Capitol Heights, MD self-storage market

Population 4,020. 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 4,020: in the 2,000 to 20,000 scope
+25Income $97k: $70k+, best
-15Population -11.2% since 2015-2019: shrinking 5%+, penalty
+5Renters 22.7%: 20% to 30%, ok
-1053 storage facilities within 10 mi (45 chain): 11+, penalty
-1045 chain or REIT facilities within 10 mi
+15Supply 0.9 sq ft per person (1,262,742 sq ft / market population 1,390,642, 81% of facilities sized): under 7 sq ft, best
0Score 10 is under the pass mark 15
10Total, out of 100
Storage sq ft per person, 10 miles
0.9
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. 81% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,020
Residents of the Census place, ACS 5-year 2020 to 2024. 1,390,642 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$97,155
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-11.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
22.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
53
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 45 of them are chains or REITs.
Facilities whose nearest town is Capitol Heights
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Capitol Heights

No facility lists Capitol Heights as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Coral Hills MD1 mi35 / 100Pass
Walker Mill MD1 mi28 / 100Pass
Seat Pleasant MD1 mi5 / 100Fail
Peppermill MD2 mi40 / 100Pass
District Heights MD2 mi25 / 100Pass
Cedar Heights MD2 mi30 / 100Pass

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

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