If it is a "Unifi AP LR" and not the "Unifi AP AC LR", that means you have 8MB of internal storage, which seems to be accurate based on your additional info showing the space.
Counterintuitively, this actually has consumed space on your device. That's because those packages reside in ROM, so they cannot actually be deleted. Instead, the system writes files to 'mark them as deleted' (think of it as an addendum).
This may help:
Also, have you installed any packages on your device? That would use additional space in your /overlay partition.
@zagi-tng The The image builder will allow you to both strip packages you do not need and add the ones you'd like. As @psherman pointed out, the rootfs is read-only so you are never really removing anything, and freeing space; much to the contrary - you will lose additional space to mark packages as removed.
Adding your custom packages to the image also has the benefit of better compression (it's compressed along with the rest of the rootfs).
You might think that, but you're inches away from having a chock full overlay, and if that happens your device will reset to factory settings. Think again, and think ahead .