Nephi, UT self-storage market

Population 6,885. 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 6,885: in the 2,000 to 20,000 scope
+25Income $106k: $70k+, best
+15Population +15.3% since 2015-2019: growing 10%+, best
+5Renters 20%: 20% to 30%, ok
07 storage facilities within 10 mi (0 chain): 7 to 10, ok
-15Supply 10.7 sq ft per person (91,724 sq ft / market population 8,559, 57% of facilities sized): over 10 sq ft, penalty
30Total, out of 100
Storage sq ft per person, 10 miles
10.7
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. 57% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,885
Residents of the Census place, ACS 5-year 2020 to 2024. 8,559 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$106,108
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+15.3%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
20.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
7
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 Nephi
7
7 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Nephi

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
5 K StorageNephi, UTIndependent2MembersMembersMembersMembers
Mona StorageNephi, UTIndependent7MembersMembersMembersMembers
Nephi Self StorageNephi, UTIndependent11MembersMembersMembersMembers
Red Cliffs StorageNephi, UTIndependent0MembersMembersMembersMembers
SNS Self Storage LLCNephi, UTIndependent5MembersMembersMembersMembers
Salt Creek StorageNephi, UTIndependent9MembersMembersMembersMembers
Universal Storage - NephiNephi, UTIndependent27MembersMembersMembersMembers

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

Showing 7 of 7 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
Santaquin UT18 mi43 / 100Pass
Elk Ridge UT23 mi37 / 100Pass
Mount Pleasant UT23 mi55 / 100Pass
Salem UT26 mi37 / 100Pass
Ephraim UT27 mi35 / 100Pass
Mapleton UT32 mi35 / 100Pass

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

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