Bloomfield, NM self-storage market

Population 7,395. Fails the self-storage screen with -32 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-32 / 100Fail

Fails the screen

0Population 7,395: in the 2,000 to 20,000 scope
+5Income $48k: $45k to $50k, weak
-15Population -5.7% since 2015-2019: shrinking 5%+, penalty
+5Renters 29.9%: 20% to 30%, ok
-1017 storage facilities within 10 mi (1 chain): 11+, penalty
-21 chain or REIT facilities within 10 mi
-15Supply 14 sq ft per person (464,139 sq ft / market population 33,169, 88% of facilities sized): over 10 sq ft, penalty
0Map point moved 1.8 mi from the Census internal point to the population center
0Score -32 is under the pass mark 15
-32Total, out of 100
Storage sq ft per person, 10 miles
14.0
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,395
Residents of the Census place, ACS 5-year 2020 to 2024. 33,169 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$48,472
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-5.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
29.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
17
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 Bloomfield
5
5 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Bloomfield

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
1ST Street StorageBloomfield, NMIndependent0MembersMembersMembersMembers
Bloomfield StorageBloomfield, NMIndependent22MembersMembersMembersMembers
Redi-Door Storage - Broadway StorageBloomfield, NMIndependent6MembersMembersMembersMembers
StoreNMBloomfield, NMIndependent2MembersMembersMembersMembers
Town Plaza StorageBloomfield, NMIndependent4MembersMembersMembersMembers

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
West Hammond NM4 mi-27 / 100Fail
Lee Acres NM6 mi-37 / 100Fail
Crouch Mesa NM6 mi-7 / 100Fail
Aztec NM7 mi-34 / 100Fail
Flora Vista NM8 mi-12 / 100Fail
Center Point NM9 mi-10 / 100Fail

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

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