Elgin, SC self-storage market

Population 2,080. Fails the self-storage screen with -10 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-10 / 100Fail

Fails the screen

0Population 2,080: in the 2,000 to 20,000 scope
+25Income $92k: $70k+, best
+15Population +18.4% since 2015-2019: growing 10%+, best
0Renters 6.7%: under 20%, low
-1026 storage facilities within 10 mi (14 chain): 11+, penalty
-1014 chain or REIT facilities within 10 mi
-30Supply 41.7 sq ft per person (495,248 sq ft / market population 11,866, 85% of facilities sized): 17.5+ sq ft, hard fail
-10Total, out of 100
Storage sq ft per person, 10 miles
41.7
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. 85% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,080
Residents of the Census place, ACS 5-year 2020 to 2024. 11,866 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$91,667
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+18.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
6.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
26
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 14 of them are chains or REITs.
Facilities whose nearest town is Elgin
7
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Elgin

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Elgin Mini WarehousesElgin, SCIndependent12MembersMembersMembersMembers
Public StorageElgin, SCChain or REIT67MembersMembersMembersMembers
Public StorageElgin, SCChain or REIT211MembersMembersMembersMembers
Public StorageElgin, SCChain or REIT346MembersMembersMembersMembers
Space Shop Self StorageElgin, SCIndependent53MembersMembersMembersMembers
Storage StarElgin, SCChain or REIT102MembersMembersMembersMembers
Storage Wise of ElginElgin, SCIndependent14MembersMembersMembersMembers

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

Showing 7 of 7 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
Lugoff SC6 mi12 / 100Fail
Woodfield SC11 mi10 / 100Fail
Blythewood SC11 mi-10 / 100Fail
Dentsville SC11 mi10 / 100Fail
Camden SC12 mi3 / 100Fail
Forest Acres SC14 mi25 / 100Pass

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

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