Old, ME self-storage market

Population 7,470. Passes the self-storage screen with 22 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
22 / 100Pass

Passes the screen

0Population 7,470: in the 2,000 to 20,000 scope
+15Income $52k: $50k to $65k, ok
0Population -0.1% since 2015-2019: flat (within 2%), ok
+10Renters 40.7%: 40%+, best
-1012 storage facilities within 10 mi (4 chain): 11+, penalty
-84 chain or REIT facilities within 10 mi
+15Supply 2.5 sq ft per person (139,403 sq ft / market population 55,520, 75% of facilities sized): under 7 sq ft, best
0Map point moved 3.8 mi from the Census internal point to the population center (the Google search was centered there: nearby facilities come from neighbor searches)
22Total, out of 100
Storage sq ft per person, 10 miles
2.5
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,470
Residents of the Census place, ACS 5-year 2020 to 2024. 55,520 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$51,585
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-0.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
40.7%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
12
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 4 of them are chains or REITs.
Facilities whose nearest town is Old
2
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Old

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Self-Storage at U-HaulOld, MEChain or REIT1MembersMembersMembersMembers
U-Haul Storage of Apple CommunityOld, MEChain or REIT30MembersMembersMembersMembers

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

Showing 2 of 2 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
Milford ME3 mi34 / 100Pass
Orono ME3 mi37 / 100Pass
Brewer ME11 mi39 / 100Pass
Hampden ME15 mi43 / 100Pass
Bucksport ME25 mi53 / 100Pass
Ellsworth ME28 mi27 / 100Pass

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

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