Belmont, VA self-storage market

Population 9,729. Passes the self-storage screen with 35 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
35 / 100Pass

Passes the screen

0Population 9,729: in the 2,000 to 20,000 scope
+25Income $243k: $70k+, best
+15Population +46.7% since 2015-2019: growing 10%+, best
0Renters 12.5%: under 20%, low
-1030 storage facilities within 10 mi (21 chain): 11+, penalty
-1021 chain or REIT facilities within 10 mi
+15Supply 1.8 sq ft per person (636,885 sq ft / market population 344,899, 63% of facilities sized): under 7 sq ft, best
35Total, out of 100
Storage sq ft per person, 10 miles
1.8
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. 63% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
9,729
Residents of the Census place, ACS 5-year 2020 to 2024. 344,899 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$242,542
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+46.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
12.5%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
30
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 21 of them are chains or REITs.
Facilities whose nearest town is Belmont
3
2 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Belmont

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Belmont Ridge Self StorageBelmont, VAIndependent34MembersMembersMembersMembers
Extra Space StorageBelmont, VAChain or REIT685MembersMembersMembersMembers
Fort Knox Self StorageBelmont, VAIndependent100MembersMembersMembersMembers

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

Showing 3 of 3 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
Lansdowne VA2 mi25 / 100Pass
Goose Creek VA2 mi30 / 100Pass
One Loudoun VA3 mi25 / 100Pass
University Center VA3 mi22 / 100Pass
Broadlands VA4 mi28 / 100Pass
Moorefield VA5 mi28 / 100Pass

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

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