Southwest Ranches, FL self-storage market

Population 7,656. Fails the self-storage screen with 12 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
12 / 100Fail

Fails the screen

0Population 7,656: in the 2,000 to 20,000 scope
+25Income $161k: $70k+, best
-8Population -3.3% since 2015-2019: shrinking 2% to 5%, penalty
0Renters 4.2%: under 20%, low
-1011 storage facilities within 10 mi (10 chain): 11+, penalty
-1010 chain or REIT facilities within 10 mi
+15Supply 0.8 sq ft per person (560,650 sq ft / market population 684,292): under 7 sq ft, best
0Score 12 is under the pass mark 15
12Total, out of 100
Storage sq ft per person, 10 miles
0.8
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,656
Residents of the Census place, ACS 5-year 2020 to 2024. 684,292 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$161,051
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-3.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
4.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
11
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 10 of them are chains or REITs.
Facilities whose nearest town is Southwest Ranches
2
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Southwest Ranches

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Extra Space StorageSouthwest Ranches, FLChain or REIT1,229MembersMembersMembersMembers
Public StorageSouthwest Ranches, FLChain or REIT590MembersMembersMembersMembers

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
Palm Springs North FL8 mi12 / 100Fail
Broadview Park FL11 mi13 / 100Fail
Opa-locka FL13 mi5 / 100Fail
Pembroke Park FL13 mi12 / 100Fail
West Park FL13 mi23 / 100Pass
Washington Park FL13 mi30 / 100Pass

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

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