For example the cost to fill a 10 10 self storage unit will typically cost 80 to 160 per month.
Cost to build climate controlled storage units.
Other businesses have product ordering inventory count storage spoilage issues obsolescence staffing scheduling product liability issues equipment supply consumables etc.
Climate controlled storage may cost an additional 50 per month.
While the cost to store a car or rv can range anywhere between 45 and 450 per month depending on the size.
Wanting to know what it costs to build self storage facilities is often the first question a new investor asks.
Most of which are not part of the self storage equation.
You need 3 to 4 acres for 60 000 square feet and 4 to 5 acres for 80 000 square feet and so on.
12 14x45 units with 12x14 roll up doors roof design is single slope with 16 eave height 115 mph wind speed exposure c 20 psf live load 30 lb roof snow load 43 lb ground snow load 26 ga galvalume roof panels 26 ga painted wall panels 29 ga galvalume partition panels.
To meet today s demand for climate controlled self storage many multi property owners are building nearly 100 percent climate controlled properties.
Climate controlled units are generally about 30 to 50 percent more expensive than units without climate control.
Climate control demands higher rents and can justify increased construction costs.
On the surface the self storage business and what it will cost to build storage units looks so simple.
Special 3 45x168x16 single slope rv storage.
A building measuring 25 x 130 x 8 5 that contains 12 units measuring 10 x 15 12 units measuring 10 x 10 and five measuring 5 x 10 averages around 42 000.
Marc goodin is president of storage authority franchising and the owner of three self storage facilities that he personally designed built and manages.
Climate controlled self storage 6 cost to build self.
He s been helping others in the industry for more than 25 years.
A steel building measuring 20 x 80 x 8 5 that holds 16 units measuring 10 x 10 costs around 26 000 on average.
The cost to build storage units starts with land costs and parcel sizes.
A facility of 40 000 square feet requires a land parcel size of 2 to 3 acres.
It seems like a simple question but once you delve a little deeper you will find that there are a lot of variables that make that question hard to give an easy answer to.
Below are the various variables you should keep in mind.
Keep in mind that the average prices above include both climate controlled and units without climate control.
The cost of construction will also depend on the unit s amenities such as if the unit is climate controlled.