Waverly, VA self-storage market

Population 2,324. 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 2,324: in the 2,000 to 20,000 scope
+15Income $50k: $50k to $65k, ok
-15Population -11.7% since 2015-2019: shrinking 5%+, penalty
+10Renters 42.1%: 40%+, best
+55 storage facilities within 10 mi (1 chain): 4 to 6, good
-21 chain or REIT facilities within 10 mi
-5Supply 9.3 sq ft per person (41,186 sq ft / market population 4,437): 9 to 10 sq ft, caution
0Score 8 is under the pass mark 15
8Total, out of 100
Storage sq ft per person, 10 miles
9.3
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. 100% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,324
Residents of the Census place, ACS 5-year 2020 to 2024. 4,437 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$50,156
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-11.7%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
42.1%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
5
0 to 3 scores best. 11 or more costs points, and chains or REITs cost more. 1 of them are chains or REITs.
Facilities whose nearest town is Waverly
4
3 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Waverly

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Adams' Mini StorageWaverly, VAIndependent1MembersMembersMembersMembers
Rowley Mini Storage and UhaulWaverly, VAChain or REIT3MembersMembersMembersMembers
Sussex Self StorageWaverly, VAIndependent1MembersMembersMembersMembers
The Storage DropWaverly, VAIndependent0MembersMembersMembersMembers

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

Showing 4 of 4 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
Fort Lee VA19 mi45 / 100Pass
Colonial Heights VA23 mi36 / 100Pass
Ettrick VA24 mi30 / 100Pass
Enon VA24 mi13 / 100Fail
Matoaca VA25 mi33 / 100Pass
Windsor VA25 mi41 / 100Pass

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

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