Cherokee, NC self-storage market

Population 2,059. Fails the self-storage screen with -2 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-2 / 100Fail

Fails the screen

0Population 2,059: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
0Population +0.6% since 2015-2019: flat (within 2%), ok
+8Renters 37.4%: 30% to 40%, good
-1018 storage facilities within 10 mi (0 chain): 11+, penalty
-15Supply 16.1 sq ft per person (116,897 sq ft / market population 7,272, 78% of facilities sized): over 10 sq ft, penalty
0Map point moved 1.3 mi from the Census internal point to the population center
0Score -2 is under the pass mark 15
-2Total, out of 100
Storage sq ft per person, 10 miles
16.1
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. 78% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,059
Residents of the Census place, ACS 5-year 2020 to 2024. 7,272 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$55,972
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.6%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
37.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
18
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 Cherokee
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Cherokee

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
E-Z Self StorageCherokee, NCIndependent14MembersMembersMembersMembers
Ela Storage || Self-Storage Indoor and Outdoor in Western North CarolinaCherokee, NCIndependent0MembersMembersMembersMembers
Lowman's StorageCherokee, NCIndependent4MembersMembersMembersMembers
Pinecrest Self StorageCherokee, NCIndependent5MembersMembersMembersMembers
Smoky Mountain StorageCherokee, NCIndependent1MembersMembersMembersMembers

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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Nearby towns

TownDistanceTown scorehigher = better market to buy in
Sylva NC8 mi10 / 100Fail
Cullowhee NC13 mi10 / 100Fail
Maggie Valley NC13 mi15 / 100Pass
Waynesville NC16 mi8 / 100Fail
Lake Junaluska NC18 mi-8 / 100Fail
Franklin NC21 mi-17 / 100Fail

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

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