New Market, VA self-storage market

Population 2,342. Fails the self-storage screen with 8 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
8 / 100Fail

Fails the screen

0Population 2,342: in the 2,000 to 20,000 scope
+15Income $51k: $50k to $65k, ok
+8Population +7.4% since 2015-2019: growing 2% to 10%, good
+10Renters 57.1%: 40%+, best
-1012 storage facilities within 10 mi (0 chain): 11+, penalty
-15Supply 10.4 sq ft per person (123,986 sq ft / market population 11,962, 83% of facilities sized): over 10 sq ft, penalty
0Score 8 is under the pass mark 15
8Total, out of 100
Storage sq ft per person, 10 miles
10.4
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. 83% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,342
Residents of the Census place, ACS 5-year 2020 to 2024. 11,962 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$51,410
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+7.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
57.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
12
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 New Market
3
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near New Market

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Chicken Run StorageNew Market, VAIndependent5MembersMembersMembersMembers
Cindy's Self StorageNew Market, VAIndependent14MembersMembersMembersMembers
Quick Lock Storage - New MarketNew Market, VAIndependent48MembersMembersMembersMembers

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
Timberville VA6 mi25 / 100Pass
Mount Jackson VA7 mi20 / 100Pass
Broadway VA7 mi-9 / 100Fail
Stanley VA10 mi48 / 100Pass
Shenandoah VA11 mi37 / 100Pass
Luray VA12 mi33 / 100Pass

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

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