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Lakeland, TN self-storage market

Population 14,192. 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 14,192: in the 2,000 to 20,000 scope
+25Income $116k: $70k+, best
+15Population +12.6% since 2015-2019: growing 10%+, best
+5Renters 20.8%: 20% to 30%, ok
-1034 storage facilities within 10 mi (17 chain): 11+, penalty
-1017 chain or REIT facilities within 10 mi
-15Supply 11.1 sq ft per person (960,344 sq ft / market population 86,882, 82% of facilities sized): over 10 sq ft, penalty
0Map point moved 2 mi from the Census internal point to the population center
0Score 10 is under the pass mark 15
10Total, out of 100
Storage sq ft per person, 10 miles
11.1
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
14,192
Residents of the Census place, ACS 5-year 2020 to 2024. 86,882 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$116,250
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+12.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
20.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
34
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 17 of them are chains or REITs.
Facilities whose nearest town is Lakeland
27
11 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lakeland

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
70 Self StorageLakeland, TNIndependent4MembersMembersMembersMembers
A+ Storage - CordovaLakeland, TNIndependent98MembersMembersMembersMembers
Cordova Self Storage at Shelby FarmsLakeland, TNIndependent318MembersMembersMembersMembers
CubeSmart Self StorageLakeland, TNChain or REIT374MembersMembersMembersMembers
Devon Self Storage Cordova, TennesseeLakeland, TNChain or REIT347MembersMembersMembersMembers
Devon Self Storage Cordova, TennesseeLakeland, TNChain or REIT675MembersMembersMembersMembers
Extra Space StorageLakeland, TNChain or REIT569MembersMembersMembersMembers
Extra Space StorageLakeland, TNChain or REIT783MembersMembersMembersMembers
Extra Space StorageLakeland, TNChain or REIT891MembersMembersMembersMembers
Extra Space StorageLakeland, TNChain or REIT861MembersMembersMembersMembers
Extra Space StorageLakeland, TNChain or REIT813MembersMembersMembersMembers
Extra Space StorageLakeland, TNChain or REIT401MembersMembersMembersMembers
Extra Space StorageLakeland, TNChain or REIT863MembersMembersMembersMembers
Extra Space StorageLakeland, TNChain or REIT749MembersMembersMembersMembers
Houston Levee StorageLakeland, TNIndependent147MembersMembersMembersMembers
Mini Mall Storage - BartlettLakeland, TNChain or REIT557MembersMembersMembersMembers
Mini Mall Storage - MemphisLakeland, TNChain or REIT495MembersMembersMembersMembers
Public StorageLakeland, TNChain or REIT828MembersMembersMembersMembers
Public StorageLakeland, TNChain or REIT147MembersMembersMembersMembers
Public StorageLakeland, TNChain or REIT295MembersMembersMembersMembers
Securlock Storage at CordovaLakeland, TNIndependent69MembersMembersMembersMembers
Storage LockerLakeland, TNIndependent144MembersMembersMembersMembers
Tiger StorageLakeland, TNIndependent261MembersMembersMembersMembers
U-Stor Self Storage Bartlett, TNLakeland, TNIndependent126MembersMembersMembersMembers
U-Stor Self Storage Memphis, TNLakeland, TNIndependent168MembersMembersMembersMembers
VIP Commercial StorageLakeland, TNIndependent3MembersMembersMembersMembers
VIP Outdoor StorageLakeland, TNIndependent8MembersMembersMembersMembers

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

Showing 27 of 27 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
Arlington TN5 mi35 / 100Pass
Millington TN12 mi18 / 100Pass
Oakland TN13 mi60 / 100Pass
Atoka TN13 mi37 / 100Pass
Piperton TN14 mi35 / 100Pass
Munford TN16 mi20 / 100Pass

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

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