Penn Yan, NY self-storage market

Population 4,714. Passes the self-storage screen with 30 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
30 / 100Pass

Passes the screen

0Population 4,714: in the 2,000 to 20,000 scope
+15Income $60k: $50k to $65k, ok
-8Population -4.7% since 2015-2019: shrinking 2% to 5%, penalty
+8Renters 38.2%: 30% to 40%, good
+55 storage facilities within 10 mi (0 chain): 4 to 6, good
+10Supply 7.3 sq ft per person (46,333 sq ft / market population 6,362, 80% of facilities sized): 7 to 8.5 sq ft, good
30Total, out of 100
Storage sq ft per person, 10 miles
7.3
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
4,714
Residents of the Census place, ACS 5-year 2020 to 2024. 6,362 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$60,190
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-4.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
38.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
5
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 Penn Yan
4
4 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Penn Yan

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
All-In Properties FL, LLCPenn Yan, NYIndependent1MembersMembersMembersMembers
Mustang Mini StoragePenn Yan, NYIndependent8MembersMembersMembersMembers
Penn Yan Mini StoragePenn Yan, NYIndependent8MembersMembersMembersMembers
Simple Self Storage - BellonaPenn Yan, NYIndependent4MembersMembersMembersMembers

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

Showing 4 of 4 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
Dundee NY10 mi45 / 100Fail
Geneva NY14 mi20 / 100Pass
Waterloo NY20 mi-9 / 100Fail
Canandaigua NY20 mi8 / 100Fail
Phelps NY21 mi18 / 100Pass
Clifton Springs NY21 mi4 / 100Fail

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

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