-1012 chain or REIT facilities within 10 mi
+10Supply 7.1 sq ft per person (819,847 sq ft / market population 115,444, 79% of facilities sized): 7 to 8.5 sq ft, good
0Score 5 is under the pass mark 15
5Total, out of 100
Storage sq ft per person, 10 miles
7.1
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. 79% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,287
Residents of the Census place, ACS 5-year 2020 to 2024. 115,444 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$74,044
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-6.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
29.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
34
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 12 of them are chains or REITs.
Facilities whose nearest town is Lower Grand Lagoon
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lower Grand Lagoon

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Lockhart Storage Centers - Panama City BeachLower Grand Lagoon, FLIndependent67MembersMembersMembersMembers
PCB StorageLower Grand Lagoon, FLIndependent5MembersMembersMembersMembers

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
Upper Grand Lagoon FL2 mi28 / 100Pass
Pretty Bayou FL5 mi5 / 100Fail
Cedar Grove FL8 mi36 / 100Pass
Panama City Beach FL8 mi40 / 100Pass
Springfield FL9 mi3 / 100Fail
Parker FL9 mi25 / 100Pass

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

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