Lexington, VA self-storage market

Population 7,525. Passes the self-storage screen with 53 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
53 / 100Pass

Passes the screen

0Population 7,525: in the 2,000 to 20,000 scope
+25Income $85k: $70k+, best
+8Population +3.9% since 2015-2019: growing 2% to 10%, good
+10Renters 46.2%: 40%+, best
08 storage facilities within 10 mi (0 chain): 7 to 10, ok
+10Supply 8 sq ft per person (126,885 sq ft / market population 15,770): 7 to 8.5 sq ft, good
53Total, out of 100
Storage sq ft per person, 10 miles
8.0
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,525
Residents of the Census place, ACS 5-year 2020 to 2024. 15,770 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$84,517
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
46.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
8
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 Lexington
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Lexington

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
60 East Self StorageLexington, VAIndependent0MembersMembersMembersMembers
Store Lexington, LLCLexington, VAIndependent25MembersMembersMembersMembers
Valley Storage - LexingtonLexington, VAIndependent179MembersMembersMembersMembers
Your Own Bin StorageLexington, VAIndependent2MembersMembersMembersMembers

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
Buena Vista VA6 mi35 / 100Pass
Clifton Forge VA21 mi15 / 100Fail
Stuarts Draft VA28 mi48 / 100Pass
Madison Heights VA29 mi0 / 100Fail
Covington VA30 mi20 / 100Fail
Forest VA30 mi40 / 100Pass

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

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