Self-Storage Isn't Just Real Estate—It's a Business
Unlike traditional commercial real estate, self-storage facilities are operating businesses with complex revenue models, customer management systems, and operational efficiencies that directly impact value.
Revenue per square foot calculations
Understanding unit mix optimization and pricing strategies across different unit sizes
Occupancy and rental rate analysis
Seasonal trends, move-in/move-out patterns, and market penetration rates
Management efficiency factors
Staffing models, operational costs, and automation impact on profitability
Technology and security considerations
Modern access systems, surveillance, and customer management platforms
Understanding the Self-Storage Market
Key market dynamics driving value in the self-storage sector
Supply Constraints
Limited new development opportunities due to zoning restrictions and land costs. Annual supply growth of 2.1% creates favorable market conditions.
Demand Drivers
Urbanization and downsizing trends creating consistent demand growth. Annual demand growth of 4.2% outpaces supply expansion.
Technology Integration
Automated facilities and online booking improving operational efficiency. 78% of rentals now completed online, reducing overhead costs.
Investment Appeal
Recession-resistant asset class with stable cash flows and predictable revenue streams across economic cycles.
Our Self-Storage Valuation Methodology
A specialized approach that captures the unique operational aspects of self-storage facilities
Operational Analysis
- Revenue stream breakdown by unit type and size
- Operating expense ratios and management efficiency
- Ancillary revenue opportunities assessment
Market Positioning
- Competition analysis within 3-5 mile radius
- Pricing studies and rate optimization potential
- Demographic trends and demand drivers
Financial Modeling
- Income approach with self-storage specific metrics
- Stabilized NOI projections and lease-up analysis
- Cap rate extraction from comparable sales
Self-Storage Facility Types We Appraise
From traditional drive-up units to specialized new generation multi storey self storage properties.
Mult-Storey Self-Storage Facilities
Premium storage with temperature and humidity control for sensitive items. High-density urban facilities maximizing storage capacity per land area.
Drive-Up Mini Storage
Traditional ground-level units with direct vehicle access for convenience.