Lake Royale, NC self-storage market
Population 3,168. Fails the self-storage screen with -15 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
-15 / 100FailFails the screen
0Population 3,168: in the 2,000 to 20,000 scope
+25Income $108k: $70k+, best
-15Population -9.1% since 2015-2019: shrinking 5%+, penalty
0Renters 5.5%: under 20%, low
-1011 storage facilities within 10 mi (0 chain): 11+, penalty
-15Supply 16.1 sq ft per person (87,209 sq ft / market population 5,419, 82% of facilities sized): over 10 sq ft, penalty
0Score -15 is under the pass mark 15
-15Total, out of 100
Storage sq ft per person, 10 miles
16.1
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. 82% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,168
Residents of the Census place, ACS 5-year 2020 to 2024. 5,419 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$107,806
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-9.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
5.5%
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. 0 of them are chains or REITs.
Facilities whose nearest town is Lake Royale
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Lake Royale
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| A & M Self Storage | Lake Royale, NC | Independent | 26 | Members | Members | Members | Members |
| Royale Mini Storage | Lake Royale, NC | Independent | 1 | Members | Members | Members | Members |
| Spring Hope Mini Storage | Lake Royale, NC | Independent | 6 | Members | Members | Members | Members |
| Stanhope Mini Storage | Lake Royale, NC | Independent | 5 | Members | Members | Members | Members |
| Welcome Self Storage | Lake Royale, NC | Independent | 16 | Members | Members | Members | Members |
Lead score runs 0 to 100, higher = better lead. Lead Weak Fail
Showing 5 of 5 facilities, sorted by name. Members see all of them with every field, sorted by lead score, highest first.
Nearby towns
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