Spurgeon, TN self-storage market

Population 4,071. Fails the self-storage screen with 3 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
3 / 100Fail

Fails the screen

0Population 4,071: in the 2,000 to 20,000 scope
+15Income $64k: $50k to $65k, ok
-15Population -12.8% since 2015-2019: shrinking 5%+, penalty
+8Renters 30.8%: 30% to 40%, good
-1054 storage facilities within 10 mi (9 chain): 11+, penalty
-109 chain or REIT facilities within 10 mi
+15Supply 5.1 sq ft per person (804,590 sq ft / market population 158,520, 81% of facilities sized): under 7 sq ft, best
0Score 3 is under the pass mark 15
3Total, out of 100
Storage sq ft per person, 10 miles
5.1
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. 81% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,071
Residents of the Census place, ACS 5-year 2020 to 2024. 158,520 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$64,250
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-12.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
54
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 9 of them are chains or REITs.
Facilities whose nearest town is Spurgeon
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Spurgeon

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Attic StorageSpurgeon, TNIndependent11MembersMembersMembersMembers
Premier Self StorageSpurgeon, TNIndependent5MembersMembersMembersMembers
Store Safe TNSpurgeon, TNIndependent43MembersMembersMembersMembers
Stowaway Self StorageSpurgeon, TNIndependent52MembersMembersMembersMembers

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

Showing 4 of 4 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
Gray TN2 mi35 / 100Pass
Oak Grove TN2 mi36 / 100Pass
Colonial Heights TN4 mi28 / 100Pass
Blountville TN10 mi18 / 100Pass
Bloomingdale TN10 mi15 / 100Pass
Bluff TN10 mi26 / 100Pass

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

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