Dana, NC self-storage market

Population 4,147. Fails the self-storage screen with -12 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-12 / 100Fail

Fails the screen

0Population 4,147: in the 2,000 to 20,000 scope
+15Income $60k: $50k to $65k, ok
+8Population +5.8% since 2015-2019: growing 2% to 10%, good
0Renters 16.2%: under 20%, low
-1023 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
-15Supply 10.1 sq ft per person (481,610 sq ft / market population 47,848, 87% of facilities sized): over 10 sq ft, penalty
0Map point moved 1.4 mi from the Census internal point to the population center
0Score -12 is under the pass mark 15
-12Total, out of 100
Storage sq ft per person, 10 miles
10.1
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. 87% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,147
Residents of the Census place, ACS 5-year 2020 to 2024. 47,848 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$60,450
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+5.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
16.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
23
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Dana
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Dana

No facility lists Dana as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Fruitland NC4 mi-25 / 100Fail
Edneyville NC5 mi-2 / 100Fail
East Flat Rock NC5 mi28 / 100Pass
Hendersonville NC5 mi15 / 100Pass
Valley Hill NC7 mi30 / 100Pass
Flat Rock NC7 mi18 / 100Pass

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

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