Wellsburg, WV self-storage market

Population 2,203. Fails the self-storage screen with -10 / 100; each line below shows where the points came from.

Town score, higher = better market to buy in
-10 / 100Fail

Fails the screen

0Population 2,203: in the 2,000 to 20,000 scope
0Income $43k: under $45k, hard fail
-15Population -15.1% since 2015-2019: shrinking 5%+, penalty
0Renters 20%: under 20%, low
-1025 storage facilities within 10 mi (0 chain): 11+, penalty
+15Supply 3.4 sq ft per person (200,718 sq ft / market population 58,653, 80% of facilities sized): under 7 sq ft, best
-10Total, out of 100
Storage sq ft per person, 10 miles
3.4
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. 80% of nearby facilities have a size estimate.
0under 7: undersuppliedUS average 7.9over 10: crowded18+
Population
2,203
Residents of the Census place, ACS 5-year 2020 to 2024. 58,653 people live in Census places within 10 miles, the market this town is judged on.
Median household income
$42,868
Under $45k fails the screen. $70k and up scores best.
Population change since 2015 to 2019
-15.1%
Growth of 10% or more scores best. Shrinking towns lose points.
Renter households
20.0%
Renters move more and rent storage more. 40% and up scores best.
Storage facilities within 10 miles
25
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 Wellsburg
1
1 independent. Each facility is linked to the nearest scored town within 10 miles.

Facilities near Wellsburg

FacilityNearest townTypeReviews on MapsEst. units Members onlyWebsite Members onlyPhone Members onlyLead scorehigher = better lead Members only
Chappy's Self-StorageWellsburg, WVIndependent4MembersMembersMembersMembers

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

Showing 1 of 1 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
Hooverson Heights WV3 mi10 / 100Fail
Mingo Junction OH3 mi28 / 100Pass
Follansbee WV4 mi28 / 100Pass
Steubenville OH6 mi20 / 100Pass
Wintersville OH9 mi25 / 100Pass
Weirton WV9 mi28 / 100Pass

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

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