Sandstone, MN self-storage market

Population 2,482. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Pass

Passes the screen

0Population 2,482: in the 2,000 to 20,000 scope
+15Income $52k: $50k to $65k, ok
-15Population -7% since 2015-2019: shrinking 5%+, penalty
+10Renters 47.1%: 40%+, best
+103 storage facilities within 10 mi (0 chain): 0 to 3, best
+15Supply 2.4 sq ft per person (11,896 sq ft / market population 4,924, 67% of facilities sized): under 7 sq ft, best
35Total, out of 100
Storage sq ft per person, 10 miles
2.4
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. 67% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,482
Residents of the Census place, ACS 5-year 2020 to 2024. 4,924 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$51,875
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-7.0%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
47.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
3
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 Sandstone
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Sandstone

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Second Street Storage-HinckleySandstone, MNIndependent11MembersMembersMembersMembers
Splitrock StorageSandstone, MNIndependent58MembersMembersMembersMembers
Steve's Self StorageSandstone, MNIndependent48MembersMembersMembersMembers

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

Showing 3 of 3 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
Pine MN20 mi58 / 100Pass
Moose Lake MN23 mi38 / 100Pass
Mora MN27 mi16 / 100Pass
Rush MN31 mi51 / 100Pass
Cambridge MN43 mi43 / 100Pass
North Branch MN43 mi45 / 100Pass

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

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