Smithfield, NC self-storage market

Population 12,116. Fails the self-storage screen with -27 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-27 / 100Fail

Fails the screen

0Population 12,116: in the 2,000 to 20,000 scope
0Income $43k: under $45k, hard fail
-8Population -2.3% since 2015-2019: shrinking 2% to 5%, penalty
+10Renters 41.3%: 40%+, best
-1023 storage facilities within 10 mi (2 chain): 11+, penalty
-42 chain or REIT facilities within 10 mi
-15Supply 11.3 sq ft per person (302,858 sq ft / market population 26,749, 78% of facilities sized): over 10 sq ft, penalty
-27Total, out of 100
Storage sq ft per person, 10 miles
11.3
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
12,116
Residents of the Census place, ACS 5-year 2020 to 2024. 26,749 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$43,270
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-2.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
41.3%
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. 2 of them are chains or REITs.
Facilities whose nearest town is Smithfield
6
6 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Smithfield

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
A-1 Mini StorageSmithfield, NCIndependent6MembersMembersMembersMembers
Ample Storage CenterSmithfield, NCIndependent161MembersMembersMembersMembers
Ample Storage CenterSmithfield, NCIndependent47MembersMembersMembersMembers
Smithfield StorageSmithfield, NCIndependent41MembersMembersMembersMembers
Swift Creek StorageSmithfield, NCIndependent35MembersMembersMembersMembers
Swift Creek Storage - SouthSmithfield, NCIndependent2MembersMembersMembersMembers

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

Showing 6 of 6 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
Selma NC4 mi-7 / 100Fail
Wilson's Mills NC4 mi18 / 100Pass
Pine Level NC6 mi25 / 100Pass
Four Oaks NC7 mi25 / 100Pass
Archer Lodge NC11 mi13 / 100Fail
Kenly NC14 mi50 / 100Pass

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

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