Farmville, NC self-storage market

Population 4,514. Fails the self-storage screen with -20 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-20 / 100Fail

Fails the screen

0Population 4,514: in the 2,000 to 20,000 scope
+5Income $47k: $45k to $50k, weak
-8Population -4.2% since 2015-2019: shrinking 2% to 5%, penalty
+8Renters 38.6%: 30% to 40%, good
+54 storage facilities within 10 mi (0 chain): 4 to 6, good
-30Supply 19 sq ft per person (133,992 sq ft / market population 7,069, 75% of facilities sized): 17.5+ sq ft, hard fail
-20Total, out of 100
Storage sq ft per person, 10 miles
19.0
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. 75% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,514
Residents of the Census place, ACS 5-year 2020 to 2024. 7,069 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$47,410
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-4.2%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
38.6%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
4
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 Farmville
2
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Farmville

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
River Road Mini StorageFarmville, NCIndependent38MembersMembersMembersMembers
Warepack Self StorageFarmville, NCIndependent7MembersMembersMembersMembers

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
Snow Hill NC11 mi15 / 100Fail
Winterville NC12 mi32 / 100Pass
Ayden NC13 mi7 / 100Fail
Grifton NC17 mi-20 / 100Fail
Tarboro NC22 mi40 / 100Pass
Kinston NC22 mi-27 / 100Fail

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

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