Blue Ridge, VA self-storage market

Population 2,800. Fails the self-storage screen with -15 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-15 / 100Fail

Fails the screen

0Population 2,800: in the 2,000 to 20,000 scope
+25Income $76k: $70k+, best
-15Population -14.8% since 2015-2019: shrinking 5%+, penalty
0Renters 6.2%: under 20%, low
-1018 storage facilities within 10 mi (5 chain): 11+, penalty
-105 chain or REIT facilities within 10 mi
-5Supply 9.5 sq ft per person (371,168 sq ft / market population 39,005, 78% of facilities sized): 9 to 10 sq ft, caution
0Score -15 is under the pass mark 15
-15Total, out of 100
Storage sq ft per person, 10 miles
9.5
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. 78% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,800
Residents of the Census place, ACS 5-year 2020 to 2024. 39,005 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$75,871
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-14.8%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
6.2%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
18
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 5 of them are chains or REITs.
Facilities whose nearest town is Blue Ridge
1
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Blue Ridge

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Local Storage GroupBlue Ridge, VAIndependent0MembersMembersMembersMembers

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
Cloverdale VA5 mi17 / 100Pass
Daleville VA6 mi40 / 100Pass
Hollins VA8 mi43 / 100Pass
Vinton VA8 mi25 / 100Pass
Bedford VA17 mi23 / 100Fail
Westlake Corner VA19 mi0 / 100Fail

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

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