Lakeland South, WA self-storage market
Population 13,100. Passes the self-storage screen with 17 / 100; each line below shows where the points came from.
Town score, higher = better market to buy in
17 / 100PassPasses the screen
0Population 13,100: in the 2,000 to 20,000 scope
+25Income $111k: $70k+, best
-8Population -2.5% since 2015-2019: shrinking 2% to 5%, penalty
+5Renters 24.1%: 20% to 30%, ok
-1074 storage facilities within 10 mi (38 chain): 11+, penalty
-1038 chain or REIT facilities within 10 mi
+15Supply 3.3 sq ft per person (2,584,470 sq ft / market population 784,893, 92% of facilities sized): under 7 sq ft, best
17Total, out of 100
Storage sq ft per person, 10 miles
3.3
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. 92% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
13,100
Residents of the Census place, ACS 5-year 2020 to 2024. 784,893 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$110,735
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.5%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
24.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
74
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 38 of them are chains or REITs.
Facilities whose nearest town is Lakeland South
5
1 independent. Each facility is linked to the nearest scored town within 10 miles.
Facilities near Lakeland South
| Facility | Nearest town | Type | Reviews on Maps | Est. units Members only | Website Members only | Phone Members only | Lead scorehigher = better lead Members only |
|---|---|---|---|---|---|---|---|
| Federal Way Heated Self Storage | Lakeland South, WA | Chain or REIT | 179 | Members | Members | Members | Members |
| Federal Way Supreme Self Storage | Lakeland South, WA | Independent | 153 | Members | Members | Members | Members |
| Public Storage | Lakeland South, WA | Chain or REIT | 651 | Members | Members | Members | Members |
| SecureSpace Self Storage Federal Way | Lakeland South, WA | Chain or REIT | 414 | Members | Members | Members | Members |
| StorQuest Self Storage | Lakeland South, WA | Chain or REIT | 339 | Members | Members | Members | Members |
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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