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Merrimac, VA self-storage market

Population 2,733. Passes the self-storage screen with 34 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
34 / 100Pass

Passes the screen

0Population 2,733: in the 2,000 to 20,000 scope
+15Income $54k: $50k to $65k, ok
+8Population +3.1% since 2015-2019: growing 2% to 10%, good
+10Renters 73.4%: 40%+, best
-1022 storage facilities within 10 mi (2 chain): 11+, penalty
-42 chain or REIT facilities within 10 mi
+15Supply 5.9 sq ft per person (561,283 sq ft / market population 95,520, 91% of facilities sized): under 7 sq ft, best
34Total, out of 100
Storage sq ft per person, 10 miles
5.9
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. 91% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,733
Residents of the Census place, ACS 5-year 2020 to 2024. 95,520 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$53,611
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+3.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
73.4%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
22
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 2 of them are chains or REITs.
Facilities whose nearest town is Merrimac
15
13 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Merrimac

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Bolt StorageMerrimac, VAIndependent117MembersMembersMembersMembers
Bolt StorageMerrimac, VAIndependent127MembersMembersMembersMembers
Craft Self StorageMerrimac, VAIndependent108MembersMembersMembersMembers
CubeSmart Self StorageMerrimac, VAChain or REIT93MembersMembersMembersMembers
First Security Self StorageMerrimac, VAIndependent78MembersMembersMembersMembers
Hilltop StorageMerrimac, VAIndependent2MembersMembersMembersMembers
NRV StorageMerrimac, VAIndependent32MembersMembersMembersMembers
Peppers Ferry StorageMerrimac, VAIndependent17MembersMembersMembersMembers
Public StorageMerrimac, VAChain or REIT0MembersMembersMembersMembers
Squared Away StorageMerrimac, VAIndependent48MembersMembersMembersMembers
StoreEase Self StorageMerrimac, VAIndependent191MembersMembersMembersMembers
Stoway Self Storage - Storage Units Christiansburg VAMerrimac, VAIndependent51MembersMembersMembersMembers
Tuckit In StorageMerrimac, VAIndependent31MembersMembersMembersMembers
VT Self StorageMerrimac, VAIndependent64MembersMembersMembersMembers
common wealth storageMerrimac, VAIndependent51MembersMembersMembersMembers

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

Showing 15 of 15 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
Fairlawn VA8 mi29 / 100Pass
Radford VA9 mi1 / 100Fail
Dublin VA16 mi10 / 100Fail
Pearisburg VA19 mi61 / 100Pass
Pulaski VA21 mi-10 / 100Fail
Hollins VA28 mi43 / 100Pass

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

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