Lake, SC self-storage market

Population 5,988. 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 / 100Fail

Fails the screen

0Population 5,988: in the 2,000 to 20,000 scope
0Income $34k: under $45k, hard fail
-15Population -9.5% since 2015-2019: shrinking 5%+, penalty
+10Renters 56.5%: 40%+, best
+55 storage facilities within 10 mi (0 chain): 4 to 6, good
-15Supply 11.3 sq ft per person (85,384 sq ft / market population 7,574, 80% of facilities sized): over 10 sq ft, penalty
-15Total, out of 100
Storage sq ft per person, 10 miles
11.3
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,988
Residents of the Census place, ACS 5-year 2020 to 2024. 7,574 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$33,600
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-9.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
56.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
5
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
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lake

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Iron Man StorageLake, SCIndependent8MembersMembersMembersMembers
M & M Self Storage LLCLake, SCIndependent2MembersMembersMembersMembers
Pee Dee StorageLake, SCIndependent0MembersMembersMembersMembers
Prosser's Storage UnitsLake, SCIndependent3MembersMembersMembersMembers
Storage Wise of Lake CityLake, SCIndependent60MembersMembersMembersMembers

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.

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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Kingstree SC15 mi30 / 100Fail
Timmonsville SC21 mi-15 / 100Fail
Manning SC29 mi-28 / 100Fail
Marion SC30 mi-15 / 100Fail
Darlington SC31 mi5 / 100Fail
Andrews SC31 mi38 / 100Check

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

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