Cost To Build Climate Controlled Storage Units

Wanting to know what it costs to build self storage facilities is often the first question a new investor asks.

Cost to build climate controlled storage units.

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. On the surface the self storage business and what it will cost to build storage units looks so simple. Climate control demands higher rents and can justify increased construction costs. Keep in mind that the average prices above include both climate controlled and units without climate control.

For example the cost to fill a 10 10 self storage unit will typically cost 80 to 160 per month. 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. Below are the various variables you should keep in mind. Most of which are not part of the self storage equation.

Climate controlled units keep temperatures from dropping below 55 degrees or rising to more than 80 degrees and while they cost more to build and operate they can attract more customers. Climate controlled storage may cost an additional 50 per month. Climate controlled self storage 6 cost to build self. A steel building measuring 20 x 80 x 8 5 that holds 16 units measuring 10 x 10 costs around 26 000 on average.

Special 3 45x168x16 single slope rv storage. To meet today s demand for climate controlled self storage many multi property owners are building nearly 100 percent climate controlled properties. The cost to build storage units starts with land costs and parcel sizes. There are several other factors that can affect the price of storage units even within the same market.

Climate controlled units are generally about 30 to 50 percent more expensive than units without climate control. Other businesses have product ordering inventory count storage spoilage issues obsolescence staffing scheduling product liability issues equipment supply consumables etc. A facility of 40 000 square feet requires a land parcel size of 2 to 3 acres. Marc goodin is president of storage authority franchising and the owner of three self storage facilities that he personally designed built and manages.

While the cost to store a car or rv can range anywhere between 45 and 450 per month depending on the size. You need 3 to 4 acres for 60 000 square feet and 4 to 5 acres for 80 000 square feet and so on. He s been helping others in the industry for more than 25 years.