Bedford, VA self-storage market

Population 7,724. Fails the self-storage screen with 23 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
23 / 100Fail

Fails the screen

0Population 7,724: in the 2,000 to 20,000 scope
+25Income $70k: $70k+, best
+15Population +17.7% since 2015-2019: growing 10%+, best
+8Renters 30.8%: 30% to 40%, good
+56 storage facilities within 10 mi (0 chain): 4 to 6, good
-30Supply 23.2 sq ft per person (178,981 sq ft / market population 7,724): 17.5+ sq ft, hard fail
23Total, out of 100
Storage sq ft per person, 10 miles
23.2
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
7,724
Residents of the Census place, ACS 5-year 2020 to 2024. 7,724 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$70,288
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+17.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
30.8%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
6
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 Bedford
6
6 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Bedford

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
All-Size StorageBedford, VAIndependent12MembersMembersMembersMembers
All-Size Storage1Bedford, VAIndependent10MembersMembersMembersMembers
Bedford Pack It InBedford, VAIndependent24MembersMembersMembersMembers
By-Pass Mini StorageBedford, VAIndependent31MembersMembersMembersMembers
Freedom Self StorageBedford, VAIndependent7MembersMembersMembersMembers
LocalStorageBedford, VAIndependent33MembersMembersMembersMembers

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

Showing 6 of 6 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
Forest VA13 mi40 / 100Pass
Timberlake VA15 mi20 / 100Pass
Blue Ridge VA17 mi-15 / 100Fail
Westlake Corner VA18 mi0 / 100Fail
North Shore VA19 mi0 / 100Fail
Altavista VA20 mi27 / 100Pass

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

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