Pelican Bay, TX self-storage market

Population 2,399. Passes the self-storage screen with 25 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
25 / 100Pass

Passes the screen

0Population 2,399: in the 2,000 to 20,000 scope
+25Income $71k: $70k+, best
+15Population +51.3% since 2015-2019: growing 10%+, best
+10Renters 44.4%: 40%+, best
-1035 storage facilities within 10 mi (11 chain): 11+, penalty
-1011 chain or REIT facilities within 10 mi
-5Supply 9.2 sq ft per person (637,274 sq ft / market population 69,482, 63% of facilities sized): 9 to 10 sq ft, caution
25Total, out of 100
Storage sq ft per person, 10 miles
9.2
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. 63% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,399
Residents of the Census place, ACS 5-year 2020 to 2024. 69,482 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$70,789
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+51.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
44.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
35
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 11 of them are chains or REITs.
Facilities whose nearest town is Pelican Bay
3
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Pelican Bay

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
10 Federal StoragePelican Bay, TXChain or REIT145MembersMembersMembersMembers
10 Federal StoragePelican Bay, TXChain or REIT121MembersMembersMembersMembers
Sandy Beach Self StoragePelican Bay, TXIndependent15MembersMembersMembersMembers

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

Showing 3 of 3 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
Azle TX2 mi8 / 100Fail
Pecan Acres TX4 mi-15 / 100Fail
Reno TX4 mi39 / 100Pass
Briar TX5 mi5 / 100Fail
Lake Worth TX9 mi20 / 100Pass
Springtown TX10 mi42 / 100Pass

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

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