Placitas, NM self-storage market

Population 4,223. Fails the self-storage screen with -25 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-25 / 100Fail

Fails the screen

0Population 4,223: in the 2,000 to 20,000 scope
+25Income $110k: $70k+, best
-15Population -9.9% since 2015-2019: shrinking 5%+, penalty
0Renters 6.1%: under 20%, low
-1015 storage facilities within 10 mi (7 chain): 11+, penalty
-107 chain or REIT facilities within 10 mi
-15Supply 15.3 sq ft per person (276,021 sq ft / market population 18,066, 87% of facilities sized): over 10 sq ft, penalty
0Map point moved 1.7 mi from the Census internal point to the population center
0Score -25 is under the pass mark 15
-25Total, out of 100
Storage sq ft per person, 10 miles
15.3
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. 87% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,223
Residents of the Census place, ACS 5-year 2020 to 2024. 18,066 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$109,750
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-9.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
6.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
15
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 7 of them are chains or REITs.
Facilities whose nearest town is Placitas
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Placitas

No facility lists Placitas as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Bernalillo NM5 mi0 / 100Fail
Sandia Heights NM10 mi-40 / 100Fail
Corrales NM10 mi20 / 100Pass
North Valley NM13 mi0 / 100Fail
Los Ranchos de Albuquerque NM15 mi12 / 100Fail
Santo Domingo Pueblo NM15 mi23 / 100Check

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

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