South Run, VA self-storage market

Population 6,600. Passes the self-storage screen with 28 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
28 / 100Pass

Passes the screen

0Population 6,600: in the 2,000 to 20,000 scope
+25Income $250k: $70k+, best
+8Population +5.7% since 2015-2019: growing 2% to 10%, good
0Renters 3.9%: under 20%, low
-1052 storage facilities within 10 mi (45 chain): 11+, penalty
-1045 chain or REIT facilities within 10 mi
+15Supply 1.5 sq ft per person (1,360,959 sq ft / market population 894,645, 88% of facilities sized): under 7 sq ft, best
28Total, out of 100
Storage sq ft per person, 10 miles
1.5
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. 88% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
6,600
Residents of the Census place, ACS 5-year 2020 to 2024. 894,645 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$250,001
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+5.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
3.9%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
52
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 45 of them are chains or REITs.
Facilities whose nearest town is South Run
0
0 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near South Run

No facility lists South Run as its nearest scored town.

Nearby towns

TownDistanceTown scorehigher = better market to buy in
Crosspointe VA2 mi20 / 100Pass
Newington Forest VA2 mi20 / 100Pass
Burke Centre VA3 mi12 / 100Fail
Laurel Hill VA3 mi10 / 100Fail
Kings Park VA4 mi5 / 100Fail
Newington VA4 mi28 / 100Pass

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

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