Oelwein, IA self-storage market

Population 5,834. Fails the self-storage screen with 10 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
10 / 100Fail

Fails the screen

0Population 5,834: in the 2,000 to 20,000 scope
+5Income $47k: $45k to $50k, weak
-8Population -2.4% since 2015-2019: shrinking 2% to 5%, penalty
+5Renters 23.4%: 20% to 30%, ok
07 storage facilities within 10 mi (1 chain): 7 to 10, ok
-21 chain or REIT facilities within 10 mi
+10Supply 7 sq ft per person (61,384 sq ft / market population 8,761, 71% of facilities sized): 7 to 8.5 sq ft, good
0Score 10 is under the pass mark 15
10Total, out of 100
Storage sq ft per person, 10 miles
7.0
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. 71% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
5,834
Residents of the Census place, ACS 5-year 2020 to 2024. 8,761 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$46,653
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
23.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
7
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Oelwein
7
6 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Oelwein

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Coffin StorageOelwein, IAIndependent3MembersMembersMembersMembers
Extra Space Storage LLCOelwein, IAChain or REIT0MembersMembersMembersMembers
Hooked Up Self StorageOelwein, IAIndependent14MembersMembersMembersMembers
Karr PropertiesOelwein, IAIndependent4MembersMembersMembersMembers
Karr Properties LLCOelwein, IAIndependent4MembersMembersMembersMembers
Oelwein StorageOelwein, IAIndependent31MembersMembersMembersMembers
Strang Tire Co.Oelwein, IAIndependent78MembersMembersMembersMembers

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

Showing 7 of 7 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
Independence IA14 mi30 / 100Pass
Sumner IA15 mi12 / 100Check
Jesup IA16 mi15 / 100Pass
West Union IA20 mi35 / 100Pass
Denver IA21 mi13 / 100Fail
Evansdale IA23 mi3 / 100Fail

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

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