Lennox, SD self-storage market

Population 2,468. 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 2,468: in the 2,000 to 20,000 scope
+25Income $82k: $70k+, best
0Population -1.5% since 2015-2019: flat (within 2%), ok
+5Renters 25.7%: 20% to 30%, ok
-1018 storage facilities within 10 mi (0 chain): 11+, penalty
-30Supply 29 sq ft per person (312,305 sq ft / market population 10,787, 78% of facilities sized): 17.5+ sq ft, hard fail
-10Total, out of 100
Storage sq ft per person, 10 miles
29.0
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. 78% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,468
Residents of the Census place, ACS 5-year 2020 to 2024. 10,787 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$81,761
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-1.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
25.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
18
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 Lennox
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lennox

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Lennox RV and Boat Storage, LLCLennox, SDIndependent1MembersMembersMembersMembers
South Town Storage, SDLennox, SDIndependent3MembersMembersMembersMembers

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

Showing 2 of 2 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
Tea SD8 mi50 / 100Pass
Harrisburg SD11 mi50 / 100Pass
Canton SD16 mi8 / 100Check
Hartford SD19 mi-2 / 100Fail
Beresford SD19 mi48 / 100Pass
Brandon SD23 mi45 / 100Pass

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

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