Narragansett Pier, RI self-storage market

Population 3,167. Fails the self-storage screen with 13 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
13 / 100Fail

Fails the screen

0Population 3,167: in the 2,000 to 20,000 scope
+25Income $82k: $70k+, best
-15Population -11.9% since 2015-2019: shrinking 5%+, penalty
+8Renters 37.5%: 30% to 40%, good
-1012 storage facilities within 10 mi (6 chain): 11+, penalty
-106 chain or REIT facilities within 10 mi
+15Supply 3.6 sq ft per person (169,662 sq ft / market population 47,222, 83% of facilities sized): under 7 sq ft, best
0Score 13 is under the pass mark 15
13Total, out of 100
Storage sq ft per person, 10 miles
3.6
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,167
Residents of the Census place, ACS 5-year 2020 to 2024. 47,222 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$82,192
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-11.9%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
37.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
12
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 6 of them are chains or REITs.
Facilities whose nearest town is Narragansett Pier
1
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Narragansett Pier

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
CubeSmart Self StorageNarragansett Pier, RIChain or REIT224MembersMembersMembersMembers

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

Showing 1 of 1 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
Wakefield-Peace Dale RI2 mi38 / 100Pass
Kingston RI4 mi35 / 100Pass
Newport East RI11 mi17 / 100Pass
Hope Valley RI14 mi29 / 100Pass
Westerly RI18 mi39 / 100Pass
Pawcatuck CT21 mi42 / 100Pass

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

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