Lebanon, VA self-storage market

Population 3,116. Fails the self-storage screen with 5 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
5 / 100Fail

Fails the screen

0Population 3,116: in the 2,000 to 20,000 scope
+15Income $53k: $50k to $65k, ok
-8Population -2.8% since 2015-2019: shrinking 2% to 5%, penalty
+8Renters 39%: 30% to 40%, good
+55 storage facilities within 10 mi (0 chain): 4 to 6, good
-15Supply 13 sq ft per person (45,272 sq ft / market population 3,485, 80% of facilities sized): over 10 sq ft, penalty
0Score 5 is under the pass mark 15
5Total, out of 100
Storage sq ft per person, 10 miles
13.0
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,116
Residents of the Census place, ACS 5-year 2020 to 2024. 3,485 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$53,050
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
39.0%
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 Lebanon
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lebanon

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Bypass Mini StorageLebanon, VAIndependent24MembersMembersMembersMembers
Campbell Storage RentalLebanon, VAIndependent1MembersMembersMembersMembers
Copper Safe Storage - LebanonLebanon, VAIndependent20MembersMembersMembersMembers
Green Valley Mini Storage LLCLebanon, VAIndependent1MembersMembersMembersMembers
Light House Storage UnitLebanon, VAIndependent2MembersMembersMembersMembers

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
Abingdon VA14 mi8 / 100Fail
Saltville VA18 mi18 / 100Pass
Glade Spring VA19 mi35 / 100Pass
Richlands VA20 mi-15 / 100Fail
Bristol VA20 mi15 / 100Pass
Chilhowie VA23 mi58 / 100Pass

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

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