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Newport, NC self-storage market

Population 4,441. 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 4,441: in the 2,000 to 20,000 scope
+15Income $56k: $50k to $65k, ok
-8Population -3.6% since 2015-2019: shrinking 2% to 5%, penalty
+8Renters 38.6%: 30% to 40%, good
-1032 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
-15Supply 16.6 sq ft per person (638,571 sq ft / market population 38,368, 78% of facilities sized): over 10 sq ft, penalty
0Map point moved 1.5 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
16.6
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
4,441
Residents of the Census place, ACS 5-year 2020 to 2024. 38,368 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$56,351
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-3.6%
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
32
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Newport
15
14 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Newport

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Ample Storage CenterNewport, NCIndependent34MembersMembersMembersMembers
Broad Creek Self StorageNewport, NCIndependent0MembersMembersMembersMembers
Intracoastal ContainersNewport, NCIndependent1MembersMembersMembersMembers
KO StorageNewport, NCIndependent53MembersMembersMembersMembers
McStor Self Storage - NewPortNewport, NCIndependent15MembersMembersMembersMembers
Morehead City Self StorageNewport, NCIndependent32MembersMembersMembersMembers
Morehead City Self StorageNewport, NCIndependent2MembersMembersMembersMembers
New River StorageNewport, NCIndependent21MembersMembersMembersMembers
New River StorageNewport, NCIndependent22MembersMembersMembersMembers
Newport Mini Storage, Inc.Newport, NCIndependent4MembersMembersMembersMembers
Pinnacle StorageNewport, NCIndependent444MembersMembersMembersMembers
Prime StorageNewport, NCChain or REIT391MembersMembersMembersMembers
Sam's Mini StorageNewport, NCIndependent10MembersMembersMembersMembers
USA Storage Centers NewportNewport, NCIndependent280MembersMembersMembersMembers
Your Fun Parks Here! Boat, RV, Big Toy StorageNewport, NCIndependent2MembersMembersMembersMembers

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

Showing 15 of 15 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
Havelock NC8 mi-17 / 100Fail
Morehead NC8 mi6 / 100Fail
Beaufort NC13 mi8 / 100Fail
Emerald Isle NC13 mi-13 / 100Fail
Cape Carteret NC13 mi-1 / 100Fail
Neuse Forest NC13 mi28 / 100Pass

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

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