Red Wing, MN self-storage market

Population 16,758. Fails the self-storage screen with 8 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
8 / 100Fail

Fails the screen

0Population 16,758: in the 2,000 to 20,000 scope
+20Income $67k: $65k to $70k, good
+8Population +2.6% since 2015-2019: growing 2% to 10%, good
+5Renters 27.8%: 20% to 30%, ok
-1012 storage facilities within 10 mi (0 chain): 11+, penalty
-15Supply 13.3 sq ft per person (232,242 sq ft / market population 17,520, 75% of facilities sized): over 10 sq ft, penalty
0Map point moved 3 mi from the Census internal point to the population center (the Google search was centered there: nearby facilities come from neighbor searches)
0Score 8 is under the pass mark 15
8Total, out of 100
Storage sq ft per person, 10 miles
13.3
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
16,758
Residents of the Census place, ACS 5-year 2020 to 2024. 17,520 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$67,192
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+2.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
27.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
12
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 0 of them are chains or REITs.
Facilities whose nearest town is Red Wing
11
11 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Red Wing

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Bay City Mini StorageRed Wing, MNIndependent0MembersMembersMembersMembers
Bench Street Self StorageRed Wing, MNIndependent6MembersMembersMembersMembers
Boat Farm LLC & Mini StorageRed Wing, MNIndependent9MembersMembersMembersMembers
Clay City Mini StorageRed Wing, MNIndependent16MembersMembersMembersMembers
KO StorageRed Wing, MNIndependent67MembersMembersMembersMembers
M.C. Storage | Hager City, WIRed Wing, MNIndependent11MembersMembersMembersMembers
New Frontier Self Storage - Hager CityRed Wing, MNIndependent55MembersMembersMembersMembers
New Frontier Self Storage - Red WingRed Wing, MNIndependent38MembersMembersMembersMembers
Red Wing Self StorageRed Wing, MNIndependent16MembersMembersMembersMembers
River Valley Self StorageRed Wing, MNIndependent0MembersMembersMembersMembers
S&S StorageRed Wing, MNIndependent2MembersMembersMembersMembers

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

Showing 11 of 11 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
Ellsworth WI13 mi41 / 100Pass
Lake MN16 mi37 / 100Pass
Cannon Falls MN17 mi13 / 100Fail
Prescott WI18 mi44 / 100Pass
Zumbrota MN19 mi45 / 100Pass
River Falls WI21 mi41 / 100Pass

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

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