Shady Spring, WV self-storage market

Population 3,381. Passes the self-storage screen with 16 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
16 / 100Pass

Passes the screen

0Population 3,381: in the 2,000 to 20,000 scope
+20Income $67k: $65k to $70k, good
0Population +0.4% since 2015-2019: flat (within 2%), ok
0Renters 9.3%: under 20%, low
-1022 storage facilities within 10 mi (2 chain): 11+, penalty
-42 chain or REIT facilities within 10 mi
+10Supply 8 sq ft per person (261,150 sq ft / market population 32,665, 73% of facilities sized): 7 to 8.5 sq ft, good
16Total, out of 100
Storage sq ft per person, 10 miles
8.0
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. 73% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
3,381
Residents of the Census place, ACS 5-year 2020 to 2024. 32,665 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$67,407
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
+0.4%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
9.3%
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 Shady Spring
10
10 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Shady Spring

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Advanced Storage and AdvertisingShady Spring, WVIndependent1MembersMembersMembersMembers
Advanced Storage and AdvertisingShady Spring, WVIndependent2MembersMembersMembersMembers
Automated Self Storage-Flat TopShady Spring, WVIndependent18MembersMembersMembersMembers
Automated Self Storage-GhentShady Spring, WVIndependent6MembersMembersMembersMembers
Daniels Self Storage, LLC.Shady Spring, WVIndependent5MembersMembersMembersMembers
Grace Mini StorageShady Spring, WVIndependent1MembersMembersMembersMembers
Grandview StorageShady Spring, WVIndependent24MembersMembersMembersMembers
Mountaineer Mini StorageShady Spring, WVIndependent4MembersMembersMembersMembers
Storage Shed IncShady Spring, WVIndependent9MembersMembersMembersMembers
Top Notch Self StorageShady Spring, WVIndependent3MembersMembersMembersMembers

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

Showing 10 of 10 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
Beckley WV8 mi19 / 100Pass
Hinton WV12 mi-15 / 100Fail
Mullens WV18 mi30 / 100Check
Oak Hill WV20 mi27 / 100Pass
Princeton WV23 mi10 / 100Fail
Fayetteville WV24 mi40 / 100Pass

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

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