South Lancaster, MA self-storage market

Population 2,177. Passes the self-storage screen with 40 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
40 / 100Pass

Passes the screen

0Population 2,177: in the 2,000 to 20,000 scope
+25Income $109k: $70k+, best
+15Population +33.6% since 2015-2019: growing 10%+, best
+5Renters 25.7%: 20% to 30%, ok
-1025 storage facilities within 10 mi (10 chain): 11+, penalty
-1010 chain or REIT facilities within 10 mi
+15Supply 3.7 sq ft per person (444,976 sq ft / market population 120,371, 64% of facilities sized): under 7 sq ft, best
40Total, out of 100
Storage sq ft per person, 10 miles
3.7
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. 64% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,177
Residents of the Census place, ACS 5-year 2020 to 2024. 120,371 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$109,173
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+33.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
25.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
25
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 South Lancaster
6
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near South Lancaster

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
190 Self StorageSouth Lancaster, MAIndependent14MembersMembersMembersMembers
ClosetboxSouth Lancaster, MAIndependent12MembersMembersMembersMembers
CubeSmart Self StorageSouth Lancaster, MAChain or REIT258MembersMembersMembersMembers
Sterling Storage SolutionsSouth Lancaster, MAIndependent67MembersMembersMembersMembers
Storage SenseSouth Lancaster, MAChain or REIT125MembersMembersMembersMembers
Tully StorageSouth Lancaster, MAIndependent17MembersMembersMembersMembers

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

Showing 6 of 6 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
Clinton MA1 mi38 / 100Pass
Hudson MA7 mi36 / 100Pass
Northborough MA9 mi20 / 100Pass
Ayer MA10 mi38 / 100Pass
Lunenburg MA11 mi37 / 100Pass
Maynard MA12 mi25 / 100Pass

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

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